Price Analysis

VeChain Price Analysis: VET Bounces Back After A Slow Trend

eToro
  • VeChain invests in research and gets noticed by authorities
  • VeChain’s VET may rise up again to cross the $0.0088 value in June

VeChain coin has been making news once again now on its newly accepted research paper released in collaboration with Dartmouth College group.  This may increase the visibility of the coin amongst young crypto enthusiasts who are also planning to launch something of their own in the same field. VeChain is seen as an unconventional cryptocurrency always thinking ahead of time and making strategic alliances to get noticed and increase the popularity of VET token worldwide. The current market scenario may be little slow, but it soon can revive back to a bullish trend bringing huge gains for the coin.

VeChain Price Statistics:

As on June 05, 2019, at 08:24:12 UTC, the price movement of the VET coin is as shown in the below graph. In the past 24 hours, VET token peaked as high as $0.0076 and now again trading at $0.0073. There is no drastic upward or downward movement, but the coin may gain pace in the upcoming days.

VeChain Price Chart - 5 June

Particulars Statistics
VeChain Price (USD) 0.0074
VeChain Price (BTC) 0.00000098
Market Capitalization 419,327,477
24h volume 22,519,941
Circulating Supply 55,454,734,800 VET
Return on Investment -50.94%

VeChain coin has shown a downward trend of over 15.9% in the last 25 days when the price of VET token peaked to $0.088 value. The lowest price was recorded at $0.0069 in the last 24 hours, and it opened today on a high note. The closing price can be at or above $0.0076 once again.

VeChain Price Prediction:

VeChain coin can cross the $0.009 mark by the end of 2019. The combined effort of partnerships, upgrades, and steady coin movement can result in an upward trend in the second half of the year.

Conclusion:

VeChain investment can secure your money for the long term as the coin has a huge return value, and the future is secure with it.

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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