IS VECHAIN STILL A GOOD BUY?! VeChain News 2021. VET Price Prediction 2022
00:00 – What is VeChain
02:23 – VET Price Live Data
02:56 – Highlights of the year
04:30 – VET Price Prediction
05:13 – My thoughts
One of the most popular cryptocurrencies many investors haven’t heard of, is vechain..early November vet had quietly worked its way to be among the 25 biggest cryptocurrencies. However, since hitting its all-time high in April of this year, VET has lost approximately 65% of its value.
However, VeChain is unique in that this network provides utility that other networks simply don’t. Due to this real-world utility.
VET is a token that should be a part of any well diversified crypto portfolio..
In the last decade, blockchain technology has proven to be a remarkably capable tool with applications in practically every industry, you can think of.
But actually taking advantage of its b enefits can be a challenging and expensive task for businesses, due to the costs of developing and running blockchain-powered applications.
VeChain aims to lower barriers to entry and allow established businesses to digitize their operations, creating value and solving real-world economic problems using VeChain’s comprehensive array of smart contract-powered off-the-shelf solutions.
What Is VeChain (VET)?
VeChain is an enterprise-grade blockchain platform built to support both private and mass-market decentralized applications (DApps).
VeChain is designed to help businesses boost efficiency in their
supply chain and leverage the unique properties of the VeChainThor blockchain to build and use applications that otherwise benefit their business operations. It is primarily concerned with providing solutions that enable businesses to connect their real-world operations with blockchain-based services and has been applied to an impressive range of use cases, ranging from medical to energy, carbon, logistics, FMCG, gaming, and NFT ecosystems, and more.
The live VET price today is $0.102. The current CoinMarketCap ranking is #31 with a live market cap. more than $ 6.56 billion. Trading at 63.4% below its all time high which was recorded on Apr 17, 2021.
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Source : https://www.youtube.com/watch?v=l9_fbB4_K18