VeChain (VET) Price Up By 16% But Still Can’t Stay Above $0.0080, When Will VET Cross $0.0100? Is VeChain Dead?

VeChain News Today – VeChain has no doubt been one of the hottest projects in the cryptocurrency space this year. The hype surrounding the token isn’t just based on speculations but on proven use cases. From VeChain partnerships, to VeChain developer tools, the VeChain Foundation is dedicated to making VeChain the leading blockchain in the new era which would be driven by blockchain technology, and other emerging tech. In our previous VeChain news, we talked about how the price of the VET coin was stalling despite the positive developments on the VeChain blockchain and the bullish VeChain Thor price prediction. 

VeChain Thor Price Prediction – VeChain News Today – When Will VeChain Test $0.0100?

No doubt, VeChain has a lot of partnerships and programs under its sleeve. The VeChain Foundation has been able to convince many big enterprises to build solutions on the VeChainThor blockchain. Apart from these partnerships, the VeChain Foundation has also launched several programs to make it easier for people to use the blockchain. A while ago, the foundation announced the release of the VeChain accelerator program which is meant to fund developers as they build on the VeChainThor blockchain. Let’s not forget that during the VeChain summit, the foundation also announced the release of the VeChain ToolChain. This VeChain ToolChain is meant to make building of VeChainThor easy for every developer who doesn’t have advanced knowledge of the blockchain.

When the VeChain Foundation announced the launch of the VeChain accelerator program, the price of VeChain VET spiked significantly against the USD per our VeChain news at the time. This is because this program encouraged more users to build on the VeChain platform. This would increase awareness and boost price eventually. Since then, the price of VeChain VET has increased but it hasn’t come anywhere near the $0.0100 level. In fact, when compared to other cryptocurrencies in the space, VeChain VET is doing poorly.

VeChain (VET) Price Today – VET / USD

Name Price
bitcoin
Bitcoin
$10,067.16-3.41%
vechain
VeChain
$0.00496.04%

Notwithstanding, there is still a high chance of a mega price recovery in the future. Over the last seven days, the VET coin is up by 16%. While the ROI is still on the negative side, the long-term VeChain Thor price prediction is still bullish. It has the potential to rise as high as $50 eventually.

VeChain Thor Price Prediction – VeChain News Today – VET Latest Update – VET Price Forecast – Current Price Of VeChain VET

At the time of writing, the price of VeChain VET was $0.007297. This means that it is up by 0.46% against the USD and up by 1.43% against BTC. The trading volume over a 24 hour period is $22,919,439 and the market capitalization is $404,655,170. Even if the price of VET hasn’t been able to cross the $0.0100 level yet, it is important to note that it was as low as $0.0065 just seven days ago. There is a high chance that it will still record gains within the next few trading sessions. As for when the price of the VET token will hit $0.0100, it’s difficult to determine. The entire market is enjoying bullish momentum now and if it continues, VET will keep moving upward near-term.

What do you think about the VeChain Thor price prediction in our VeChain news today. Share your thoughts in the comment section below.

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.

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