VeChain price may have experienced a little bullish surge during the cryptocurrency bull run these past few weeks but it still underperformed. There have been several VeChain partnerships announced since the beginning of the year. Coupled with the cryptocurrency market bull run, the price of VeChain VET was expected to surge significantly this year. Per our previous VeChain news, traders became worried when the VET coin price was struggling to gain momentum above the $0.0057 level. The VeChain Thor price prediction was still bullish but the short-term trend was bearish. According to the latest VeChain Thor price analysis, the price of VeChain has gained momentum confirming that the bull run to $1 is inevitable.
VeChain News Today – VeChain Thor Price Prediction – VeChain Price Forecast – VeChain Gathers Momentum
While there are many blockchains in the world, few have real world use cases that can disrupt the world like VeChain. The VeChain blockchain is gradually becoming the gold standard for the supply chain industry. This industry, which is worth $50 trillion is going to start depending on blockchain technology soon and VeChain is going to be the first blockchain in its reach. Apart from the supply chain management sector, the VeChain blockchain is also useful for ensuring trust in any other industry. As we stated in our VeChain news yesterday, Siam Bank, one of the oldest banks in Thailand, recognized the efficiency of VeChain for quality assurance in the fashion industry.
VeChain (VET) Price Today – VET / USD
Over the last few weeks, VeChain VET has been able to gather enough momentum to move from a low of $0.0057 to above the $0.0080 level. Even if it has lost the support at $0.0080, there is still hope that it will reclaim this support again. The price of VET is relatively low now but the VeChain blockchain and the cryptocurrency itself have strong potential to reach mass adoption. When this happens, the price of VeChain will not just hit $1 but surpass it. So, if you want to benefit from the bull run when it finally occurs, you can start accumulating VET tokens now.
VeChain News Today – VeChain Thor Price Prediction – VeChain VET Current Price
At the time of writing, the price of VeChain was $0.007903 this means that it is up by 2.16% against the USD and up by 1.69% against the price of BTC. The trading volume over a 24 hour period is $22,330,753 and the market capitalization is $438,285,354. Traders who want to make short-term profits should wait for the next price correction before buying. Those who want to make profit long-term should keep buying each time a price correction occurs and hold until when the price of VET hits $1 per our previous VeChain Thor price prediction. Another thing you can do it hold until 2020 and beyond. The future of VeChain is bright. This fact cannot be disputed. So, there is a high chance for you to make a lot of profit from your VET investment.
What do you think about the VeChain Thor price prediction in our VeChain news today? Share your thoughts in about the VET price in the comment section.