VeChain (VET) Price Will Hit $9 If Two or More Bitcoin Bull Runs Occur

Many analysts have offered VeChain Thor price predictions. Some say it will hit $75, others say it will hit $10. However, considering the current growth rate of VeChain VET, it would not be a surprise if it moves as high as $1 by the end of the year. According to the U°Today VeChain Thor price prediction, the price of VeChain VET will hit $9 if two or more sustainable Bitcoin bull runs occur. According to the Smartereum, the analyst also made it clear that the token has what it takes to move higher than this level and this should not be seen as a limit. At the same time, he advised traders to proceed with caution because of the ties between VeChain and the Chinese government.

During the cryptocurrency winter, the price of the VET coin fell significantly against the USD just like the price of Bitcoin and other cryptocurrencies in the market. Investors lost millions of dollars in the industry at the time. Since the beginning of this year, the entire cryptocurrency market, including VeChain, has been recovering. Analysts have officially declared that the cryptocurrency winter is over. The price of VeChain is up within the month and within the last seven days

There are thousands of cryptocurrencies in the space and many of them have similar use cases. VeChain is one of the few exceptional blockchains because it is the first of its kind. VeChain is the first cryptocurrency to be produced specifically for supply chain management. In our previous VeChain price prediction, we noted that the price of VeChain VET would rise as the blockchain becomes more popular and it would eventually become one of the top ten blockchains in the world and be classified in the same league as Ethereum, the world’s foremost decentralised computer.

VeChain (VET) Analysis – VeChain Thor Price Prediction – VeChain News

VeChain has been getting a lot of attention these days. The VeChain blockchain has left the sidelines and has now become one of the most important cryptocurrencies in the space. VeChain news about partnerships and endorsements have influenced the VeChain Thor price prediction for this year and many years to come. The most recent of the VeChain partnerships that are still a hot topic in the cryptocurrency space is the partnership between VeChain and the producers of Game of Thrones in collaboration with Adidas and SBTG. This VeChain news, other VeChain partnerships and the general sentiment in the market have all contributed to making the VeChain Thor price prediction positive.

VeChain (VET) Price Today – VET / USD

Name Price24H (%)
VeChain (VET)
$0.004234
-6.61%

VeChain (VET) has seen many ups and downs since the start of the year 2019. It started the year with a price as low as 0.0039 USD. Right after crypto winter, the price was justified. But soon, with many variations, VeChain (VET) gained momentum. It faced an abrupt growth on 11th March and another on 1st April. But the growth after 1st April was not only short-lived but also full of uncertain movements. By comparing the current data with the previous month’s data, we can get a clearer picture. The market cap on 20th March was 311,316,467 USD. The value of each coin in terms of USD and BTC was 0.005614 USD and 0.00000139 BTC respectively. The current market cap is 27.22 % more than the market cap of last month, and the value in USD has increased by 27.21 % in the last 30 days.

As VeChain (VET) is now hovering around 0.007 USD level, we predict the coin to move in this order for a week before finding resistance at 0.0075 USD to 0.008 USD level. The resistance will have not much impact. After the resistance, the price is predicted to move. By the end of 2019, the price should be at 0.015 USD. Source: Cryptonewsz

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