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What is Viction (VIC)?

Viction basic info

Name:Viction
Ticker:
Introduction:

What Is TomoChain?

TomoChain is a secure, scalable public blockchain, renowned for its well-designed features and products that support the development of web3 apps and games. Launched in 2018, TomoChain has been a community-driven platform, evolving to promote the greater adoption of web3 technologies and products. It stands out as a superior alternative to major networks like Bitcoin and Ethereum, offering advantages in fork generation, efficient throughput, and fast confirmation times. TomoChain is Ethereum Virtual Machine (EVM) compatible and operates with a Proof of Stake (PoS) consensus optimized for speed and scalability.

The platform was developed by TomoChain Labs, with the parent company, TomoChain Pte Ltd., established in 2017 by Tung Hoang, Son Nguyen, Le Ho, and Long Vuong. TomoChain raised $8.5 million in its ICO in early 2018 and continues to develop, with many of its features already available online, including staking, developer tools, TomoWallet, TomoMasterDAO, and TomoBridge.

Resources

Official Documents: https://docs.tomochain.com/

Official Website: https://tomochain.com/

How Does TomoChain Work?

TomoChain operates with an easy-to-use interface and offers utility to meet today’s user needs, focusing on security, low transaction fees, and speed. It supports simplified product creation for developers and allows users to secure the network with staking via TomoWallet. TomoChain employs a Proof of Stake Voting mechanism to support the network's continued development, where token holders can vote for a Masternode by staking at least 100 TOMO tokens to a smart contract associated with that candidate.

TomoChain connects to other blockchains via TomoBridge, allowing users to migrate their TOMO tokens to other blockchains and vice versa. This feature enables TomoChain users to easily leverage the features and functions available on other blockchains. Additionally, TomoChain’s design and functionality actively promote the platform’s goal of accelerating the adoption of web3 applications, offering fast processing times, interchain bridging, and enhanced security.

What Is TOMO Token?

TOMO is the native token of TomoChain, used to support the growth and security of the network through a voting mechanism. It is used to reward voters and Masternode Candidates and can also facilitate cross-chain transfers through TomoBridge. There is a maximum supply of 100 million TOMO tokens, with almost 97 million in circulation. The tokens were initially distributed with 50% allocated to the Governance Treasury, 21% to the TomoMasterDAO Team, and the rest distributed among various other allocations.

TomoChain's Impact on Finance

TomoChain strives to hasten the adoption of web3 applications by maintaining decentralization while operating with no transaction fees and ultra-fast processing time. It stands as a testament to the innovative strides being made in the blockchain and cryptocurrency space, offering a scalable and secure alternative for developers and users alike. It is poised to drive the price and market cap higher in the future due to its lofty goal of speeding up mass adoption of web3 usage and its many innovative features and mechanisms to support this goal.

TomoChain’s impact is also reflected in its partnerships with established entities and its continuous development and upgrades, such as the Excalibur hard fork and the launch of TomoX. These developments and its unique features make TomoChain a significant player in the blockchain and finance sectors, contributing to the broader goal of mainstream web3 application adoption.

What Determines TomoChain's Price?

The price of TomoChain (TOMO), like other cryptocurrencies, is determined by a myriad of factors, reflecting the dynamics of the cryptocurrency market. Supply and demand dynamics play a crucial role in determining the price of TOMO. When more cryptocurrency enthusiasts and investors are buying TOMO, the price tends to rise. Conversely, when more people are selling TOMO, the price tends to fall. The availability of TOMO to buy on cryptocurrency exchanges such as Bitget also influences its price, as it provides a platform for trading, thus affecting supply and demand.

Cryptocurrency news, trends, and events significantly impact the price of TomoChain. Positive news and events related to TomoChain or the broader crypto market often lead to increased demand, driving up the price, while negative news can decrease demand, leading to a price drop. Cryptocurrency analysis and charts are essential tools for both beginners and experts in the crypto community, offering insights into potential price movements and helping in making informed investment decisions. Cryptocurrency price predictions and crypto market analysis are often used by investors to gauge the potential future value of TOMO, influencing buying and selling decisions, and thus, its price. For instance, any news or predictions suggesting that TomoChain is the best crypto investment for 2023 and beyond can lead to increased demand and a subsequent rise in price.

Market sentiment, driven by cryptocurrency influencers, experts, and the broader crypto community, also plays a pivotal role in determining TOMO's price. Positive sentiment can lead to increased adoption and demand, pushing prices higher, while negative sentiment can have the opposite effect. Additionally, cryptocurrency regulation can impact the price of TOMO, as it can affect its availability and legality in various jurisdictions, influencing its demand and adoption. Lastly, the inherent crypto market volatility, cryptocurrency risks, and security concerns can lead to fluctuating prices, making it imperative for investors to manage their crypto portfolios effectively and stay abreast of the latest developments in the cryptocurrency market.

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Current price:
All-time high:$3.92
All-time low:$0.1407

VIC supply and tokenomics

Circulating supply:96,830,750 VIC
Total supply:210,000,000 VIC
Max supply:210,000,000 VIC
Market cap:$40.69M
Fully diluted market cap:$88.25M

Links

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What is the development prospect and future value of VIC?

The market value of VIC currently stands at $40.69M, and its market ranking is #703. The value of VIC is not widely recognized by the market. When the bull market comes, the market value of VIC may have great growth potential.

As a new type of currency with innovative technology and unique use cases, VIC has broad market potential and significant room for development. The distinctiveness and appeal of VIC may attract the interest of specific groups, thereby driving up its market value.

What will the price of VIC be in 2025?
Based on VIC's historical price performance prediction model, the price of VIC is projected to reach $0.6503 in 2025.
What will the price of VIC be in 2030?
In 2030, the VIC price is expected to change by 0.00%. By the end of 2030, the VIC price is projected to reach $1.02, with a cumulative ROI of +160.24%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of VIC and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is VIC worth investing or holding? How to buy VIC from a crypto exchange?

If you want to buy VIC, the following information may be helpful for your investment decisions:
In the last seven days, the price of VIC has risen by 15.97%, leading to positive returns for most VIC investors. The market is currently optimistic about the price trend of VIC.
It is important to note that the current price of VIC has retreated by -89.27% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether VIC is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in VIC or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of VIC, if you want to buy or sell VIC, you can consider Bitget for your trading needs. The best place to buy VIC is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Viction has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Viction. Here's a step-by-step guide on how to buy Viction on Bitget.

How to get Viction through other methods?

Using cash to buy Viction is not the only way to obtain Viction. If you have the time to spare, you can get Viction for free.
Learn how to earn Viction for free through the Learn2Earn promotion.
Earn free Viction by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Viction airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Viction through Bitget Convert, Bitget Swap, or spot trading.

What is Viction used for and how to use Viction?

The use case of Viction may expand as the crypto market and the project itself develop. Currently, you can use VIC to achieve the following goals:
Arbitrage by trading VIC: Since VIC is a frequently traded cryptocurrency, the price of VIC is always fluctuating. Earn more VIC by buying low and selling high on the exchange. Bitget spot market provides a variety of VIC trading pairs to fully meet your needs.
Earn by staking VIC: You can also generate income through financial management methods such as staking VIC or lending VIC. Bitget Earn offers a variety of financial products designed to help you earn more income from your VIC.
Send or pay VIC: If you want to give VIC to your friends, a charity, or a fundraiser, or you want to pay someone with VIC, you can quickly and easily send VIC to the recipient through their payment address.
You can also go to the official website of the Viction project to learn more about the use cases of VIC. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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