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 05/12/2022:
The VeChain blockchain project has a cash flow that reaches $1.2 billion at the end of the first quarter of 2022. This was announced by the Foundation at the head of the project in the financial report for the period recently published.
We also learn that it is a decline compared to the treasure of 1.37 billion dollars available to the platform at the beginning of January. A decrease which is explained by the fluctuations in the cryptocurrency market and other expenses of the VeChain Foundation “. Expenditure level precisely, only 4 million were disbursed by the Foundation during the first three months of the year.
Some market analysts see the VET grow by 40% by the end of the month. If the recent agreement with Alchemy Pay could increase the number of users, it is still an overly optimistic assumption given the current bearish context in the crypto market.
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
68% of retail investor accounts lose money when trading CFDs with this provider. On the same subject : Total Energies share Opinion: should you buy TTE shares at the current price? Analysis, prediction & weekly news. You have to ask yourself if you can afford to take the high risk of losing your money.
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.
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.
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.
Useful resources for investing in VeChain (VET)
68% of retail investor accounts lose money when trading CFDs with this provider. You should ask yourself if you can afford to take the high risk of losing your money. eToro users in France cannot open positions to buy real crypto assets, all orders are opened as CFDs.