VeChainThor
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VeChain (VET) Moon Shot Still on Track? Analyst Says $2.3 Price Target Intact Despite Market Fluctuations
Hold onto your VET, because prominent crypto analyst EGRAG is doubling down on his bullish prediction. Despite recent market volatility, EGRAG maintains that VeChain's (VET) projected 4,737% surge to $2.3 remains very much alive.
So, what's fueling this optimism?
EGRAG points to several factors:
Emerging Bull Market: The analyst believes we're entering a new bull run, and VET, with its strong fundamentals and growing adoption, is poised to capitalize.
Solid Partnerships: VeChain boasts an impressive roster of real-world partners, including Walmart China, BMW, and DNV GL. These partnerships suggest continued growth and demand for VET.
Technological Advancements: VeChain's unique blockchain technology, designed specifically for enterprise use, offers scalability, security, and privacy, making it attractive to businesses.
But is a 4,737% increase realistic?
It's important to remember that any price prediction, especially such an ambitious one, comes with inherent risks. The crypto market is notoriously volatile, and unforeseen events can quickly derail even the most well-founded forecasts.
Here are some things to consider:
Overall market sentiment: A broader market downturn could impact VET's price, regardless of its individual potential.
Regulatory landscape: Changes in government regulations could hinder VeChain's adoption and growth.
Competition: Other blockchain projects are vying for the same market share, and they could pose a challenge.
Ultimately, the decision of whether or not to invest in VET is yours. It's crucial to do your own research, understand the risks involved, and never invest more than you can afford to lose.
What do you think? Will VeChain reach $2.3? Share your thoughts in the comments below!
Disclaimer: This information should not be interpreted as financial advice. Please consult with a qualified financial advisor before making any investment decisions.
#VeChain
#VeChainThor
#Write2Earn
#Remotecrypto
Hold onto your VET, because prominent crypto analyst EGRAG is doubling down on his bullish prediction. Despite recent market volatility, EGRAG maintains that VeChain's (VET) projected 4,737% surge to $2.3 remains very much alive.
So, what's fueling this optimism?
EGRAG points to several factors:
Emerging Bull Market: The analyst believes we're entering a new bull run, and VET, with its strong fundamentals and growing adoption, is poised to capitalize.
Solid Partnerships: VeChain boasts an impressive roster of real-world partners, including Walmart China, BMW, and DNV GL. These partnerships suggest continued growth and demand for VET.
Technological Advancements: VeChain's unique blockchain technology, designed specifically for enterprise use, offers scalability, security, and privacy, making it attractive to businesses.
But is a 4,737% increase realistic?
It's important to remember that any price prediction, especially such an ambitious one, comes with inherent risks. The crypto market is notoriously volatile, and unforeseen events can quickly derail even the most well-founded forecasts.
Here are some things to consider:
Overall market sentiment: A broader market downturn could impact VET's price, regardless of its individual potential.
Regulatory landscape: Changes in government regulations could hinder VeChain's adoption and growth.
Competition: Other blockchain projects are vying for the same market share, and they could pose a challenge.
Ultimately, the decision of whether or not to invest in VET is yours. It's crucial to do your own research, understand the risks involved, and never invest more than you can afford to lose.
What do you think? Will VeChain reach $2.3? Share your thoughts in the comments below!
Disclaimer: This information should not be interpreted as financial advice. Please consult with a qualified financial advisor before making any investment decisions.
#VeChain
#VeChainThor
#Write2Earn
#Remotecrypto
$VET PARTNERS WITH UFC! 👊 And Here Is The Reason! 👇🔥
VET and UFC just announced an epic partnership that concerns the tokenization of gloves worn by fighters. Basically the gloves will contain a NFC chip that track fight data and consequently prove authenticity through the VeChain blockchain! This feature will prevent fraud in the secondary market. In my opinion, that's a strategic move from VET because it will gain exposure to a wider audience; it will attract sports fans and thus new potential investors! In fact, UFC counts millions of followers, more precisely: 625 million fans and 155 million social media followers! That's an insane marketing opportunity!
But What Benefit Gets UFC From This Partnership? 🤔
Actually it is the revenue generated from collectible items with blockchain-backed authenticity. The tokenization of gloves will create new revenue streams for UFC Fighters and UFC company!
STAY TUNED! 💪
#VETUpdate #VeChainThor #VeChain #cryptogem #AltcoinGems
VET and UFC just announced an epic partnership that concerns the tokenization of gloves worn by fighters. Basically the gloves will contain a NFC chip that track fight data and consequently prove authenticity through the VeChain blockchain! This feature will prevent fraud in the secondary market. In my opinion, that's a strategic move from VET because it will gain exposure to a wider audience; it will attract sports fans and thus new potential investors! In fact, UFC counts millions of followers, more precisely: 625 million fans and 155 million social media followers! That's an insane marketing opportunity!
But What Benefit Gets UFC From This Partnership? 🤔
Actually it is the revenue generated from collectible items with blockchain-backed authenticity. The tokenization of gloves will create new revenue streams for UFC Fighters and UFC company!
STAY TUNED! 💪
#VETUpdate #VeChainThor #VeChain #cryptogem #AltcoinGems
"Urgent Alert: VeChain's Official X Account Falls Victim to Exploit in Shocking Breach"
The X account of leading blockchain-based protocol VeChain has suffered a hack, with the exploiters leveraging the account to promote a scam giveaway.
Read more on: https://thecryptobasic.com/2024/01/18/just-in-vechain-official-x-account-suffers-exploit/
#VeChain #VeChainNodeMarketplace #VeChainThor #CyberCrimeInvestigation #CryptoNewsLand
Read more on: https://thecryptobasic.com/2024/01/18/just-in-vechain-official-x-account-suffers-exploit/
#VeChain #VeChainNodeMarketplace #VeChainThor #CyberCrimeInvestigation #CryptoNewsLand
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Expert Forecasts Explosive Surge for VeChain (VET): Anticipating a Staggering 5,455% Jump Toward $2
VeChain has been known to do 188x in a bull cycle, and according to one analyst, it’s one of the tokens set to implode in this bull market despite being one of the ‘old coins.’The token has been in two cycles, the first as an ERC-20 token (VEN) and then as a standalone project (VET); the analyst says it’s due a third surge, which could surpass 5,000%.
VeChain was once one of the most implosive cryptocurrencies in the market, hitting over 17,000% gains in two previous bull markets. Since then, tokens like Solana and Avalanche have taken the spotlight, getting all the investor funding. However, according to one analyst, VET might be one of the tokens to watch in the current bull cycle, and he predicts it will surge by over 5,000%.
VeChain is trading at $0.03453 at press time, shedding just over 4% in the past day. In the past month, it has gained 60%; since the year began, it has shot up 122%.
Despite having a market cap exceeding $2.5 billion, the token has failed to attract investor interest, with its trading volume at $49 million. This ranks below smaller projects like Terra Classic, NEO, Axie Infinity and MultiverseX, formerly Elrond.
Despite dropping out of favour with investors, one analyst believes it might be the project to watch in the upcoming bull cycle. Known to his followers as Raidenx, the analyst says that VET is heading to $1, which would be a 5,400% surge from its current price. This would push its market cap to $72 billion, which, by today’s standards, would only be bettered by Bitcoin, Ether and Tether.
“If you only knew what was coming, you would be shaking with excitement,” the analyst says, urging investors to ignore all the influencers who dismiss VET as an “old coin.”
VeChain (VET) to $1
As the analyst points out, VeChain has been through two other major bull runs. In its first, it gained 18,800% to hit new highs in 2018. Back then, it was known as VEN and was deployed on Ethereum as an ERC-20 token.
The VeChain team then migrated the project from the Ethereum network to its own blockchain and rebranded as VET. As the analyst observes, the naysayers dismissed VET as an old coin, but again, it ended up being one of the best performers in the market, hitting over 17,000% in gains.
In the last cycle VET was considered an ‘old coin’ & your favourite influencers told you to only look at new coins as old ones wouldn’t perform. VET outperformed 99% of them & did over 177x!
All these gains were prior to the major moves that VeChain has made since. They include becoming the poster child for blockchain-based environmental conservation through its partnership with BCG. As CNF has reported severally, the two are building an ecosystem in which users are rewarded for their actions towards saving the planet, incentivizing conservation for the masses.
$VET #VET #VeChain
VeChain was once one of the most implosive cryptocurrencies in the market, hitting over 17,000% gains in two previous bull markets. Since then, tokens like Solana and Avalanche have taken the spotlight, getting all the investor funding. However, according to one analyst, VET might be one of the tokens to watch in the current bull cycle, and he predicts it will surge by over 5,000%.
VeChain is trading at $0.03453 at press time, shedding just over 4% in the past day. In the past month, it has gained 60%; since the year began, it has shot up 122%.
Despite having a market cap exceeding $2.5 billion, the token has failed to attract investor interest, with its trading volume at $49 million. This ranks below smaller projects like Terra Classic, NEO, Axie Infinity and MultiverseX, formerly Elrond.
Despite dropping out of favour with investors, one analyst believes it might be the project to watch in the upcoming bull cycle. Known to his followers as Raidenx, the analyst says that VET is heading to $1, which would be a 5,400% surge from its current price. This would push its market cap to $72 billion, which, by today’s standards, would only be bettered by Bitcoin, Ether and Tether.
“If you only knew what was coming, you would be shaking with excitement,” the analyst says, urging investors to ignore all the influencers who dismiss VET as an “old coin.”
VeChain (VET) to $1
As the analyst points out, VeChain has been through two other major bull runs. In its first, it gained 18,800% to hit new highs in 2018. Back then, it was known as VEN and was deployed on Ethereum as an ERC-20 token.
The VeChain team then migrated the project from the Ethereum network to its own blockchain and rebranded as VET. As the analyst observes, the naysayers dismissed VET as an old coin, but again, it ended up being one of the best performers in the market, hitting over 17,000% in gains.
In the last cycle VET was considered an ‘old coin’ & your favourite influencers told you to only look at new coins as old ones wouldn’t perform. VET outperformed 99% of them & did over 177x!
All these gains were prior to the major moves that VeChain has made since. They include becoming the poster child for blockchain-based environmental conservation through its partnership with BCG. As CNF has reported severally, the two are building an ecosystem in which users are rewarded for their actions towards saving the planet, incentivizing conservation for the masses.
$VET #VET #VeChain