What is VeChain (VET)?VeChain is a blockchain enabled platform that is designed to enhance supply chain management processes. By utilizing tamper-proof and distributed ledger technology (DLT), VeChain provides retailers and consumers with the ability to determine the authenticity and quality of products that are bought. From product source materials to servicing history, and spare part replacements, every single piece of information about the supply chain movement of a product can be recorded and verified to bring about a supply chain management ecosystem that is secure for all participants.
Market prediction for VeChain priceCryptocurrencies are volatile and complicated, and there are many factors that can contribute to the growth or decline of their price. Keeping this in mind, there are still many crypto enthusiasts out there who spoke their mind out about what they think about VET’s price forecast. Let’s check out some of those:
#1 Wallet InvestorWalletinvestor is a popular website that does technical analysis-based price predictions of various cryptocurrencies. According to them, VeChain is expected to go down to $0.000001 in one year. This price prediction is very bearish pessimistic and it might not fall that much.
#2 Trading BeastsTrading Beasts also gave a very neutral prediction saying that by 2019 end, VeChain might be in between $0.01 to $0.02, which is a wide range, so this prediction is given neutrally, without a showcase of any optimism.
#3 Mega Crypto PriceMega Crypto price predicts that VeChain might reach $0.258 by the end of 2021 and $0.612 by the end of 2023. (VeChain Forecast)
#4 SmartereumSmartereum is a site that regularly publishes cryptocurrency predictions. They believe that the price of VeChain could go up as high as $75 by the end of 2023.
#5 CryptogroundCryptoground predicts that VeChain might reach $2.58 by the end of 2019. They even added their version of VeChain (VET) price prediction 2020, where they stated that VET might reach $4.10 by 2020.
Read here the deailed prediction of market:
https://coinswitch.co/news/vechain-price-prediction-2019-vet-price-to-touch-0-20-usd-by-2019-latest-vechain-news-updateShare your thoughts as well...thanks
