VeChain (VET) Will Hit $0.02 By The End Of 2019, When Is The Best Time To Buy VeChain (VET)?

According to the latest VeChain news on blockchainreporter, Norway’s Renji Hospital has been signed into the Digital Carbon Ecosystem Initiative that is being hosted on the VeChain blockchain. You’ll recall that last year, VeChain launched this initiative in collaboration with DNV GL. The hospital accounts for at least 2.1 million emergency cases yearly making it a great vehicle for driving adoption for VeChain. On Twitter, the VeChain Foundation posted;

“Announcing the Official Addition of the Historic Renji Hospital into the Digital Carbon Ecosystem and Norway in a Box Set to Go Live on Bright Code”

VeChain Thor Partnerships With Zeux, BMW and McDonald

Let us not forget that VeChain announced a partnership with Zeux about a week before this latest announcement. The collaboration with Zeux is going to expose the VET token to more than 190 million users of Samsung Pay and Apple Pay.

VeChain is also in a partnership with BMW among others. The blockchain, which was created specifically for the supply chain management sector ($50 trillion valuation), is gaining recognition around the world. There is even a VeChain MacDonald collaboration that allows McDonald’s deliver food for VeChain staff. While this isn’t a partnership, simply being associated with MacDonald is a big deal for VeChain.

VeChain Thor Price Prediction

VeChain (VET) Price Today – VET / USD

Name Price24H (%)
VeChain (VET)

Within the last 30 days, the VET coin price has dropped from as high as $0.0075 to the $0.0057 level but it has been able to bounce back thanks to the recent Bitcoin bull run. At the time of writing, the VET price was $0.007148.

According to a VeChain Thor price prediction on CryptoNewz, the price of VeChain may move as high as $0.02 before the end of this year. The VeChain Thor price prediction for 2020 places the price of VeChain as high as $10 if developments continue and the market sentiment remains positive. Fundamentally, VeChain has what it takes to move this high. The only challenge it might face is another cryptocurrency winter.

VeChain News Today – VeChain Thor Price Analysis

VeChain has made headlines a lot in recent time because of the amazing partnerships that the VeChain Foundation has been able to seal within the last few months. In fact, signing up multinational institutions to join the VeChain blockchain or integrate the technology didn’t start this year.

The VeChain Foundation has been making waves in this department since last year. These VeChain partnerships, the Bitcoin bull run and the positive sentiment of altcoins have all supported the VET price over the last few months and made the VeChain Thor price prediction bullish beyond this year.

The incorporation of the VET did indeed boost the price up a little bit, but it wasn’t a game changer. Most of the coin’s growth can be attributed to the Bitcoin price bandwaggon, which every crypto is tied to right now. But much like everybody else, VET also suffered significant losses last night and is on a trajectory to recover all of it.

According to the latest VeChain price analysis on cryptopolitan; the next resistance level will definitely be at $0.009 and $0.01. However, if the coin is able to surpass the $0.01 price point which is a major milestone in the eyes of the investors, it will have a clear path towards achieving the predicted $0.05 price point by the end of 2019. In the short term, however, the price is sure to struggle a little bit. Tomorrow it is expected that the coin will hover between $0.009 and $0.008 positions. Should the $0.009 be broken, a major bull rush is to be expected.

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Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.