With significant developments in the blockchain industry, the Vanar Layer1 blockchain platform has announced a strategic partnership with technology giant NVIDIA.
After the announcement, the Vanar (VANRY) token experienced an extraordinary surge, increasing by 56% within 24 hours and reaching a price of $0.36 in early March 2024.
Collaboration with NVIDIA brings promising implications for the Vanar ecosystem, particularly in the domains of Artificial Intelligence (AI), metaverse, and gaming.
By utilizing the latest infrastructure from NVIDIA, all projects in the Vanar ecosystem are ready to access cutting-edge technology, driving innovation and advancement across various sectors.
With support from NVIDIA and future partners, Vanar is determined to be a pioneer in AI innovation, which will strengthen its position in the blockchain field.
On Wednesday, March 27, 2024, Vanry Chain (VANRY) was traded at a market price of $0.2723. This is equivalent to Rp4,313 (DYM to IDR). The current market capitalization reaches Rp6,060,000,000,000 or $332,000, placing it at rank 245 among 9,277 active crypto assets according to Coinmarketcap.
The total supply of Vanry Chain coins reaches 1,000,000,000, of which half of that amount, or 500,000,000 VANRY, is currently in circulation. The token allocation includes 30% for the team and advisors, while another 25% is allocated for public sales.
On the other hand, 20% of the total coins are allocated for the ecosystem and developers, with 15% for marketing and operational needs, and 10% available as reserves.
According to Coincodex estimates, in 2024, Vanry Chain is expected to trade in the range of $0.270787 to $1.294515. If it reaches the highest price target, then VANRY has the potential to increase by 375.77% and reach $1.294515.
