VeChain Price Prediction: Must Read Before Chasing the Pump
Our VeChain price prediction suggests that the VET price could hit $0.037 and $0.042 level in by the end of this month.
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Our VeChain price prediction suggests that the VET price could hit $0.037 and $0.042 level in by the end of this month.
VeChain is one of those cryptos that was emphasized in 2021, This post is all about VeChain price prediction.
After a week of consistent drops, Cardano emerged as the highest loser of the lot, closely followed by Ripple, while VeChain kept its rally intact.
VeChain (VET) is in the process of breaking out from a long-term descending wedge. The wave count suggests a bottom has been reached.
Our VeChain price prediction suggests that the coin has the potential to pump by another 10%-15%, meeting our price target of $0.033.
While VeChain and Cardano joined the market trend to rise by 8% and 3% today, Ripple and Tron could be seen keeping to themselves.
VeCarbon, a vendor of carbon accounting management services, has entered into a partnership with Amazon Web Services (AWS).
Tron, along with a few other altcoins, did not move by much today except for VeChain, which continued rising despite the bearish trend.
The VeChain Foundation recently revealed a partnership with Amazon Web Services (AWS) to support their VeCarbon platform. The product will enable companies to obtain information on their carbon footprint to properly manage it and remain compliant with emissions targets.
VeChain and Amazon have signed a partnership geared toward blockchain-based carbon management services.
Cardano, along with the other altcoins of the group, closed in red today as the entire crypto market fell to $1.04 Trillion.
2022 has been a difficult year so far in the world of cryptocurrency, with assets trading relatively low and platforms getting absorbed into the ether of irrelevance. Tron (TRX) and VeChain (VET) have had great runs in the years since their creation; however, they have been struggling to not sink to their previous all-time lows while the shiny Degrain (DGRN) token is gaining more popularity.
Despite other altcoins of the lot improving today, Cardano kept itself restricted to sideways movement marking no growth.
Tron was among the better performing coins today as the broader market noted bullishness, increasing the market cap by $20 billion.
VeChain is among the cryptocurrency projects that recorded increased interest after the platform's native token VET surged significantly over the
As the total market cap fell to $937 billion today, every cryptocurrency ended up taking the hit, with Ripple losing as much as 9%.
As the broader market cues remained bearish today as well, every altcoin noted a downtrend, including the likes of Cardano.
Blockchain solution service provider, VeChain, recently partnered with the UFC in a bid to advance the adoption of blockchain.
The world is adopting the blockchain technology at an accelerating pace. The adoption of the tech comes to solve real world issues and problems. VeChain is one such blockchain, which aims to solve the persistent challenges in the world. With its expertise in supply chain management, the tech has garnered the interests of the masses.
The crypto market mainly remained unchanged today as the altcoins' rally took a break due to the rising selling pressure.
The futures of digital finance and investments have experienced a transformation since the advent of cryptocurrencies. Starting out as a replacement for fiat currencies and a means of remittance. Despite this breakthrough, viability remained a huge challenge.
VeChain price popped on Monday morning as cryptocurrency and stock prices jumped. The VET token rose to a high of $0.0238
The crypto space appears to be preparing for a bearish weekend as most of the assets are on the verge to experience a significant drop. The Bitcoin price is currently swinging around $20,500 and the global crypto market capitalization also has witnessed a slight growth that may keep up a bullish momentum alive.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer's opinion. VeChain [VET] faced stiff selling pressure in recent months.