- The VXV crypto is the native utility token of Vectorspace AI (VXV) and it is based on the Ethereum blockchain platform.
- Vectorspace AI is a blockchain platform exploring evolving technologies such as artificial intelligence (AI) and machine learning (ML).
- The VXV crypto has recorded a massive surge and it seems that it will witness a bullish momentum throughout the year.
Under-the-radar cryptocurrencies have been gaining investors' attention over the past few months and have recorded a massive surge in trading volume and prices. Amid the rising popularity of alternative cryptocurrencies to Bitcoin and Ether, Vectorspace AI (VXV) crypto clocked an all-time high of US$ 19.19 per token on Thursday, September 16.
Vectorspace AI crypto hits all-time high. What’s VXV price prediction?
VXV token has been gaining massive momentum over the last twelve months and it is expected to continue the bullish trend for the remainder of this year. On that note, let's explore the Vectorspace AI project and its native VXV token.
What are the Vectorspace AI project and VXV crypto?
Vectorspace AI is a blockchain technology platform exploring evolving technologies such as artificial intelligence (AI) and machine learning (ML). In simple words, Vectorspace is a data-centric crypto startup and uses Natural Language Processing and Understanding (NLP/NLU) real-time datasets.
The project's datasets enable users to cluster entities that have a relationship with news, events, and global trends. Meanwhile, VXV is the native utility token of Vectorspace AI (VXV) and it is based on the Ethereum blockchain platform.
The VXV token has multiple users, and its major use is to pay subscription fees to access Vectorspace AI’s services. Apart from the payments function, the token's wallet address acts as an API key for the distribution of datasets.
The distribution of datasets allows users to access the highest level of data integrity and the VXV token is most importantly used for Data Provenance, a process that tracks the origin and source of data.
According to the project's website, all transactions are natively hashed on the blockchain, and this means that its Data Provenance Pipeline has the highest level of transparency and data integrity.
At the moment, users cannot obtain an interest in holding or staking the VXV crypto, but the project is planning to develop a feature where users can lease the cryptocurrency. As a result, the leasing feature would allow users to generate income.
According to CoinGecko, the VXV token has a circulating supply of 37.8 million tokens and its total supply is 50 million tokens.
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VXV crypto’s price prediction
In the last 12 months, the price of the VXV token has skyrocketed by 14,040.6 per cent and 177.5 per cent in the past two weeks.
The VXV crypto has recorded a massive surge and it seems that it will witness a bullish momentum throughout the year and that could push the prices of VXV tokens to US$ 30 apiece by the end of 2021.
If you are interested in this crypto there are many exchanges where you can get hold of this cryptocurrency. For example, major cryptocurrency exchanges like Uniswap, Paraswap and CoinMetro offer VXV tokens. However, please note, its continued growth is not a guarantee.