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Price Analysis

VeChain Price Analysis: VeChain To Find A Stable Ground Through Global Partnerships

  • VeChain (VET) keeps shuffling between $0.0070 and $0.0080
  • VeChain may come up with another strong partnership to maximize VET usage

VeChain may have got a little slow and struggling to maintain a consistent trend for VET token, but the firm has strong plans to promote the coin in new markets. The future holds a lot for VET coin holders, and although it may not be crystal clear at the moment seeing the progress of the coin in the last few months, it is very much assured that VET will survive the market fluctuations very well. The performance of the coin currently looks decent and positive.

VeChain Price Statistics:

The price of VET coin started the day trading at $0.0077 and then dipped to $0.0074 as on June 12, 2019, at 06:15:20 UTC. Throughout past one month, it has been a topsy turvy ride for VeChain’s VET with a few high moments reaching $0.0089 and then a few low ones dropping to almost $0.0068. But, the coin has moved between the range of $0.0070 and $0.0080 mostly.

VeChain Price Chart - 12 June

  • The price of VET coin is trading at $0.0074 and 0.00000095 BTC
  • The market cap of the coin is now $415,149,018
  • The 24 h volume is now $16,506,691
  • The ROI of the coin stands at -50.22%
  • The circulating supply of the coin is noted at 55,454,734,800 VET

VET has shown an uptrend of over 5% in the last 25 days and may rise again over $0.0080 by the end of this week. The coin, however, has to maintain now a steady and long term trend at one position for the investors to overcome the volatility fear.

VeChain Price Prediction:

While VET token finds its ground to hold on to the coin value may show some more progress and reach up to $0.01 by the end of the year. The concern, however, for the investors will be majorly on how long it can stay there, and that is where the firm has to focus its efforts in the coming days.

Conclusion:

Although unsteady VeChain is a good bet in the current scenario for the coin has immense potential and a strong roadmap to secure 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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