Price Analysis

VeChain Price Analysis: VeChain Seems To Have Found An Abode Within $0.0080 Boundary

  • VeChain continues moving sideways with no significant surge
  • VET token has to bring back its mojo to keep the investors hooked

VeChain (VET) has almost hit a standstill mode as the coin refuses to move up consistently. Its future is a lot dependent on the current perception amongst investors, and since quite some time VET token has been moving sideways. However, it is anticipated that the coin will take considerable leaps by the end of this month as a result of the latest listings and alliances promoting mass adoption of the VET token. As far as the current market statistics are concerned, it continues to repeat itself every day with nothing new to report.

VeChain Price Statistics:

As on June 13, 2019, at 06:25:07 UTC, VET coin is trading at $0.0075 and moving upwards. Yesterday it recorded the high at $0.0077, and it was the same even 24 hours ago. In the last one month, VeChain coin has mostly shown a sideways trend moving between $0.0065 and $0.0090. Although there have been a few high moments when the coin value reaches $0.0088.

VeChain Price Chart - 13 June

  • VeChain is currently trading at $0.0075 and 0.00000093 BTC
  • The market cap of the coin has reached $418,665,091
  • The 24 h volume stands at $18,063,268
  • The ROI of the coin is now -49.56%
  • The circulating supply is 55,454,734,800 VET

In the last 30 days, VeChain has shown a downtrend of over 14% and is not showing any significant surge or dips in price since the last few days.

VeChain Price Prediction:

VET token may pick up momentum over the weekend to cross $0.0080 mark, and in the next few weeks, it may trade above this value for a prolonged time. VET may reach up to $0.01 by the end of the year.

Conclusion:

Invest in VET coin only for long term gains in the next 5 years or so as the coin value will surely fetch returns and didvidends to the investors in the said time frame.

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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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