Price Analysis

VeChain (VET) Price Analysis: VeChain Dons Its Victory Armor Once Again, Reports An Upward Trend

  • Investors say, All hearts to VeChain as the currency doesn’t stop exceeding expectations
  • VeChain has inked strategic partnerships leading to growth, mainstream adoption and price surge

It’s a time for celebration for the VeChain cryptocurrency holders as the coin is moving beyond expectations and has been on a continuous upward trend. In a very short span of time from its launch in 2015, VeChain has taken giant leaps to establish a firm position in the market. Its partnership with the makers of Game of Thrones caused the much-needed spur, and now its alliance with Haier paves the way to yet another bullish trend. This blockchain based cryptocurrency enabling the real-world application of the technology in the supply chain process has upped its ante and now for the larger good. The market data is in full support.

Current Statistics:

VeChain Price Chart

  • VeChain is placed at the 25th position in the top 100 cryptocurrencies list
  • The ROI of VeChain coin stands at -49.91%
  • As on May 18, 2019, at 09:49:08 UTC, the market cap of the coin is USD 421,264,932
  • The price of VET stands at USD 0.0075 & 0.00000104 BTC
  • The 24 h volume has been 21, 221,316 USD
  • The circulating supply of the coin is now 55,454,734,800 VET, and the total supply is almost 86,712,634,466 VET

Comparison:

VeChain (VET) has shown an upward trend of over 4% in the past 30 days. The price peaked to 0.0088 USD and dipped to 0.0057 USD in the last one month as well as in the last 7 days. As on April 19, 2019, at 09:34:05 UTC, the market cap of the coin was 403,268,604 USD. The price of each VET coin was 0.0072 USD, and 0.00000139 BTC and 24 h volume was $16,629,927 BTC. The first resistance level of the coin can be expected at 0.0080 USD in the next few days.

VeChain Price Prediction until 2020:

VeChain reached its all-time high in September 2018 at USD 0.019. The coin has been showing a constant upward movement since the onset of 2019 and has been steeply soaring higher in the last few days. VeChain has immense potential to set new records in 2019. VET’s price can cross USD 0.09 by the end of 2019 and can grow as high as USD 10 in the next 2 years.

Conclusion:

Buy VET coins in bulk and wait as the investments pay huge returns in the future. VET is reliable, secure, and futuristic and one of the best investments of today.

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Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.
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