VeChain Price Analysis: VeChain (VET) Announced Accelerator Program That Might Change The Entire Game
After the launch of VeChain Mainnet and the swapping of VeChain Token, users are sticking around with the latest updates of VeChain on an everyday basis. It is in fact said that such kind of blockchain project is going to take this industry into an industrial revolution.
VeChain Accelerator Program was recently announced by the Foundation which is going to change the entire ballgame for the blockchain and will boost the trading value as well, as per the VeChain News.
Let’s see if we can see such changes in the price as on 15th June 2019
VeChain Price Statistics on 15th June 2019:
At 06:23, UTC time, the value of VET is trading at $0.007386. The remaining essentials are as follows:
|Return of Investment||-50.53%|
|Circulating Supply||55,454,734,800 VET|
|Total Supply||86,712,634,466 VET|
|Market Cap||412,600,854 USD|
|24 Hour Volume||33,596,249 USD|
VeChain Price Comparison:
Yesterday, traders might have suffered a crunch as VeChain Price was trading at the lowest when compared with the market statistics of the past 5 days. It was trading at $0.00700657. However, the value has been increased by 5.4%.
The highest in the said time frame was realized on 10th June at $0.00784404. The value currently has dropped by 5.8% since then. This means that the value right now is surging in the equilibrium zone between the highest and lowest.
VeChain Price Prediction and Conclusion:
VeChain coin seems to be neither in a complete bullish nor bearish trend. We might have to wait patiently to see in which direction the trade continues. For now, traders might want to consider the resistance support between $0.00792 and $0.00678 respectively. The weekend has already begun, so let’s gaze if it can cross the boundaries at $0.0080.
Predicting the price by the end of 2019, VET might reach up to $0.01.
For traders who are planning to invest recently, they might want to consider a long-term investment in VET as it serves better numbers and profits in long-term portfolio sustainability.