VET Price Move Higher After A Bear Market And Hit $0.50 By The End Of 2019

While the VeChain partnerships haven’t caused a significant surge in the VET price, they have helped to support it and allow it to maintain an upward trajectory amid a bear market. One reason why VeChain has attracted many partners is that the blockchain is the first of its kind. The VeChain blockchain offers a tamper-proof method of tracking products as they move through the supply chain. With its decentralized ledger technology, the entire history of a product is publicly accessible making it easy for counterfeit items to be sniffed out.

Keep in mind that the VeChain blockchain isn’t only efficient in the supply chain management sector but also in the financial sector as we can see from the latest VeChain partnership with Zeux. With this new partnership, which directly involves the use of the VET coin, VeChain may have the environment it needs to reach mass adoption. Two of the largest mobile tech producers in the world, Apple and Samsung, have made the sunshine on VeChain.

With this VeChain partnership with Zeux, Apple Pay and Samsung Pay have about 190 million users cumulatively. Now Zeux has allowed the integration of VET to these applications. People will be allowed to pay for products and services in stores that use Apple Pay and Samsung Pay using the VET coin. This service is set to be activated in a few days on the 13th of May. This is going to give the VeChain Thor price prediction a major boost.

VeChain Thor Price Prediction – Current VET Coin Price

VeChain (VET) Price Today – VET / USD

Name Price24H (%)
VeChain (VET)
$0.007212
-4.39%

Before the end of the year, the price has the potential to move as high as $0.50 according to the VET Thor price prediction on CryptoNewz. While the writer did not give any technical backing to support the VET price prediction, there is still a lot of fundamental backing for the VET price. All we can do is wait and see it is going to happen.

VeChain Thor Price Analysis

VeChain Foundation is one of the best in the space when it comes to sealing strategic partnerships. Most times, the VeChain news you read are about VeChain partnerships. Within the first few months of this year alone, the VeChain Foundation has already sealed many partnerships and many more are on the way. It is important to note that even if the VeChain Foundation has entered many partnerships, the VeChain VET price has not moved higher significantly during this period. According to a VeChain Thor price prediction on CryptoNewz, however, the partnerships will soon reflect on the VET price and it would move as high as $0.02 before the end of the year.

Towards the end of the last year on September 04, 2018, VeChain coin had reached its all-time high of 0.019 USD. VET price has shown fluctuations since then and it was trading at around 0.0039 USD at the onset of 2019. The value of the coin showed an upward trend until Mid April and reached its peak value and has been dipped marginally since then. However, in the meantime, VeChain partnered with the makers of Game of Thrones, an HBO series with over tremendous viewership across the globe. This has placed it back in the game. Additionally, VeChain has partnered with the fintech giant, Zeux and now VET will be accepted as a payment option on Apple Pay & Samsung Pay. All this contributes to a positive trend in the VeChain cryptocurrency. The price of the coin can reach as high as USD 0.02 by the end of 2019 and can cross USD 10 by 2020.

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