Viberate, a decentralized music marketplace using VIB token, has experienced a significant market decline, with its price dropping over 21% as of September 2025.
The decline highlights continued challenges for 2017-era ICOs as market interest wanes, affecting investor confidence and broader cryptocurrency market dynamics.
VIB Token Plummets to $0.00055615
Viberate launched in 2017 as a decentralized music platform with a $12 million ICO. The VIB token, central to this ecosystem, is currently trading at $0.00055615, marking a substantial drop of -21.23%.
The Viberate ICO team, including Andrej Plankar, originally aimed to revolutionize music talent exchanges through Ethereum. “Our focus has been on building a strong platform for artists and fans,” said Tomislav Mučič, Co-Founder, Viberate. Since its inception, Viberate has struggled to maintain relevance amid changing market conditions.
VIB Market Cap Falls to $101,530
The recent price decline led to a market capitalization hovering around $101,530. Community sentiment is low, reflected in minimal trading volume and negligible liquidity. The VIB token faces uncertain times with no major backing.
There is little technological involvement with existing DeFi protocols. Historical data shows a once high value at $0.732219 in 2018. No strategic updates or significant partnerships have been announced recently.
2017 ICO Downturn Mirrors VIB’s Decline
Like many 2017 ICO projects, VIB experienced a brief success followed by long-term depreciation. Experts from Kanalcoin suggest maintaining caution as current market signals indicate stagnation. This aligns with historical trends for similar tokens lacking ongoing development and strategic partnerships.
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