Price Analysis

VeChain Price Analysis: VeChain (VET) Gives Investors A Week Of The Surge, Partnerships, And Celebrations

  • VeChain’s new partnerships and rising price attracts the investor’s attention

VeChain has given its traders and investors an amazing week of surge and partnerships. While the firm tapped into new market potential by partnering with Walmart China, the VET token has also moved past $0.01 value and stayed for a good duration. VeChain Thor blockchain is also celebrating its 1-year anniversary and continuously attracting new traders to invest in the coin. All in all, the week has been an excellent one for VET holders, and the current market performance looks justified.

VeChain Price Statistics:

As on June 29, 2019, at 08:36:09 UTC, VET is trading at $0.007955. In the last 5 days, VET rose as high as $0.01 from $0.0074, showing an uptrend of 42% before it started dropping again and reached $0.0077 by June 27th. The coin continues to trade below $0.0080 and has shown a downtrend of over 21% in the last 4 days, dropping from $0.01 to its current value.

VET Price Chart - 29 June
VET Price Chart
  • The price of VET token is noted at $0.0079 and 0.00000068 BTC
  • The Market Cap of the coin is now $442,613,642
  • The 24-hour volume is now $72,990,232
  • The circulating supply of the coin is now 55,454,734,800 VET
  • The ROI of the coin stands at -47.03%

VET closed trading yesterday at $0.0082 but started today on a low note. The coin may pick up the pace later in the day and again close it around $0.0082. VET has also slipped in the coin ladder to the 29th position again.

VeChain Price Prediction:

VET token has shown its potential time and again and the coin has to now move past $0.0099 and stay afloat for at least one week above this value to restore the trust among new investors and traders. The coin has been performing well and may cross $0.010 in the next few days. The coin may also cross its all-time high value of $0.019 by the end of the year.

Conclusion:

VET can yield good results in the long-term and hence, now is the right time for investments.

Tags

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.

Related Articles

Back to top button
Close