Viberate’s Token Performance Reflects Market Sentiment

Viberate’s VIB token has experienced a substantial reduction in trading volume, dropping by 59%. The token price remains in a volatile range of $0.00223 to $0.0179. Viberate aims to facilitate blockchain-powered music artist analytics.

Vasja Veber, a co-founder, has emphasized music data transparency, though recent updates from the team have been sparse. The token supports an artist database, leveraging blockchain for data curation. Unfortunately, it appears that there are no substantial recent quotes or statements available from primary sources related to Viberate (VIB) and its Music Artist Database initiative. Here’s a summary of the situation:

• There is no new commentary from leadership, such as Vasja Veber, or any KOLs within the blockchain and music spaces.
• Official channels, including Twitter and LinkedIn, remain silent on updates regarding Viberate.

Given this lack of direct quotes and commentary, I am unable to provide any specific quotes related to your request.

Market activity indicates extremely low liquidity, with only $75 traded within 24 hours. This suggests a diminished interest from traders. VIB’s classification as an ERC-20 token underpins its position within the Ethereum ecosystem.

Long-term projections are mixed, pointing towards either potential recovery or further declines. The lack of new funding or institutional backing further limits market confidence. Technical signals remain varied, with a high RSI suggesting volatility.

Previously, VIB’s all-time high reached $0.6435 in January 2018, but the token has since decreased by over 99%. The market’s low liquidity and sentiment echo the broader altcoin market correction of 2018.

Experts suggest the current trends reflect broader market challenges. The absence of key leadership commentary and low market traction compound Viberate’s struggles, leaving future outcomes uncertain.