As the crypto market surges today, increasing 4.20% so far for the morning, some tokens are being propelled higher than others. The crypto Viberate (VIB) is up 14.41% for the day, which brings its rate to $0.09103 (VIB/USD).
The Middle of a Price Spike?
Even though this coin is up substantially today, it was climbing even higher very recently. The coin spiked to $0.2165 on the 16th of September, which is the highest we have seen this coin go since its initial rollout in 2018. Viberate had a brief high point back in 2021 where it achieved a price of $0.1604, but otherwise it has stayed between $0.04 and $0.009 for much of its time on the market.
What we are seeing now is possibly not the tail end of a brief spike but potentially part of a larger bullish movement. It is telling that Viberate did not just spoke and then sharply decline but is still seeing days of increase like today. That could indicate a long tail bull trend, but we will have to wait and see.
What to Know about Viberate
This isn’t a coin we talk about much at all, and it’s ranked #615 on the crypto market. However, it is one of the most significant coins today because of its incredible gains. There is potential for it to continue to gain or at least stay high for a while longer. We might not see a push back up to the $0.2 level again for a while, but we could definitely see some play above $0.1 if the coin keeps on climbing. It’s looking to do just that today.
Viberate is an Ethereum-based crypto coin that is designed as a music industry coin. This token is part of a live music ecosystem that is crowdsourced and that works on a blockchain. Because we are seeing a resurgence in music shows around eh world as Covid restrictions disappear, this coin has the potential to do quite well in the coming months.
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