VeChain news is gradually becoming as popular as Bitcoin news on cryptocurrency news sites. VeChain has been one of the most underrated tokens in the space before now. If you have been paying attention to our VeChain Thor price prediction, you’d know that the The VET coin price has been increasing steadily since the VeChain token swap. True, it has met some bearish pressure in the market, however, it has outperformed many other low market cap coins. Now, a recent VeChain Thor price prediction on CryptoNewz suggests that the VET coin will soon become better than Bitcoin. How so? This is what the VeChain news today is about.
VeChain News Today – VeChain Thor Price Prediction – VET Coin Primed To Be Better Than Bitcoin
First of all, the writer made reference to the fact that the VET coin and the VeChain blockchain have real-world use cases. Even before the VeChain mainnet launch and token swap, the blockchain was created to be a blockchain solution for the settlement system of traditional supply chain sector. Using advanced IoT integration and robust governance, the VeChain blockchain allows users to keep track of things related to price and payment settlements within the supply chain management sector.
VeChain (VET) Price Today – VET / USD
In our VeChain Thor price prediction last time, we talked about how the price of the VET coin had been in the $0.0037 and $0.0045 range in 2018 and in the beginning of 2019. However, during the recent Bitcoin bull run, the VET Coin spiked significantly. Since the 8th of March, VeChain Thor price has surged higher by 65.04% according to the analyst. The market capitalization of the token has also increased by 65.03%. At the time of writing, the VeChain Thor price was $0.007062. This means that it is down by 6.26% against the USD and down by 4.69% against the BTC. The trading volume over a 24 hour period is $15,325,418 and the market capitalization is $391,629,242. Meanwhile, Bitcoin was trading at $5,202.43. This shows that it is down by 1.43% against the USD with a market capitalization of $91,748,363,158 and a trading volume of $16,144,984,211.
Cryptocurrency News – Bitcoin News – VeChain News – How Will VeChain Overthrow Bitcoin?
The VeChain blockchain has been able to reach more adoption than many other tokens since after the VeChain token swap. The VET coin has grown by 80% since the Bitcoin bull run started. The next VeChain Thor price prediction places the price of the VET coin at $0.0085 before the end of this week and $0.0100 before the end of April. By the end of this quarter, the coin is expected to grow by 150% according to the analyst.
Bitcoin (BTC) Price Today – BTC / USD
Since the VET coin is still far away from BTC per price and market capitalization, the writer isn’t suggesting that the price of the VET coin will suddenly become higher than Bitcoin. Rather, he is suggesting that since the growth percentage of the VET coin may eventually become higher than the growth percentage of Bitcoin. If you’re a short-term VET coin trader, you should consider waiting for at least one week for the VET coin price to increase more before cashing out your profits. Long-term traders should sit back and enjoy the ride to the moon.
What do you think about the VeChain Thor price prediction in the VeChain news today? Can the growth percentage of the VET coin become higher than the growth percentage of Bitcoin? Share your thoughts in the comment section.