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Price Analysis

VeChain Price Analysis: VeChain’s Never Settled Policy Will Take Its Investors To New Avenues

  • VeChain maintains a positive rhythm and continues trading upwards
  • VeChain to introduce new improvements in the platform and asks fans for suggestions

VeChain knows how to engage the customers by making them an integral part of every development in the network. The firm is always on toes by being cognizant of the current market trends and leveraging relevant opportunities to bring growth to the VET token. As a result, VeChain is moving upwards in the crypto charts, and with this rising market performance, it is now gaining popularity & acceptance worldwide.

VeChain Price Statistics:

In the last 25 days, VET coin has shown a considerable upward movement from trading at $0.0062 around May 16 to now trading at $0.0075 and moving upwards. The coin peaked as high as $0.0086 in between and kept rising up after every few dips. As on June 11, 2019, at 04:30:15 UTC, the following pattern was observed.

VeChain Price Chart - 11 June

  • VET coin is currently trading at $0.0075 and 0.00000096 BTC
  • The market cap of the coin has reached $422,097,840
  • The 24 h volume is recorded at $19,097,435
  • The circulating supply of the coin is now 55,454,734,800 VET
  • The ROI now stands at -49.36%

There has been an uptrend of over 20% in the last 25 days, and in the last 5 days, VET token moved within $0.0080.

VeChain Price Prediction:

VeChain has a futuristic business model which may drive the growth of VET token in the cryptocurrencies world. VET token can rise up to $0.01 by the end of 2019 only if it breaks the loop of $0.0080 which seems to be a possibility given the coin has reached so far from its initial value of $0.0039 at the onset of 2019.

Conclusion:

Long term investment in VET tokens is a good decision as the coin has just started its race and has a long way to go.

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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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