- Somnium Space Cubes (CUBE) price is trading at the level of $1.06 with an intraday gain of 0.26% with a market cap of $13,203,818.
- Venus’s (XVS) price is trading at $10.53 with an intraday loss of 0.40%.
- The portal crypto price is $0.9284 with an increase of 0.25% with an intraday volume loss of 18.53%.
Cubes (CUBE), Portal, and Venus’s (XVS) are Cryptocurrencies showing good performance nowadays and have a growing future.
Somnium Space Cubes (CUBE) Overview and Price Analysis
Somnium Space is a UK-based team that launched in 2018. They have created a VR world with a blockchain-based economy. They sell NFTs and ERC20s in-game currency and provide immersive VR experiences from entertainment to education.
Somnium Space Cubes (CUBE) price is trading at $1.06 with an intraday gain of 0.30%. The current market cap of the crypto is $13,207,859; intraday volume drop of 81.15% showing a decline in the buying and selling activity. The all-time high of crypto is $68.07 which was attained on November 16, 2021, about 2 years ago. Moreover, the all-time low of the crypto was $0.5652 which was registered on January 01 2023 about a year ago.
Venus’s (XVS) Crypto Overview and Price Analysis
Venus represents a pioneering protocol on the Binance Smart Chain, offering algorithmic-based financial markets and a stablecoin mechanism.
This system provides an easy-to-navigate platform for lending and borrowing digital assets within the DeFi landscape, allowing for quick collateral-backed loans with minimal transaction costs. Moreover, Venus enables the creation of VAI stablecoins almost instantly, requiring users to lock in double the amount of the loan as collateral in the Venus contract.
VAI is a synthetic asset tied to the US dollar’s value, created as a BEP-20 token, while XVS tokens, also following the BEP-20 standard, serve a different purpose. XVS holders have the power to steer the Venus protocol’s direction by voting on various proposals, such as the introduction of new forms of collateral, tweaking of system settings, and the implementation of new features.
The unique aspect of Venus’s governance is that it’s in the hands of the XVS token holders, excluding the original creators, team, and advisors of Venus, as they do not possess any allocation of XVS tokens, ensuring a decentralized decision-making process.
At press time, the Venus crypto (XVS) price was trading at $10.51 with an intraday drop of 0.34%, indicating bullishness on the charts. It has a monthly return of 35% and a gain of 65% yearly. It has a market cap of $165,979,245. Analysts are bullish and suggest the XVS price will attain higher levels in upcoming months.
The Portal Crypto Overview and Price Analysis
Portal’s platform is designed to create a cohesive Web3 gaming community by integrating games and players across different blockchain networks through its cross-chain token system.
Leveraging its collaboration with LayerZero, Portal offers gamers a fluid experience across multiple chains, bridging the gap between isolated Web3 games and a broader audience with an intuitive interface.
The technology behind Portal facilitates easy entry for gamers and the distribution of a diverse selection of games, setting the stage for a seamless shift from traditional Web2 gaming to the Web3 space.
At press time, the Portal crypto (Portal) price was trading at $0.9284 with an intraday gain of 0.25%, indicating bullishness on the charts. It has a monthly return of 55.08% and 79.00% yearly. It has a market cap of $161,379,253 Million. Indicators are bullish and suggest the Portal price will attain higher levels in upcoming sessions. The data shows the recent weakness in the price.
Summary
Price analysis of three cryptocurrencies; Somnium Space Cubes (CUBE), Venus (XVS), and Portal. Somnium Space Cubes is a VR world with a blockchain-based economy that sells NFTs and ERC20s in-game currency. Venus offers algorithmic-based financial markets and a stablecoin mechanism, while Portal is a platform that integrates games and players across different blockchain networks through its cross-chain token system. The price analysis shows that all three cryptocurrencies have a good performance and have gained value over time.
Technical Levels
Cube
- Resistance Levels: $1.20 & $1.40
- Support Levels: $1.00 & $0.750
Portal
- Resistance Levels: $1.10 & $1.75
- Support Levels: $0.85 & $0.500
Venus
- Resistance Levels: $11.00 & $17.00
- Support Levels: $9.00 & $6.00
Disclaimer
This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.