What happened to VeChain? Why is the underdog cryptocurrency now in the spotlight? Well, the answer is obvious. VeChain has entered into the spotlight because the VeChain blockchain provides a solution to real-world problems that many other blockchains are still struggling to solve.
VeChain is the first blockchain that was created to serve the ever-growing needs of the traditional supply chain management sector. Over the years, VeChain has delivered. The VeChain Foundation is also good at sealing partnerships. Almost every month, a new name is added to the list of VeChain partnerships. Companies that would have used the Ethereum blockchain are using VeChain instead because they have seen that the VeChain blockchain is more efficient than Ethereum. These partnerships have supported the bullish VeChainThor price prediction and helped bring it to the spotlight.
VeChain Thor Price Prediction – VET Coin Price
The VET token has been doing well since the beginning of the year. While the last 30 days have been a mixture of bullish and bearish trends, it has maintained an uptrend overall. Within a 30-day period, the VET price is up by 4%. After moving as high as $0.0088 last week, the price of VET fell as low as $0.0057 during the market correction. It formed resistance at the $0.00800 level and after breaking this resistance, it paved a way for a more significant surge against the USD.
VeChain (VET) Price Today – VET / USD
According to the VeChain price prediction on CryptoNewsz, the VET price is going to move as high as $0.0900 bear term. Before the end of the year, VET may test $1. In the next two years, the price of VeChain will be as high as $10.
The best time to buy VeChain VET tokens is during market corrections when the price moves lower and wait to take your profits at the peak of each bull run just before the market correction kicks in. Long-term traders can hold for a year or more before claiming their profits. Source: Smartereum
VeChain Thor Price Analysis – VeChain News Today
The bloody correction that was reported in our VeChain news yesterday has finally come to an end. The price of VET is now in green on CoinMarketCap as Bitcoin surged back above the $8000 level carrying every other top cryptocurrency along. Well, we already established that the bull run isn’t over yet. So, the price action of Bitcoin, VeChain and other cryptocurrencies should not come as a surprise. The VeChain Thor price prediction is bullish this year and beyond as we already established in our previous VeChain news.
The existing corporate partnerships that the company enjoys gives it’s crypto token VET a distinct advantage over many early stage tokens. It has tied up with payment company Zeux and that would enable the VET token to be used as payment on widely used services like Apple Pay and Samsung Pay. Such real partnerships can certainly go a long way in making VET token a potentially popular cryptocurrency.
It is a scalable technology and can be deployed strategically by businesses of all sizes. In such a situation, it goes without saying that the VET token has the potential to be used universally and adopted at a mass level. If that happens, then the price of the token could be significantly higher. Source: economicgazette