VeChain Foundation is one of the best in the space when it comes to sealing strategic partnerships. Most times, the VeChain news you read are about VeChain partnerships. Within the first few months of this year alone, the VeChain Foundation has already sealed many partnerships and many more are on the way. It is important to note that even if the VeChain Foundation has entered many partnerships, the VeChain VET price has not moved higher significantly during this period. According to a VeChain Thor price prediction on CryptoNewz, however, the partnerships will soon reflect on the VET price and it would move as high as $0.50 before the end of the year.
VeChain News Today – VeChain Thor Price Prediction – VET Price Battles Amid Market Fluctuations
While the VeChain partnerships haven’t caused a significant surge in the VET price, they have helped to support it and allow it maintain an upward trajectory amid a bear market. One reason why VeChain has attracted many partners is that the blockchain is the first of its kind. The VeChain blockchain offers a tamper proof method of tracking products as they move through the supply chain. With its decentralized ledger technology, the entire history of a product is publicly accessible making it easy for counterfeit items to be sniffed out.
VeChain (VET) Price Today – VET / USD
Keep in mind that the VeChain blockchain isn’t only efficient in the supply chain management sector but also in the financial sector as we can see from the latest VeChain partnership with Zeux. With this new partnership, which directly involves the use of the VET coin, VeChain may have the environment it needs to reach mass adoption. Two of largest mobile tech producers in the world, Apple and Samsung, have made the sun shine on VeChain. With this VeChain partnership with Zeux, Apple Pay and Samsung Pay have about 190 million users cumulatively. Now Zeux has allowed the integration of VET to these applications. People will be allowed to pay for products and services in stores that use Apple Pay and Samsung Pay using the VET coin. This service is set to be activated in a few days on the 13th of May. This is going to give the VeChain Thor price prediction a major boost.
VeChain News Today – VeChain Thor Price Prediction – VeChain Thor Price Forecast – Current VET Price
At the time of writing, the price of VeChain was $0.006284. It is up by 1.07% against the USD and down by 1.78% against the price of BTC. The trading volume over a 24 hour period is $11,410,662 and the market capitalization is $348,471,685. Before the end of the year, the price has the potential to move as high as $0.50 according to the VET Thor price prediction on CryptoNewz. While the writer did not give any technical backing to support the VET price prediction, there is still a lot of fundamental backing for the VET price. All we can do is wait and see it is going to happen.
What do you think about the VeChain Thor price prediction in our VeChain news today? Share your thoughts about the VeChain partnerships and VET price in the comment section.