VAL is the validator reward token for the SORA network, used to reward those that stake XOR as part of the Nominated Proof-of-Stake consensus algorithm. VAL is a deflationary token that gets burned with each transaction on the SORA network.
Sora Validator Price Analysis
As of December 25 2024 Sora Validator has a marketcap of $1.1M.
This is {{percentagefromath}} from its all time high of $9.05.
In terms of its tokenomics, there's a total supply of 100M with 61% currently outstanding.
Keep in mind Sora Validator has a fully diluted value of $1.9M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
