Price Analysis

VeChain Price Analysis: VeChain Records 16% Uptrend In The Week; Continues Upward Surge

  • VeChain’s Accelerator programme may lead to an exponential surge in VET prices
  • VeChain may defy all odds to become the currency of the year

VeChain has recently introduced an Accelerator programme to ensure full support to the projects running on the VeChain Thor Blockchain network. This move may increase in the community of users to work on the platform and build their solutions. VET has already been showing a growth trend since the past few weeks, and this will add the desired momentum in further pushing the coin value to shoot up. The current market performance promises tremendous future success.

VeChain Price Statistics:

The price of VET coin is recorded at $0.0076 as on June 8, 2019, at 07:30:00 UTC. The coin has shown a mixed movement throughout the week with a few jumps and considerable dips as well. At the beginning of the week, VeChain was trading at around $0.0065 as on June 3, and it jumped to reach $0.0076 now toward the end, which shows an uptrend of over 16%.

VeChain Price Chart - 8 June

  • Currently, the price of VET coin is recorded as $0.0076 and 0.00000097 BTC
  • The market cap has now reached $426,610,569
  • The 24 h volume is now $17,044,962
  • The ROI of the coin stands at -49.28%
  • The circulating supply is now 55,454,734,800 VET

There has been a good upward surge in the past 5 days and VET continues to grow with each passing week recording a progressive movement.

VeChain Price Prediction:

VET coin may cross the $0.009 mark in the next 3 months and may close the year for $0.01. In the next two years, VET prices will range between $ 5 and $50.

Conclusion:

It is a good time to invest in a coin with a bright future and trading at lower prices. VET has a long way to go, and today’s investments will prove to be highly beneficial in the future.

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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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