Price Analysis

VeChain Price Analysis: VeChain (VET) Decides To Show Up To The Party Of Surging Prices

  • VeChain’s alliance with Walmart China brings back the missing momentum in VET prices
  • VET token may rise as high as $0.010 soon

VeChain has finally decided to join the wagon of surging values, and the coin is now trading at $0.0098 within a day. This shows an explicit growth trend from the coin and establishes its presence strongly in the coin market once again. Additionally, the latest announcement of VeChain’s alliance with Walmart China further adds fire to this momentum and can surge the prices more. The current market performance indicates that VET may cross $0.01 soon.

VeChain Price Statistics:

In the last one month, VeChain has mostly shown sluggish trends trading within $0.0080 but the coin picked up speed today and rose as high as $0.010 and still rising upwards. There has been an uptrend of over 16% in the last 30 days rising from $0.0084 to its current value of $0.0098 as on June 25, 2019, at 09:41:01 UTC.

VET price chart - 25 June
VET price chart
  • The price of VET token is noted at $0.0098 and 0.00000087 BTC
  • The 24 h volume of the coin is now $214,423,402
  • The market cap of the coin is $547,369,694
  • The ROI now stands at -35.95%
  • The circulating supply of the coin has reached 55,454,734,800 VET

The highest recorded value of VET token yesterday was $0.0072, but the coin reached $0.010 in the last 24 hours, and this shows that the value of VET is moving upwards and can become unstoppable any time now.

VeChain Price Prediction:

VeChain has surprised the market with its sudden upward surge, and now expectations of the coin crossing its all-time high of $0.019 are again restored. In the next few months, the coin may rise as high as $0.015 and set a new record high by the end of the year.

Conclusion:

This is a good time to invest in VeChain as the new alliances are only going to result in a price surge, and hence, long-term investments now can result in huge returns.

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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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