VeChain (VET) isn’t on the list of top five cryptocurrencies but is is a promising project. Thanks to many VeChain partnerships that the project has gotten in recent time, the VET cryptocurrency price and the VeChain price prediction have been bullish even before the start of the Bitcoin bull run that took place yesterday. The Bitcoin bull run took the price of Bitcoin and other cryptocurrencies higher against the USD. The daily trading volume for cryptocurrencies reached recent highs and the market capitalization increased significantly. Along with the rest of the market, the VET cryptocurrency price is still trading in green with no bears in sight according to the VeChain Thor price prediction on CryptoNewz.
VeChain News – VeChain Thor Price Prediction 2019 – VET Cryptocurrency Price Has No Bears In Sight
Since inception, the VeChain ecosystem has had one aim, to use blockchain technology in enhancing supply chain management in various sectors. The vision is clear and precise and the team behind the project has proven that it has prospects. VeChain partnerships from all over the world are all meant to bring VeChain closer to its ultimate goal. The native token of the VeChain blockchain is VET. Even if the token isn’t required in ever use case of the VeChain blockchain, VeChain partnerships still help increase awareness for the VET token.
Adoption is a catalyst that drives price. This is why the cryptocurrency analyst at CryptoNewz said that there are no bears in the future of VeChain. What this VeChain Thor price prediction means is that the VET token is here to stay. At the time of writing, VeChain was trading at $0.007182. This means that it is up by 4.04% against the USD and up by 0.01% against BTC. The 24-hour trading volume is $26,806,775 and the market capitalization is $398,288,019 per CoinMarketcap.com.
VeChain (VET) Price Today – VET / USD
Even if the gains at this time may seem small, it is important to note that the total market capitalization of VeChain is 54.97% higher than it was less than a month ago. VET cryptocurrency price is also up by more than 50% since the beginning of the year. This isn’t the end of the upward price action. The price of VeChain is primed for more gains long-term against the USD. The VeChain price analysis and VeChain Thor price prediction places the price somewhere between $0.008 and $0.009 short-term.
VeChain News: VeChain Cryptocurrency Price Prediction: VeChain Thor Price Prediction – What Others Are Saying
The expert on CryptoNewz isn’t the only one who believes in VeChain long-term or who has provided a positive VET cryptocurrency price prediction. Many others have agreed that there are no bears in sight as VeChain has what it takes to keep soaring higher against the USD. If the foundation continues to make progress and seal more VeChain partnerships, the only thing that can pull the price of VET down would be a sudden market-wide bear pressure. Right now, the bulls have control of the cryptocurrency market so bears aren’t coming back anytime soon.
What do you think about the VeChain Thor price prediction in today’s VeChain news? Will the price of VeChain continue to grow? Share your comments below.