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Price Analysis

VeChain (VET) Price Analysis: Cheers To VET’s Partnership With Zeux; Will It Be A Big Boost?

VeChain (VET) has been able to keep up with an ascending trajectory despite the fluctuations in the crypto market sphere. Its effective partnerships one after another are helping it to fulfill its aim. It is basically a blockchain enabled platform that is specifically designed for dignifying supply chain management. It uses DLT and tamper-proof technology for determining the authenticity and quality of the products that are brought.

Current status of VET:

  • Current market value: 0.006276 USD
  • Current market cap: 348,015,076 USD
  • Market rank: 26
  • Circulating supply: 55,454,734,800 VET

Price analysis of VET:

VeChain

The above chart shows the following information-

  • Present trading value: 0.006261 USD/ 0.00000103 BTC (UTC time 04:35)
  • 24h volume: 11,258,298 USD

The same chart also makes it evident that approx. 1 month earlier, VET had a trading value of 0.006609 USD with a market cap of 366,487,474 USD. So, within this approx. 1 month, the value of VET has been decreased by -5.26%.

Future price predictions of VET:

VET is in the news on all the time for its amazing and incredible partnerships that are strengthening its foundation. The latest news about its partnership is its collaboration with Zeux. This swirled the VET to a very great extent as it reached a “mass adoption” effect. VET had not faced this kind of exposure before for now after it had partnered with ZEUX, over 190 million users of Apple Pay and Samsung Pay can use VET for doing transactions. VET holders can also pay for services and goods in the store of Apple Pay and Samsung Pay. From 13th May 2019, this function will be activated, and Zeux had already confirmed the same. Majority crypto analysts think that VET will take a major turn this year and it will be unputdownable. With so many great and effective partnerships, we firmly believe that VET can be around $0.50 by the end of this year and if the market condition improves, that can be an added advantage to this crypto.

Conclusion:

VET is amazing crypto due to its potential, strategic partnerships and ability to impress customers constantly. It is worth investing in it.

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David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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