VeChain aka VET is one of the less popular cryptos founded in 2015. It was launched in 2016 and slowly began to pave its way to the market. In this article, we will try to make a correct VeChain Price Prediction. We will also tell you everything you need to know about this coin.
Unlike other decentralized coins, this one uses the internet of things (IoT). It aims to solve the hard things related to SCM (Supply Chain Management). It uses its own VeChainThor to manage all the activities. the coin has created two tokens to help smooth all the activities. The one is VET and the other one is VTHO.
VeChain Price Prediction
Not more than a year ago the coin was trading at $0.006947 USD. And no one would have thought that in a year it will increase up to $0.2782 USD. When the coin reached the price of $0.27 people thought that it will touch the price of $1 at the end of 2021. But then something happened that no one hoped for. The Crypto market crashed and the price of every coin went down more than half. The same goes with VeChain. It came down at $0.76 USD on the 24th of May 2021. But recently after that, it started to go up and as of now, the coin is trending at $0.1294 USD.
So when we talk about VeChain Price Prediction we will get to know that apart from an unexplained crypto crash nothing could stop it from going up. But then again no one knows what will happen in the future. when we hear some experts commenting on the coin we will get to know that they think the coin will touch the $1 price mark at the end of 2022.
How much potential does the coin have
As of now the total market cap of the coin is $8,329,953,944 USD. And of now the coin has a total circulation of 64.32B VET in the market. However, the maximum supply of the coin is 86.712B VET. After looking at all these numbers we can say that future is looking promising for this coin. And no doubt it will be going to defeat some major coins in the market. The coin’s co-founder Sunny Lu says that the coin will give high profit to people who will hold it for a long time. Tell us in the comment section what you will think of VeChain Price Prediction.
Read More: When will Elongate coin reach $1? Can ElonGate reach $10 at the end of 2025?
Stay Tuned With Global Coverage for More updates.