English economist John Maynard Keynes said, that the economic downturn won’t necessarily self-correct and fix itself (as classical economists believed) — and lots of people can lose their jobs as a result. The solution, Keynes said, was “for the government to step in, to fill in the spending hole created by the private sector with deficit-creating stimulus, and provide the confidence needed to get the economy chugging along again”. If this does not happen, a “vibe shift” results. Fear and pessimism, bad vibes if you will, can become contagious.
The crypto industry has fallen into a rut, and the only way to get back on a winning track is to push up. Blockchain technology, in itself, is already making waves, with new developments emerging by the day. A fusion of augmented and virtual reality can only mean more excitement in the blockchain space. VIBEHub is pioneering this development and aims to build a scalable ecosystem that offers several revolutionary features.
Today’s live VIBE price is $0.005457 with a 24-hour trading volume of $455.16. VIBE is up 3.73% in the last 24 hours. The current CoinMarketCap ranking is #1401, with a live market cap of $1,419,603. It has a circulating supply of 260,136,427 VIBE coins and a max. supply of 267,000,000 VIBE coins.
This piece provides details about VIBEHub, its features, native token, past price performance, technical analysis, and price forecast. Let’s get into it.
What is VIBE?
VIBE or VIBEHub, founded by Alessio Mack, is a crypto-based VR and AR marketplace or hub built on the layer-2 solution VIBENet – a side chain that’s scalable across multiple blockchains and enables instant and fast-paced transactions with zero gas fees. VIBENet boasts security, speed, and transparency, and it supports NEO, LINK, ETH, and VIBE.
The VIBE ecosystem enables educators, creatives, instructors, artists, and other users to reach a much broader and distant audience in one virtual reality (VR) stream. Furthermore, the platform allows astronomically monetizing content based on AR and VR technology via holoportation technology (holograms) or Volumetric Video Technology (VVT) and digital assets.
Although VVT is an emerging technology, holograms are expected to become more immersive and realistic as it advances. Innovations in the ecosystem aim at creating NexGen NFTs and revolutionizing gaming via blockchain for developers and end-users by setting new standards. The virtual reality (VR) experience offered by VIBEHub is poised to make the network a pacesetter in the combination of blockchain and VR technology in the coming years.
The VIBEHub network utilizes an entirely decentralized and secure Ethereum-based (ERC-20) token, VIBE. This token has a fixed supply, and it powers the ecosystem. It is typically used to purchase virtual goods and services on the network.
VIBE Overview and Price Change
Features of the VIBEHub ecosystem
- VIBE NFT’s: Non-Fungible Tokens in this ecosystem are unique virtual collectibles that range from photorealistic 3-dimensional models to game assets. They offer risk-free purchasing opportunities for newbies and VIBE-backed (as collateral).
- AUCTIONS: The VIBE ecosystem features a price discovery NFT auction mechanism, otherwise known as open ascending auctions, where the bidder with the highest price wins the NFTs. The auctioned VIBE NFTs can be traded, bought, or sold on the ecosystem’s marketplace.
- VIBENET DAPPS: Several dApps leverages the network, including VIBE OR DIE, a crypto FPS game. A distinct feature of this ecosystem is that all the applications integrated on the network, including mobile, augmented reality (AR) Apps and gaming dApps support a variety of digital coins.
- GAME NODES: This feature incentivizes the sponsoring of game nodes in the ecosystem. Usually, sponsors of game nodes earn half of the transaction fees generated by their nodes.
- VIBE SDK: This is an all-in-one tool kit for individual and enterprise game developers who seek safe, swift, and gas fee-free transactions for NEO, ETH, LINK, BTC, and VIBE.
- VIBE VIRTUAL SECURE WALLET: This wallet stores any virtual asset integrated on the reliable, completely transparent, and secure VIBENet.
VIBE Price History
According to Coinmarketcap, the market value of VIBE kicked off at USD 0.04968 after its public launch in 2017. The asset enjoyed an uptrend over the next few days as it reached a market price of USD 0.08121 on September 29, 2017, and a day high of USD 0.1764 on October 6, 2017. VIBE lost momentum in the following days but soon recovered and ended 2017 on a high, with a maximum market price of $0.242 in December.
In 2018, the coin experienced a price retracement but soon recovered to attain its current all-time high of $2.70 on January 10, 2018. A price reversal followed in the coming days and months, as the coin’s value fell below $1 on January 27. The bearish price trend continued till the end of 2018, as VIBE closed the year at USD 0.02766.
In 2019, VIBE traded between USD 0.01 and USD 0.066, and in 2020, the value of the cryptocurrency ranged between a minimum price of USD 0.004229 and a maximum price of USD 0.02976 – reflecting a further VIBE price fall. On February 13, 2021, VIBE hit its current all-time low of USD 0.001886. The development in the ecosystem, coupled with the crypto price lush in the first few months of this year, drove the price of VIBE upward till it reached $0.1053 at the end of March.
A price reversal followed suit in the coming months, and at the time of writing, the current price of VIBE was USD 0.078, a 39.51% price rise in 24 hours. Also, the 24-hour trading volume of VIBE increased by over 32.26% to USD 220,074.16, and its market cap is USD 20,332,656.51.
As a potential VIBE investor, you’re most likely pondering on the prospects of the crypto-based on its historical price data. Is this worth the investment? Does it have a future? Where to buy it?
Not to worry, here are our expert technical analysis and VIBE price predictions based on popular crypto market indicators. Although it is impossible to predict the occurrences in the cryptocurrency market 100%, this well-researched VIBE price forecast could set you on the right track.
VIBE Technical Analysis
According to the MACD indicator, VIBE prices are about to enter into a bullish crossover. The 100 EMA line is also about to cross over the 200 EMA line from below, which is another bullish sign.
The RSI indicator is currently in the overbought region but looks like it will soon enter the neutral territory.
The Bollinger Bands are expanding, which means that the price is volatile and can go either way in the near future.
Based on these technical indicators, it seems like VIBE prices are about to enter into a bullish trend in the near future. However, one should always do their own research before making any investment decisions.
Vibe coin Price Prediction by Authority Sites
Coincodex forecasted that the Vibe coin price is going to reach $0.011 by the end of 2022 and $0.018 by December 2025. They have also given a more optimistic price prediction, stating that the Vibe coin price could reach as high as $0.028 by December 2030.
Short-term price prediction forecast: The Walletinvestor price predictions for the Vibe coin are quite bearish in the short term. They predict that the price will fall to $0.004 by November 2022 and will not go above $0.004 till 2025.
Trading beasts are quite bullish about the future of the coin. They believe that by VIBE will reach $0.02 by 2025.
Digitalcoinprice forecasted that the Vibe coin has a bright future ahead. They are of the opinion that the coin will reach $0.1 by 2030.
Longforecast predicted that in 2022, the VIBE price would be around $0.01, by 2025 it would be around $0.02 and by 2030 it would be around$ 0.1.
DigitalCoinPrice forecasted the price of the Vibe coin to be $0.01112 in January 2022 and it will gradually rise to $0.018 by December. The five-year VIBE price equal forecast shows that the Vibe coin might reach $0.02 by 2025.
VIBE Price Prediction 2022
The price of VIBE is expected to be at a minimum price of $0.008 and by the end of the year will be at a maximum price of $0.009 and buying at an average price forecast of $0.008.
VIBE Price Prediction 2023
VIBE is expected to have a minimum price value of $0.012 and reach a maximum price level of $0.014 by the end of 2023 buying at an average price of $0.012.
VIBE Price Prediction 2024
In the year 2024, VIBE is expected to have a minimum value of $0.017 and reach a maximum of $0.028 by the end of 2024 buying at an average forecast price of $0.025.
VIBE Price Prediction 2025
VIBE is expected to have a minimum value of $0.024 and reach a maximum of $0.028 by the end of 2025 buying at an average of $0.025
VIBE Price Prediction 2026
VIBE is expected to have a minimum value of $0.034 and reach a maximum of $0.04 by the end of 2026 buying at an average of $0.035.
VIBE Price Prediction 2027
In the year 2027 VIBE is expected to have a minimum value of $0.049 and reach a maximum of $0.058 by the end of 2027 buying at an average of $0.051.
VIBE Price Prediction 2028
VIBE is expected to have a minimum value of $0.068 and reach a maximum of $0.084 by the end of 2028 buying at an average of $0.071.
VIBE Price Prediction 2029
VIBE is expected to have a minimum value of $0.099 and reach a maximum value of $0.12 by the end of 2029 buying at an average trading price of $0.1.
VIBE Price Prediction 2030
VIBE price is expected to have a minimum value of $0.14 and reach a maximum of $0.17 by the end of 2030 buying at an average of $0.14.
According to the price predictions mentioned above, the Vibe coin is a profitable investment in the long term. Vibe has a very good chance of becoming one of the most successful investments in the cryptocurrency market. The price predictions for Vibe coin are quite bullish in the long term. Most analysts predict that the price will reach $0.01 by December 2022 and will continue to rise to $0.016 by December 2025. The long-term price predictions are quite optimistic, as they state that the Vibe coin price could reach $0.028 by December 2030.