VeChain brings solutions to logistics and supply chain, attracting the attention of companies in the transport, retail, warehousing, supermarkets, etc. sectors.
Course of VeChain (VET): what is the current price?
Here is the live price of VeChain.
Today’s news from VeChain as of 05/19/2022:
VeChain has published a few days ago its operational and financial balance sheet for the account of the first quarter. It shows that its treasury amassed during the period 1.2 billion dollars in cryptocurrencies (stablecoins, ETHBTC and VET), which nevertheless represents a small decrease from the sum of $ 1.38 billion in the last quarter of 2021.
The VeChain Foundation, which reports that its expenses were only $4.1 million over the three months, explained that its cash position is healthy and that the QoQ drop is due to the “market fluctuations and other outputs”.
While the price of VET is currently around $0.0293, it is still far from the target of $0.12 predicted by Coinquora. For Digital Coin Price, the native blockchain cryptocurrency VeChain is expected to rise to 0.095 by the end of the year.
Prediction of the price of VeChain medium term : the price of VeChain is at quite low and interesting levels for the purchase at a lower cost.
Prediction of the price of VeChain long-term : the fact that this cryptocurrency is fucking is a buying opportunity for long-term holding. VET is a cryptocurrency based on a serious project.
Some big partners of VeChain
- Renault group
- Walmart China
Our overall opinion on crypto (VET) for 2022
- VeChain Global Mirror Mag Rating: 9/10
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Opinion on the project VeChain
VeChain was one of the first cryptocurrency projects to bring concrete solutions to businesses and the platform continues to grow.
The price of VET/USD is quite stable and predictable.
Conclusion – Should You Invest in Crypto VeChain ? Where and how to buy it?
Conclusion of our review VeChain
VeChain is one of the most useful cryptocurrencies for businesses, no wonder it has dozens of partners.
To trade this cryptocurrency, the eToro broker is the most suitable. In addition to buying the tokens, this platform allows you to trade short-term crypto CFDs without having to hold the tokens.
- Step 1 : use the search bar of the eToro platform to find the cryptocurrency.
- 2nd step : then click on “Invest” to give the amount of cryptocurrency to buy and validate the transaction.
Read This article to find out how to buy cryptocurrency on eToro.
68% of retail investor accounts lose money when trading CFDs with this provider. You have to ask yourself if you can afford to take the high risk of losing your money.
Buy it VeChain to invest
To invest in this cryptocurrency by holding them in a wallet, go to the Binance platform.
- Step 1 : go to the “Buy cryptos” tab then choose the payment method of your choice.
- 2nd step : select the crypto to buy and proceed to secure payment. Then, the cryptocurrencies will be credited to the dedicated wallet.
Read This article to find out how to buy cryptocurrency on Binance.
Useful resources for investing in VeChain (VET)
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