The VeChain Summit is currently one of the trending topics in the cryptocurrency space. While there have been a lot of good VeChain news, there were many more exciting announcements during the VeChain Summit that assured the VeChain community that the VeChain nodes are not going anywhere anytime soon. Even if the current price of VeChain is dip in red, the VeChain Thor price is still bullish against the USD mid and long-term. This is why a VeChain price analysis on CryptoNewz suggests the best time to buy VeChain for short and long traders.
VeChain Thor Price Predicting – VeChain News – VeChain Nodes – Exciting News During The VeChain Summit VeChain Summit
During the VeChain Summit on the 20th of April, Sunny Lu, the CEO of the VeChain Foundation announced the launch of a robust, all-inclusive blockchain applications for blockchain developers on the VeChain network. The application is called ToolChain. According to Lu’s announcement during the VeChain Summit, the ToolChain is meant to make blockchain easy and accessible for people who are not tech savvy. They can easily develop applications on the VeChain blockchain per the announcement during the VeChain Summit 2019. ToolChain has been under development for the past 3 years by a team of 60 well experienced developers. Now, it is ready for the end users.
Apart from building applications on the VeChain blockchain or accessing the VeChain nodes, the ToolChain also allows people to onboard their businesses on the blockchain within no time. While the VeChain blockchain has already made it easier for small businesses to get into blockchain, this tool makes the process even faster. It has an admin center where businesses can select tags depending on the use case that is most suitable to their business.
VeChain (VET) Price Today – VET / USD
Our previous VeChain Thor price prediction still stands. In fact, the latest VeChain news from the VeChain Summit gives everyone another reason to trust in the VeChain blockchain. This is just another move to show that VeChain would thrive during the next industrial revolution. The VeChain partnerships and other moves like these will strengthen the VeChain Thor price prediction this year and beyond.
VeChain News – VeChain Current Price – VeChain Thor Price Prediction – When Is The Best Time To Buy VeChain?
At the time of writing, VeChain was trading at $0.006738. This means that it is down by 2.53% against the USD and down by 1.81% against BTC. The trading volume over a 24 hour period is $12,525,768 and the market capitalization is $373,675,884. The analyst advised short traders to buy now and sell when the price hits $0.007500. However, long traders stand the chance of making up to 200% profit if they buy now and sell in the first quarter of the year 2020. The VeChain Thor price prediction 2020 is bullish. So, risk-on traders stand a chance to get significant returns of their investment.
What do you think about the VeChain Thor price prediction 2020, the announcement during the VeChain Summit and the VeChain news today? Kindly share your thoughts in the comment section below.