Vita Inu or VINU is the native token of the Vite DAG chain and the governance token of the VINU Ecosystem. Vita is known to be the first quick, free, canine-themed coin that has a high TPS and smart contracts. It was launched in November 2021 and is ranked 769 on the coinmarket at this time (4 November). Read this article for step by step guide on how to buy Vita Inu in India.
At the moment Vita Inu is trading at a price of ₹0.000001689 with a market cap of ₹793,247,303. The highest price it ever reached was ₹0.000005852 which happened on 30 March 2022 and the lowest price was on 3 December 2021.
According to its white paper, VINU is built on the philosophy of letting people have fun, meet new people, and learn everything there is to know about the most significant technological advancement of our time: cryptocurrency. Vita Inu aims to contribute to the development of sizable DAG ecosystems that permit the free, secure, and effective exchange of multiple cryptocurrencies in cooperation with the Vite network.
Why Buy Vita Inu in India?
For any cryptocurrency, their use case and price matter a lot. Because of that mainly the user wants to buy them. In the case of Vita Inu, there are a lot of reasons.
Factors that helped Vita Inu to receive such popularity
High quantity
With a maximum supply of 900 Trillion (978,854,006,971,287), it was simple for individuals to purchase it because there was so much of it. So more a
nd more people ended up buying it as it was easy to get.
Low price
Vita Inu is known for its low prices as well as for high quantity among other cryptos. At the price of a Bitcoin or any other big cryptocurrency, you can buy millions of VINU. At the moment the price of Vita Inu is ₹0.000001689.
Backup from powerful people like Elon Musk
Elon Musk is a big supporter of the Meme coin. Additionally, Vita Inu is also one of them so when powerful people like Elon are supporting and talking about these coins the prices increases. Recently Elon Musk has taken over the Twitter platform. And he is planning to convert Twitter into a crypto-friendly platform so the demand for meme coins has increased even more.
What can risk the growth of Vita Inu?
Changing Trends
Every year, many cryptocurrencies are introduced, and buyers choose to buy the ones that have greater features or are more popular in the market. As a result, there is a chance that most cryptocurrencies may lose value because trends change, and cryptocurrencies that are hot today may become useless tomorrow.
Easy availability leads to limited growth
For any cryptocurrencies growth, demand is the key factor; if supply is excessive, the demand will be met quickly. However, this will reduce the probability of gaining high prices in the crypto market. The maximum in this instance of VINU is 900 Trillion, which is quite high and is a topic of debate.
How can you buy Vita Inu in India on Suncrypto?
If you want Vita Inu, you can purchase it directly or as a payment. The most commonly used and safe method is to get it through a reliable exchange like Suncrypto Exchange.
Follow these steps to buy your Vita Inu (VINU) on the Suncrypto application
- Download the Suncrypto application from the Play Store or the App store
- Complete the KYC process by filling out the requirements
- Deposit the account to buy cryptos on the platform
- Search the Vita Inu coin on the application
- Select the quantity and press buy
- And then you are done.
Vita is a cheap token which has a fair reputation in the market. That’s why it can be a good investment to start with low prices. In conclusion, the cheap price and popularity of tokens have become the reason for the preference of people to buy Vita Inu in India. Lastly, investment is simple on Suncrypto, a person should do proper research before investing in the market.
For more crypto-related information and news you can check out the Suncrypto academy.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. All content provided is for informational purposes only, and shall not be relied upon as financial/investment advice. Opinions shared, if any, are only shared for information and education purposes. Although the best efforts have been made to ensure all information is accurate and up to date. Occasionally unintended errors or misprints may occur. We recommend you to please do your own research or consult an expert before making any investment decision. You may write to us at [email protected].
