Why I believe VTHO (VeThor Token) is about to explode!

[gemspotter]

Binance listing almost certain - If you hold VET on Binance you can earn VTHO, so it’s all there to be listed, and I am hearing it’s coming soon - deposits are enabled, could happen any day now.

Tiny marketcap with huge growth potential with real demand. Currently VTHO sits at approximately $12mil USD, that is more than a x8 to reach $100mil USD. Currently Neo’s GAS sits at around $27 mil with arguable no adoption. So we can basically double in marketcap to get to a gas that has no adoption, whereas VTHO has adoption and will keep growing.

Huge live partnerships - VeChain just signed a deal with Walmart (yes, Walmart) and they are currently live in China right now! They are only using 23 products so far and the VTHO burn rate is almost exceeding the daily generation rate. In fact there has been around 74 million VTHO burnt from when Walmart went online between June 16 to when it was announced in June 25… It is said that over 100 products will be live by the end of the year - this means that with just one of the many entities using the chain, more VTHO will be burnt than generated. Supply and demand says that this coin has to go up.

Only available on a small Chinese Exchange (Oceanex) - ya’ll remember Neo’s GAS coin? Well if you were in the know, you could buy Antcoins (before it was rebranded to GAS) for absolute pennies on a no name exchange. This is the exact same, the similarities between these coins are amazing!

Transaction volume on VeChain Thor’s blockchain is currently at a lul and that means now is the perfect time to buy before enterprises load up! It is proven that enterprises are currently buying huge amounts directly off the market on Oceanex! One entity bought some and it doubled the price of VTHO over only a couple of weeks!

You can purchase VTHO right now at OceanEx.pro (most liquidity)
Oceanex has 2btc withdraw limit for non KYC and will always allow USA ip addresses according to TOS.

Exchange link: https://OceanEx.pro
Coin market cap: https://coinmarketcap.com/currencies/vethor-token/
This post originated from: https://steemit.com/vtho/@gemcaller/why-vtho-vethor-token-is-about-to-explode

Comparison chart between NEO's GAS and VeChain's VTHO https://i.imgur.com/3LIuzfs.png

[o48o]

So you are basing this just on fundamentals? I agree that they are looking interesting, but why exploding would happen soon? Do you have any technical analysis for that exploding happening any time soon? Speculative price doesn't sync with the real value imho. And why wouldn't it be smarter to buy just VET?

[gemspotter]

So you are basing this just on fundamentals? I agree that they are looking interesting, but why exploding would happen soon? Do you have any technical analysis for that exploding happening any time soon? Speculative price doesn't sync with the real value imho. And why wouldn't it be smarter to buy just VET?

I have analyzed it further in the following Medium post. https://medium.com/@thethundering/analysis-on-why-i-believe-vtho-vethor-token-is-the-next-coin-to-explode-just-like-gas-and-ong-e3f82495270a

I'll be posting the excerpt here. I don't advocate buying VET over VTHO in this particular example because in the short term, you could buy ALOT MORE VTHO rather than holding VET and generating it as RoI. The rate for generating VTHO is only 0.000432 per VET, and we are seeing daily token burn and transactions at all time high. So, it  makes sense to buy VTHO. See below for further analysis.

I’ve always been a fan of ‘Gas’ coins. In 2017 I bought Neo’s Gas (Antcoins) instead of Neo itself. Why? Because I could buy a lot more cheap Antcoins than I could receive by buying Neo and earning GAS as a dividend. Sure enough, people caught on to this and it skyrocketed. Yes, I rode the ONT/ONG wave too, and now I present to you the next ‘Gas’ coin that will explode!.

The coin is called VTHO (VeThor Token) and it’s the ‘Gas’ coin of VET (VeChain). The similarities of these coins are insane:

Chinese coin on a small exchange ✔️ (OceanEx)

Tiny market cap ✔️ (I believe it’s only approx. $12 mil USD)

Rumors of imminent Binance listing ✔️ (currently if you hold VET on Binance you receive VTHO, so it can literally be listed any day to be traded)

Now like I said earlier, Gas actually went so parabolic that it made actually using Neo’s blockchain too expensive. Now what is interesting with VTHO is, that it is proven that enterprises (VET is an enterprise driven blockchain) are actually purchasing VTHO directly off the market!

The last time a single entity purchased VTHO straight off the market it made an x2 in price, I strongly believe more big buys are coming. See this post that I found when looking into this coin:
https://np.reddit.com/r/Vechain/comments/cbygng/another_big_vtho_user_spoted_and_he_is_burning/

So what does this tell you? This is not some coin that is going to pump and dump, this coin is actually going to pump and continue to have actual demand. Neo’s GAS pump couldn’t sustain and the main reason was lack of actual demand for the token. VTHO demand is shooting up and when that demand hits the market it’s going to hit the price in an explosive way!

Remember, enterprises need VTHO regardless of the cost. Enterprises such as Walmart, the Fortune 1 company, which are confirmed to be using VTHO. CNN has highlighted that Walmart is planning to invest another US$1.2 Billion into logistic efforts, which is built using the VTHO platform.

[o48o]

Hmm, i didn't realize that it was so relatively cheap. And i thought that they were burning vet instead of vtho. I need to get more info on this, but i still think that vet could have more speculative value for generating vtho when the price goes up for it.