VRA Token From Verasity Is Back In The Spotlight As Bullish Signs Emerge

The crypto project focused on video game esports is gaining massive traction amidst a period of overall bearishness in the crypto market.

The VRA token from Verasity is once again in the spotlight as several bullish signs have emerged. The crypto project, which focuses on video game esports, is seeing massive interest despite a period of overall bearishness in the crypto market.

The chart below showcases the bullish pattern for the token. Despite facing criticism, or FUD, in the crypto community, market analysts are highlighting the token’s relatively stable market capitalization, which stands at around $30 million.

Proponents of the token argue that this stability positions VRA for a potential breakout, comparing it to Bitcoin’s early struggle. After its initial launch, BTC took several years to hit $1,000. It’s important to note that while the chart highlights the bullish pattern for the token, it should not be taken as financial advice.

According to Verasity supporters, several factors position the token for a potential breakout. These include:

* A large portion of the VRA token supply has already been burned, leaving a limited circulating supply.

* The project’s focus on esports and Web3 gaming, which are rapidly growing industries.

* Verasity’s partnerships with major esports organizations and gaming platforms.

Recently, Verasity announced a partnership with ESL Gaming to integrate Proof of View into ESL Mobile Open tournaments. This collaboration aims to enhance esports viewership experiences and combat stream fraud.

Moreover, Verasity's esports engagement platform, VeraEsports, will be used to engage viewers and reward them for watching tournaments

ESL Gaming is a leading esports company that organizes and hosts some of the world's largest esports competitions, including ESL Pro League, DreamHack Masters, and ESL One.

ESL Mobile Open is a mobile esports tournament series organized by ESL Gaming, featuring popular titles like Brawl Stars, Clash of Clans, and PUBG Mobile. The tournaments are open to all players and offer cash prizes and in-game rewards.

ESL Gaming's tournaments typically attract millions of viewers worldwide, and the integration of Proof of View technology is expected to provide valuable insights into esports viewership and engagement.

With ESL Gaming mobile tournaments now live, viewers can earn VRA tokens for watching streams, participating in polls, and completing other interactive tasks on VeraEsports.

This collaboration marks a significant step in merging esports, Web3, and Proof of View technology to enhance the viewing experience and reward fans for their engagement.

VRA on the Rise: Burned Tokens and Bullish Signals

VRA is Looking Strong once again! The past is behind us. The facts are:

There are only 9.93B tokens left.

They burned 1B of the 90B Pov tokens.

Finally, those incredible upward spikes could be making a comeback!

Others chose to see from a broader perspective. They went ahead to claim that VRA will benefit from Bitcoin stabilizing and the crypto market picking up steam after a drawdown.

“Verasity looks all set for a massive breakout! If BTC keeps climbing, altcoins are likely to follow, and Verasity could be a major player in the Web3 space.”, wrote one user. The analyst’s short-term targets for the token are $0.010 and $0.015.

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