Posts

Showing posts with the label vechain

Next Cryptocurrency to Explode, 2 December — Creditcoin, JasmyCoin, VeChain

Image
The global crypto market cap is down in the past 24 hours, but the overall market sentiment is positive. Cryptocurrency prices have fluctuated for a while, including Bitcoin (BTC). BTC still hasn’t touched 100K even though it went up to $98,453.70 earlier this month. Meanwhile, Ethereum (ETH) managed to stabilize above $3,500. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify coins with some potential and inform investors and traders about each token.  Next Cryptocurrency To Explode Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of Pepe Unchained, a new Pepe-themed meme coin launched on its Ethereum Layer 2 blockchain. Within minute...

Top Cryptocurrencies to Buy Now August 19 – Polygon, MultiversX, XRP

Image
Justin Sun, the founder of the Tron blockchain, recently suggested on the X platform that China might soon lift its ban on digital assets. This potential move follows Hong Kong’s footsteps, which has drawn various crypto firms due to its pro-crypto policies. Meanwhile, this news has sparked positive market sentiment, prompting investors to explore top cryptocurrencies to buy now . Top Cryptocurrencies to Buy Now Polygon is set to undergo a major update, with plans to rename its MATIC token to POL on September 4. In a related development, MultiversX has also proposed a significant update to its blockchain, known as the Spica network upgrade. Meanwhile, VeChain has introduced a new tool called “Create #VeChain dApp” on NPM, which is designed to simplify the development of decentralized applications (dApps). 1. Polygon (MATIC) Polygon is undergoing a significant update, aiming to rename its MATIC token to POL in a major development on September 4. This changeover will...

VeChain (VET) July 31, 2024 Price Prediction

Image
VeChain is currently hovering around the $0.028 mark on Tuesday and is down 3% in the day’s trade. VET is having a difficult year as its price has mostly gone downhill in the last seven months. Most investors who took an entry position in the cryptocurrency this quarter face losses. However, July 2024 was different for VeChain as it shot up 15% in the last 14 days. Investors who took an entry position early this month made decent returns. Also Read: Warren Buffett Dumps $1.5 Billion Worth Bank of America Shares Will VeChain continue its positive streak and deliver similar returns by the end of July 2024? In this article, we will highlight how high or low VET could trade in the charts by the end of the month. VeChain (VET) Price Prediction For July 31, 2024 Source: Unsplash Leading on-chain metrics and price prediction firm CoinCodex has painted a bearish picture for VeChain this month. According to the price prediction, VET could shed most of its gains and trade in red. The fore...

VeChain: Analyst Identifies Pattern That Could Push VET To $1

Image
VeChain (VET) seems to be gaining momentum after facing a 9.6% correction in the 14-day charts. The asset is up by 4.2% in the daily charts and 1.9% in the weekly. Moreover, VET’s price has surged by nearly 86% since March 2023. Source: CoinGecko Also Read: Should You Buy VeChain (VET) During the Ongoing Bull Run? However, with Bitcoin’s (BTC) halving just around the corner, we may witness another market-wide rally soon. VeChain (VET) predicted to hit $1 Source – Facts.net According to crypto analyst EGRAG CRYPTO, VET displays a cloning pattern, which could take the asset to $1.6. The analyst states, ‘ I’ve applied the cloning technique to a previous cycle’s blue arrow pattern, and the current price action suggests that VET may be gearing up for some exciting moves. ‘ Hitting $1.6 from current levels would translate to a growth of almost 3710%. #VET Triple Bottom: Cloning Pattern ($1.6) I've applied the cloning techn...

VeChain: VET To Reclaim Its All-Time High of $0.28 in 2024?

Image
VeChain reached an all-time high of $0.281 in April 2021 during the peak of the bull run. However, VET dwindled in price thereafter as the markets entered the bearish territory in 2022 and up until 2024. The supply chain-based cryptocurrency is on a relentless dip showing no signs of recovery since 30 months in a stretch. The development is testing the patience of investors as VeChain is delivering losses with little to no gains. Also Read: Shiba Inu: Will BONK Be the Next SHIB? Now that the cryptocurrency market is gaining bullish momentum due to the Bitcoin ETF speculations, can VeChain reclaim its all-time high of $0.28 this year in 2024 after the SEC approves the BTC ETF? In this article, we will highlight the possibility that VET can breach its ATH of $0.28 in 2024. VeChain: Will VET Breach Its All-Time High of $0.28 in 2024? Source: Unsplash Leading on-chain metrics and price prediction firm CoinCodex has painted a bearish picture for VET in 2024 and beyond. Accordi...

VeChain (VET) Price Prediction: Early December 2023

Image
VeChain (VET) has displayed decent performance in 2023. Since January, the token’s price has spiked by around 37.5%. Moreover, VET has surged 3.6% in the daily charts and 7.9% over the previous week. Additionally, the altcoin is up by 3.2% in the 14-day charts and 13.6% since the last month. Source: CoinGecko Although VeChain VET’s price dipped in mid-November, it has regained traction in the last few days., prompting updated price predictions The November dip was likely due to the US CPI (Consumer Price Index) data. Most crypto projects, such as Bitcoin (BTC), Ethereum (ETH), etc., saw prices fall after November’s CPI data release. Also Read: VeChain : What Is a Weekly $100 Investment Since Launch Worth? VeChain (VET) price prediction for early December Source: Zipmex The machine learning algorithm at PricePredictions projects a bearish outlook for VET in December. As per the platform, VET could fall to $0.02068 by Dec. 6, 2023, a drop of around 4.3% fr...

VeChain: What Is a Weekly $100 Investment Since Launch Worth?

Image
VeChain (VET), although launched in 2015, began trading in 2017. Upon launch on 22 Aug. 2017, VET was trading for about $0.24. However, this price level did not hold, as it soon fell to around $0.024 in mid-2018. It was only in 2021 that VET climbed back and beyond its 2017 price levels, reaching an all-time high of $0.28 on April 19. Since launch, if you made a $100 investment weekly into VeChain , what would it be worth now? If you made a $100 investment in VeChain (VET) weekly from 2018 until now, you would have put in $26,400, but the amount back would be worth more. The value of the portfolio would be $39,837.66, representing a growth of about 50% and a value increase of $13,437.66. Also Read: VeChain : Can VET Reach $1 by 2025? Source: CryptoDCA Furthermore, if you had invested $100 every week from 2018 till VET’s all-time high on April 19, 2021, you would have put in $13,300.00. However, the value would have been a whopping $495,537.34. This would have resulted...

VeChain: September 2023 Price Prediction for VET

Image
VeChain is currently trading at $0.015 levels and is moving backward in the indices this month. VET is among the least-performing cryptocurrencies in 2023, as the digital asset is relentlessly shedding its value. It doubled in price in Q1, rising from a low of $0.015 to reaching a high of $0.032. However, it is now back to its early 2023 levels, as VET experienced more downturns than rallies in the last five months. Also Read: Shiba Inu: SHIB Price Prediction for September 2023 Source: Coingecko So, will VET shed its baggage and reach greener pastures in the next month? In this article, we will highlight how high VeChain may perform in September 2023. VeChain: VET Price Prediction September 2023 Source: Twitter Leading on-chain metrics and price prediction firm CoinCodex has painted a bearish picture for VeChain for September. Though VET could remain in the green next month at its current price, the margin is too slim to initiate a sell-off. According to the forecast, VE...