Can VeChain (VET) Price Spike to $1 During This Bull Run?

2024-12-21 03:00

Lee the Captain, a cryptocurrency content creator, shares his analysis of VeChain’s potential during the current bull market cycle. He discusses why VET could emerge as a dominant narrative, comparing its potential trajectory to successful projects like BNB, Solana, and Ethereum.

VeChain’s core focus on supply chain management positions it uniquely in the blockchain space. Lee suggests that supply chain solutions could become the next major trend, following the paths of NFTs, DeFi, gaming projects, meme coins, and AI tokens.

The project boasts an impressive roster of partnerships, including PricewaterhouseCoopers, Walmart China, BMW, H&M, Louis Vuitton, and Hennessy. Notable government adoption includes collaboration with Cyprus, demonstrating VeChain’s versatility across various sectors

Since 2018, the VeChainThor blockchain has maintained uninterrupted operation, contrasting with other major networks that have experienced downtime. This reliability, combined with its environmental sustainability, makes it particularly attractive to enterprise clients.

Read Also: How Much Could 10,000 Cardano (ADA) Tokens Be Worth by 2030?

Lee examines the dual-token system, where VET serves as the primary value token while VTHO handles gas fees. He emphasizes VET’s potential as the main investment vehicle within the ecosystem.

The proposed $1 target would place VeChain at an $80 billion market cap, comparable to previous achievements of tokens like Dogecoin and BNB. Lee anticipates significant growth potential heading into 2025, suggesting that supply chain management could become a major blockchain narrative.

Lee advocates for a patient, long-term investment strategy through dollar-cost averaging. He plans to maintain his VET position through 2025, viewing it as a superior store of value compared to fiat currency.

Despite the ambitious price target, Lee maintains conviction in VeChain’s fundamental value proposition. He suggests that even a $0.50 price point would represent significant success, emphasizing the project’s strong foundational elements and real-world utility.

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The post Can VeChain (VET) Price Spike to $1 During This Bull Run? appeared first on CaptainAltcoin.

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VeChain (VEN) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.0408791
Капитализация $0 Rank 99999
Доступно / Всего 0 VEN

potential vet vechain dominant narrative comparing emerge

Источник: captainaltcoin.com

potential vet → Результатов: 26


Top Analysts Agree VeChain (VET) Price Rally Is Ready to Continue: Here’s the Next Target

Leading crypto analyst World of Charts has identified a technical setup for VeChain, spotting a bullish pennant formation that suggests upside potential. The analyst notes that VET has successfully broken out of this continuation pattern, typically seen after strong rallies, and projects a potential 50% move higher from current levels to around $0.

2024-12-18 23:30


Фото:

VeChain (VET) could partner with the Chinese government to expand blockchain

Officials include the leaders from Huangpu, Changning, and Shanghai districts. According to the company, they were planning to discuss potential transformative partnerships The Chinese government has been very vocal about its dislike for cryptocurrency trading and mining lately, but the country’s love for Blockchain technology is obvious.

2021-6-8 15:53


VeChain Price Analysis VET / USD: Mediocre Recovery

VeChain is testing its 200-period moving on the four-hour time frame for the first time this month The VET / USD pair has so far failed to turn bullish over the short-term The daily time frame shows the formation of a potential double-bottom pattern VeChain is starting to attempt a short-term upside recovery after enduring […] The post VeChain Price Analysis VET / USD: Mediocre Recovery appeared first on Crypto Briefing.

2019-9-18 16:15


Vechain (VET) – Siam bank recognizes Vechain’s potential in proof-of-authenticity

It’s a well-known fact in crypto circles that Vechain is quite strong in product quality assurance. However, it’s a different ball-game altogether when a major institution recognizes it. Recently, Siam bank, the largest bank in Thailand, ran an article touching on blockchain and its uses in different industries. One of the blockchains that they recognized […]

2019-5-20 12:56


VeChain Will Be Hard To Stop When PwC, Deloitte, BMW, And China’s Financial Insurance Giant Are Involved – A Sleeping Giant?

VeChain (VET) is arguably one of the hottest projects in crypto right now in terms of partnerships and potential… The post VeChain Will Be Hard To Stop When PwC, Deloitte, BMW, And China’s Financial Insurance Giant Are Involved – A Sleeping Giant? appeared first on Invest In Blockchain.

2019-5-8 07:15


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