Price Analysis

VeChain Price Analysis: VeChain Again Goes Offbeat In Its Search For Global Alliances

  • VeChain partners with the French winery P. Ferraud & Fils to trace wine using blockchain
  • VeChain’s unconventional methods may lead to VET going on a bearish run

VeChain (VET) is explorative, radical, and limitless. The firm has gone all out in search of alliances, which can engage the customers and develop a deep connection with them. The latest alliance with a French winery proves that the firm is leaving no stone unturned in igniting blockchain revolution worldwide and blending in with the local customers of places across the world to create mass adoption of VET seamlessly. The current market performance may be slow at the moment, but in a blink of an eye, it will change abruptly.

VeChain Price Statistics:

VET token has shown an uptrend of over 7% in the last 5 days when the coin value reached as high as $0.0078. As on June 14, 2019, at 18:44:18 UTC, VET price is trading at $0.00721875 and moving downwards. In the last 24 hours, the highest price was recorded at $0.007740, and lowest dropped to $0.007127, and a similar pattern was observed almost throughout the week.

VET/USD 5 Day Chart By TradingView

vechain price chart - 15 June 2019
VET/USD 5 Day Chart
  • Vechain Price is currently trading at $0.00721875
  • The market cap of the VeChain coin is now $399,448,425
  • The 24 h volume is $28,500,134
  • The ROI of the coin stands at -52.11%
  • The circulating supply has reached 55,454,734,800 VET

VET has been in the same pattern and crawling its way up after a few days of dipping prices. The investors seek bigger leaps from the token as the ROI keeps falling.

VeChain Price Prediction & Conclusion:

VeChain price will not go up by end of this year. VeChain price can reach $0.00772 upside and $0.00712 downside in next 14 days. The VeChain price from 0.00719 USD to 0.000467 USD, there will be drop with change of -93.48% by end of 2019.

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Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

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