VANAR CHAIN (VANRY)
"Today ı'm going to share my work on VanarChain(VANRY) :))"
Vanar Chain is basically L1 blockchain project. Vanar Chain offers close to zero fees , lightning fast transaction for entertainment consumers (Web3 Gamers , VR/AR Users) .
Actually Vanar Chain come from Virtua (TVK) . Virtua Team have announced new rebranding and they have presented Vanar Chain.
"Vanar, designed from the ground up, builds upon our technological expertise to foster practical real-world adoption. Drawing upon years of experience working with the gaming, entertainment, and brand sectors, our primary focus is on ushering billions of consumers into the world of web3."
They explain plans about Vanar Chain with these words.
When we look at the Vanar Ecosystem , there is no project that exist. But main goal for Web3 Gaming Area is they are planing to use machine learning system in Web3 Games.
In this way , they want to prevent cheating on games. When we're looking at this perspective ; project contain Web3 Gaming and AI .
Tokenomics
When we'are looking at the tokenomics data ; all of VANRY tokens are in circulating so there is no token inflation . FDV and actual market cap are 74.8 M dollars , when we compare this marketcap with other Blockchain Gaming projects , VANRY is very cheap .
In their website converting TVK to VANRY is still continue . So if you have TVK token , you should go "https://swap.vanarchain.com/" and convert your tokens to VANRY.
Technical Analysis
When we're looking at the chart , price is still accumulation period. 0.046$ level is lowest price and also strongest support level. Also green box area is strong support level for price cause of include last swing low and s/r flip area . Also this level match up with last low level of VWAP indicator . 0.066$ level and fixed volume profile balance point are resistance level for price.
"✍️PLEASE DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISION"
Thanks for reading , have a good day :))