Fundamentials:1- Vechain is a coin now and succesfull lauch mainnet (it was a token on etherum beafore)
2- VET coin will now generate TOR (just like NEO i generating GAS)
3- It is possible now to launch ICO on VET
4- Soon you will be able to become node
5- 1 VEN is 100 VET
It is admittedly different coin now with much more possibilities and perspectives.
Price action:All of those already happend at the beggining of july and pumped price heavily. Price in 3 weeks was dumped by 60% and is now at the bottom (in my opinion). RSI is at 16 on daily chart.
Price is heavily oversold now, volume also appeared makes VEN top 10 traded coins in last few days and VEN is preapering for short term rebounce (10-30% alt/btc price in next 2-3 days)
Binance pump?Binance (one of the biggest exchange) promised to support VEN swap to VET. And soonly will anounce on their twitter that they finished mainet swap (some exchanges already finished swap so it is quite not possible to fail). This sould makes investors eyes turn on VET and realise that it is oversold as f... and jump into it.
Whole market is also at bounce so it is good moment to invest in alts too.
Proof?
10th of july binance anounced TRX and ICX mainnet swap to be completed. What happend with price?
10% pump in next few hours (and we were in bear market than) and price didnt come back to price beafore anouncment since today.
Take a look at it and make your own decission. I just bought today 1/3 of money i would like to invest in it. Rest i would spread in next 2 days to sell just after binance pump.
