Price Analysis

VeChain Price Analysis: VeChain-Walmart Deal May Boost VET’s Future Exponentially

  • VeChain climbs up the coin ladder by joining hands with Walmart China
  • VET token starts trading above $0.0090 as soon as the news breaks the internet

VeChain spent a few last weeks in sluggish trends or may be planning a comeback with a bang. The firm has recently signed a deal with Walmart China to track food items, and the strategic move has already shown results in the price of VET token rising steeply since yesterday. VET token holders have finally got a reason to start observing the movement of the coin rather closely now and keep tracking its performance in the next few weeks as it is going to get bigger than ever.

VeChain Price Statistics:

As on June 06:47:41 UTC, the price of VET token is noted at $0.0093, and it is observed to be moving upwards. The day started with the same price, and there have been a few minor surges but mostly a steady movement at the same value. VET has recorded a downtrend of over 14% dipping from $0.0109 to its current value within a day, but the steep surge of the coin from $0.0070 to $0.10 was noteworthy.

VET Price Chart - 26 June
VET Price Chart
  • The price of VET token is noted at $0.0093 and 0.00000077 BTC
  • The market cap of the coin is now $518,507,102
  • The 24 h volume has been $266,595,829
  • The ROI of the coin stands at -36.19%
  • The circulating supply of VET has been 55,454,734,800 VET

VET seems to be gearing up for another surge soon, and it may cross $0.010 value this time to trade between $0.011 and $0.015 for a longer duration. The day may end on a better note.

VeChain Price Prediction:

VET’s new partnership will bear the fruits of success for the token and result in mass adoption and acceptance. The progress will also affect the price of the coin positively, and it may surge higher in the coming months to trade above $0.015 soon and hold on to it for longer days. By the end of the year, VET may cross its all-time high value of $0.019 and trade at a value to set a new high record.

Conclusion:

This is the best time to invest in a growing currency like VET, which has a lot of potentials and ensures a highly profitable future for the currency holders.

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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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