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VOLT sparks the Twitter trend, but the coin’s price remains volatile with a 30% drop — Will the price go up?

Andrew Zhoao

News editor

Apr 27, 2023 at 06:33

Volt Inu, a highly deflationary token on the Ethereum blockchain, is trending on Twitter. The reason is that the project is getting stronger, and every day its creators report about new collaborations and the development of their ecosystem. For example, more than 130 projects have integrated the VoltiChange widget as of today, and in the last 24 hours two exchangers have added the VOLT native token to their platforms.

At the same time, such news has almost no effect on the growth of the coin, while on April 21 and it fell sharply by 30%. More about the project, its most recent successes and failures will be discussed further.

“The people’s crypto”: What is Volt Inu?

Volt Inu is an ecosystem that, according to the description on its official website, aims to become “a one-top shop offering DeFi products,” but with a return of profits to VOLT’s own token to support its deflationary purpose.

The token grows by using true deflationary methods and generating additional income. Meaning that in addition to classic income sources such as blue chip NFTs, stablecoin staking, big and medium cap altcoin, and yield farms, the VOLT token generates passive income that extends to all holders due to the existence of NFTs.

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It’s worth noting that the reward is not for everyone, but only for top investors and through the acquisition of nodes. Through this process, the continuous income goes back to VOLT.

The Volt Inu ecosystem has five products. Here they are:

  • DEX VoltiChange. Automatically listing and making any Uniswap or Pancakeswap projects deflationary for free.
  • NFT collection VDSC. Gives a customer access to gaming integration and exclusive rights and revenues.
  • P2e racing game VoltiGames. Offers rewards plus buy-back and burns, all integrated with VDSC.
  • Multi-chain decentralized staking platform VoltFlex. According to the plan, it will be launched in 2023.
  • AI technology VoltiEco. Automation and smart contracts to collect airdrops.

As for the project’s native token, it runs on three blockchains at once: Ethereum, Binance Smart Chain, and Polygon Chain. The VOLT circulating supply is 54.7T tokens (out of 69T issued), and transactions on all three networks are on different terms:

Ethereum:

  • Reflections — 1%.
  • Liquidity pool — 2%.
  • Burns — 2%.
  • Marketing — 4%.
  • Treasury — 4%.

Binance Smart Chain:

  • Reflections — 1%.
  • Burns — 4%.
  • Marketing — 4%.
  • Treasury — 4%.

Polygon:

  • Reflections — 1%.
  • Liquidity pool — 2%.
  • Burns — 2%.
  • Marketing — 4%.
  • Treasury — 4%.

VOLT’s ups and downs

On the whole, the project is doing well. Development is proceeding at its own course, and, judging by the roadmap, most of the planned initiatives have already been implemented. At the moment, the Volt Inu team is in the fifth stage. Here is what is planned to be done in the near future:

  • Bridge on VoltiChange.
  • Voltichange gamification.
  • VoltiFlex.
  • VoltiSoft.
  • VoltiEco.
  • 3 top 10 CEXs.
  • VDSC battle toyale game. May onboard thousand of non-crypto gamers into the VOLT ecosystem.

  • VDSC in-game marketplace.
  • $1M burn at all-time high.
  • Volt-library.
  • 250,000 holders (9,725 at the time of writing according to Etherescan).
  • 250,000 Twitter follofers (currenyly 154,4K).

Now the project is actively cooperating with other companies. So, only VoltiChange widget was installed by more than 130 large projects, and their number continues to grow.

Here’s what else at the moment can boast Volt Inu:

  • VOLT has listed on two exchanges, Cwallet and SteallthEX, in the last 24 hours. According to the last one, Volt Inu is one of the most powerful meme projects in the industry.

  • Pepito exchange added the VoltChange widget to their website. With it, users can both buy tokens on the website while burning supply.

  • Integration with Swirl Tools, a multi-chain toolkit for the Pulse Chain. SWIRL holders can now use the token with a virtual or physical VoltiCard debit card.

  • The project team said it would launch VoltiEco, an artificial intelligence-based ecosystem, within three weeks. According to the plan, the project will have special staff who will search for current and upcoming airdrops and decide how safe they are for participation. The initiative entails appropriate remuneration for the holders, as well as the development of the Volt Inu project as a whole.

However, all this is not enough so far, and the price of the native token is now falling. At the time of writing the token trading at $0.00000106, which is 3,45% lower than a day ago. And the strongest drop of VOLT happened on April 21 (-30%). Notably, before that all memcoins started to rise, on the eve of the so-called meme day or DogeDay.

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There are no visible reasons for this drop, so one can assume that VOLT fell against the general market situation when Bitcoin and many other cryptocurrencies were in decline for more than three days in a row. However, according to investor Jazz. the situation has already recovered and the asset has almost made up for the last fall.

What can affect the growth of VOLT?

Now the most important question is the value of the asset, and what could affect it. Given that the project is in an active development phase, the lack of growth looks irrational. But, according to the same Jazz. soon there will be some “catalysts” that can affect the price of VOLT.

At the same time, we should not forget that Volt Inu has an awesome community, which actively promotes the project. The specialists of Satoshu Talks conducted a voting, asking users which in their opinion is the most promising dog-themed memecoin. You can see who the participants of the poll believe in the most below.

Why do you think VOLT is not growing in value and does the token have a chance to fly to the moon?

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Home » Insights and analysis » VOLT sparks the Twitter trend, but the coin’s price remains volatile with a 30% drop — Will the price go up?

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