Viberate (VIB) Coin Soars 40% for the Second Time in a Month, Breaking Year-Long Downtrend

The native token of music-focused blockchain platform Viberate, VIB, caught fire recently, surging over 40% in 24 hours, according to market data. VIB rallied from a local low of $0.058 all the way up to $0.091 before stabilizing around $0.08.

Source: CoinStats – Start using it today

The exact catalyst behind the powerful upside move is unclear. However, Viberate has been steadily building real-world adoption, which likely renewed interest in VIB as both a utility token and long-term investment.

For example, Viberate recently announced integration with travel booking platform to boost crypto payments in the music events industry. These kinds of partnerships highlight Viberate’s traction in bringing music onto the blockchain.

The pump also comes amid a broader return of hype and bullish sentiment to cryptocurrency markets after a painful 2022 bear market. With tokens recovering off their lows, traders are likely on the hunt for depressed altcoins poised for a trend change—a profile VIB fits.

VIB’s technical chart also made it primed for a surge after touching the $0.058 support level. With bullish divergence on oscillators hinting at waning bearish momentum, the stage was set for an explosive move higher.

Read also:

Viberate appears well-positioned if it can continue expanding the real-world utility of its VIB token and blockchain-based solutions. With both chart signals and fundamentals aligning, VIB could have room to sustain its momentum if broader market winds remain favorable.

We recommend eToro

74% of retail CFD accounts lose money.
Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy thetrades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of


Rudolph Waltz
Rudolph Waltz

Journalist. 2 years working in a local newspaper in Karlsruhe, Germany. Now Rudolph is engaged in writing analytical articles for the cryptocurrency market. He creates an analysis of ICO-projects, conducts research, and does surveys on the crypto-market.