VeChain Price Up By 21.09% Against The USD But It Needs To Break Significant Resistance Levels To Keep Surging Higher

VeChain has been making headlines with new partnerships from different parts of the world. The VeChain partnerships have not just helped boost the adoption of the VeChain blockchain but has also helped boost the VET price. The VeChain blockchain, which was created to make the traditional supply chain more efficient using blockchain technology, has been doing exactly what it was created to do. This is why the list of VeChain partnerships is ever growing. VeChain news on news outlets is mainly about VeChain partnerships, VeChain Thor price prediction or VET price prediction. Today, we would be talking about the VET price and how: How it did last week, how it’s doing today, and what the future holds.

VeChain News – VeChain Thor Price Prediction VET Price Surges By 21.09% On April 2nd

Per the VeChain price analysis on CryptoNewz, VET price, on the 2nd of April, traded higher by 21.09%. This was when the Bitcoin bull run was at its peak and the movement was incredible. At the time of writing, the VET price was $0.007530 per CoinMarketcap.com. This shows that it is up by 1.40% against the USD and up by 0.98% against BTC. It is recovering slowly after being affected by the market-wide pullback that dragged the price of cryptocurrencies lower against the USD following the BTC bull run.

The VET market capitalization is $417,572,662. This is rather impressive considering the fact that the market capitalization for VET was 215 million in beginning of the year. On the third of April, the market capitalization for VET reached 435,813,070. Even if the price is currently green against the USD, there are still major hurdles that need to be crossed.

VeChain News VET Price Prediction: What The Future Holds For VeChain (VET)

VeChain is a solid blockchain. The project has many tested real world use cases. However, the VeChain blockchain isn’t the same as the VET token. So, the fact that the blockchain has many use cases and the VeChain foundation has been able to seal many partnerships doesn’t automatically mean the price of VeChain will rise significantly.

VeChain (VET) Price Today – VET / USD

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However, exposure to the VeChain blockchain can create more awareness about the VET token. This will eventually lead to massive adoption and serve as support for the VET price. If you are looking for an affordable token that would bring you profit eventually, consider adding the VET token to your portfolio. When the VET price spikes, you can sell your tokens and make a profit.

What do you think about the VET news today? Is the VeChain Thor price analysis positive? Will the VET price spike? Kindly share your thoughts in the comment section.

Ufuoma Ogono is a cryptocurrency writer with over 3 years experience in the cryptocurrency industry. She dedicates her time to sharing valuable information to members of the cryptocurrency community.

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