Vancat (VANCAT) seems to have become one of the tokens that have received attention from the market, this is because VANCAT is considered to have significant potential for appreciation in the future, this token is one of the tokens that are tied to the Non-Fungible Token (NFT) ecosystem, even considered to be one of the main characters.
About VANCAT
VANCAT is a token with BEP-20 which means this token moves on the Binance Smart Chain (BSC) network, this token released by Vancat aims to become a platform for NFTs, where users can make any deposit into the NFT.
The VANCAT token itself is included in the new protocol layer which creates several new opportunities for adoption in the NFT world, Vancat also plans to release a Decentralized Application (DApp) along with this protocol, which will focus on several types of NFT.
This DApp will later be made to protect the world of digital art in the crypto market, in the future, when viewed as a whole, this DApp will focus on the world of NFTs, and will make it easier for users to be able to mine and make their own NFTs.
In its application on its current official website, Vancat only supports NFT trading which is formed on the Vancat publishing platform itself, this is done to ensure security on the Vancat NFT platform.
Supply of VANCAT Tokens
The total supply of VANCAT tokens in the economy is one quadrillion, until now the number of tokens in circulation stands at 526 Trillion with around 110 Trillion locked in the liquidity of PancakeSwap and 474 Trillion that has been burned.
Vancat also implements Token Burn or elimination of the existing inventory, so that VANCAT tokens will experience increasing scarcity, VANCAT's market capitalization is currently at $7.4 million and is officially traded on PancakeSwap, a decentralized exchange on the Binance Smart Chain.
One of the important things to be able to have Vancat is that this token must be owned in whole numbers so that the owners of these Vancat tokens do not have a decimal or comma number, Vancat itself has three main uses, namely for smart contracts, locked liquidity, and funds. pool on PancakeSwap.
Vancat future plans have been officially recorded on the Roadmap which you can see below,
Possible Future Appreciation
Until now, Vancat tokens are still in development, and if you look at the Roadmap, the VANCAT tokens will be listed on the majority of decentralized exchanges in the second quarter of 2022.
If you look at its fundamentals, it is predicted that Vancat will experience a significant appreciation because of its role in the world of NFT, Vancat is also rumored to be playing a role like Binance Launchpad, which is only devoted to NFT, besides that Vancat seems to be starting to try to attract the attention of influencers.
In general, when this happens, crypto will experience a significant appreciation in the future, until now the price of Vancat is at $0.00000003 and can be purchased on decentralized exchanges such as PancakeSwap which also operates on the Binance Smart Chain network.
But before deciding to invest in this VANCAT token, you should do a deeper analysis, so that it doesn't become a problem in the future, because all the risks and investment decisions are in your hands who want to invest in this token, any losses that occur in the future. is not the responsibility of the author, as the one who wrote this article.
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