What is Volt Inu?
Volt Inu is a crypto project that aims to become a one-stop shop for DeFi projects. Launched in December 2021, it has quickly become a project worth watching in the crypto space.
The project boasts an ever-expanding ecosystem that currently consists of a decentralized exchange, NFT collection, and crypto-based games, with more services on the way. It is on the Ethereum, Polygon, and Binance networks, with plans to expand to more networks.
The project’s ecosystem comprises;
Voltichange is a deflationary decentralized exchange. It enables users to trade any BEP20 or ERC20 token with a 0.25% fee that the system burns. The exchange provides crypto holders with a deflationary way to increase the value of their tokens.
The exchange also helps cryptocurrency projects burn their token supply. There is a widget tool that enables crypto projects to provide their users with an easy way to buy directly from Voltichange while burning their supply at the same time. Other notable features include a trending bar, token data, and favorite trades, which make trading easier.
Volted Dragons Sailors Club (VDSC) is an NFT collection of 10,000 3D dragons. The dragons are ERC-721 tokens on the Ethereum blockchain. They each have unique properties and traits that differentiate them and increase their rarity.
The NFTs are available for purchase on OpenSea and other NFT marketplaces. Once you become a holder, you get exclusive access to future collections, exclusive rights, and revenues within the VOLT ecosystem, among other perks.
Voltigames are play-to-earn games that offer multiple ways to earn VOLT tokens. 2D Racers is the first play-to-earn (P2E) game announced on the platform. It is an online racing game that can be played on browsers.
In February, the crypto project released the first version of its NFT-focused game, Battle Royal, which can be played online. The game displays a fictional world of dragons that take part in battles on their island. VDSC NFTs are the backbone of the game.
VOLT is the native utility and governance token of the platform. It is a deflationary token that was launched on the Ethereum blockchain. It is designed to generate passive income for its holders through NFT fractionalization and node acquisition.
The token is currently worth $0.000001697 and ranked the 289th largest cryptocurrency by market cap, valued at $92,810,418 by Coinmarketcap. It is available for purchase in more than 100 exchanges, including Gate.io and Bittrue.
The tokens have a max supply cap of 69,000,000,000,000 coins. There are currently 54,766,287,142,827 of them in public circulation.
Besides purchasing the tokens, you can also earn them by participating in various activities in its ecosystem, including playing the P2E games, 2D racers, and Battle Royale.
Is Volt Inu a good investment?
VOLT tokens' current market price makes them the best choice for beginner crypto investors. However, according to many cryptocurrency prediction platforms, the tokens are not the best choice if you are looking to make quick returns. They are better left as a long-term investment option.
According to DigitalCoinPrice, the tokens might trade at an average price of $0.00000334 in 2023, $0.00000410 in 2024, $0.00000596 in 2025, and $0.00000743 in 2026. Digitalcoinprice predicts that even by 2032, the tokens will still not be trading above 1 cent.
Priceprediction predicts the coins might trade at an average price of $0.00000199 in 2023, $0.00000288 in 2024, $0.00000419 in 2025, and $0.00000597 in 2026. Like Digitalcoinprice, Priceprediction does not see VOLT hitting the 1 cent price even by 2032.
Ambcrypto, another popular crypto prediction site, predicts the tokens might trade at an average price of $0.0000011 in 2023, $0.0000026 in 2024, $0.0000034 in 2025, and $0.0000044 in 2026.
All crypto prediction sites and analysts agree that the tokens might take a long time before they even trade above 1 cent. One prediction platform even calculates that it might take close to 40 years for the token to trade above 1 cent. However, this is the crypto space, and it is highly unpredictable.
Volt Inu's latest news reveals that its native utility token was recently listed on Huobi Global, a leading crypto exchange. The news was announced on 8 March, 2023, via Twitter.
The move is one of many Volt Inu is making to increase its native token's legitimacy and accessibility. The more people have access to the token, the better its price appreciation chances.
Volt Inu is an ambitious cryptocurrency project looking to take over the DeFi space. According to its road map, it has already accomplished a lot and is still working on more ways to add to its services and expand its user base.
The native token might not be performing well, but it still stands out with its use cases. The token is worth watching out for, especially as its ecosystem continues to expand and more people find their way into it.
Author: Jay Jackson
Jay Jackson is a crypto trader, researcher and freelance writer. He works closely with people and businesses in the crypto sphere, writing blog posts, guides, press releases, reviews and ebooks.