Our VeChain news since the beginning of last year has been bullish. All the VeChain partnerships that were reported on smarttest.wpmudev.host finally paid off as the price of the VET coin has been bullish for a while now. This isn’t a surprise as VeChain partnerships are key to massive adoption which, in turn, promotes prices. The VeChain Thor price prediction also got a boost after the VeChain news about the successful token swap. Let’s not forget that the general sentiment in the market during the first quarter of 2019 was positive. Now, the latest VeChain Thor price prediction on CryptoNewz suggests that the price of VeChain is primed for more gains. If things continue like this, the VET coin may claim a spot in the top 10 list on CoinMarketCap.
VeChain News – VeChain Thor Price Prediction 2019 – VeChain Price Forecast – Will The VET Coin Enter The Top 10?
One of the reasons why the VeChain news and VeChain Thor price prediction is always bullish is that the VeChain blockchain is currently the only one that was designed specifically for payment settlement in the supply chain management sector. The governance structure for VeChain is not like that of Bitcoin and other blockchains. It uses a complex economic model mixed combined with the integration of IoT. The supply chain management sector across the globe has already started exploring the benefits of the VeChain blockchain. It improves trust and transparency within the supply chain.
While the current ROI for the VeChain VET coin on CoinMarketCap is negative, the mid and long-term VeChain Thor price prediction is bullish. In the beginning of the year, the price of VeChain was $0.003. In March, it went as high as $0.005. During the Bitcoin bull run in April, the price of the VET coin went as high as $0.0078 but it started correcting lower as the market correction started. At the time of writing the price of VeChain (VET) was $0.006845. This means that it is down by 2.63% against the USD and down by 1.19% against the price of BTC. VeChain has been able to hold the support at $0.65 for some time now. The resistance levels are at $0.78 and $0.80.
VeChain third Price Prediction – VeChain News Today – VeChain Future Forecast
Considering the fact that VeChain rose by 26.87% last month, it’s safe to say that the growth in the next few months may take it all the way to the top ten. Within the last 90 days, the price of the VET coin is up by 100%. The growth rate of VeChain has even been predicted to overtake the growth rate of the flagship cryptocurrency, Bitcoin. The VeChain Thor price prediction of $0.01 to $0.02 by the end of the second half of the year and 2019 consecutively may be enough to take the VET coin to the top ten. If you’re considering selling off your tokens, it may be a good idea to hold off on that.
VeChain (VET) Price Today – VET / USD
What do you think about the VeChain Thor price prediction in the VeChain news today? Will VeChain enter the top ten list by the end of the second quarter of the year? Share your thoughts in the comment section.
Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.