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VeChain (VET) Reflects 25% Growth Despite Heavy Volatility

byKelvin Maore
December 31, 2019
in Cryptocurrency News

VeChain is among the few coins that have reflected huge potential in the market. Where the other coins were reflecting loss due to the bearish trend and couldn’t revive till now, VET coin is exhibiting an upsurge in price. The upcoming period is considered to hold many surprises for investors.

We are positive that the VET coin would manage to perform as the anticipations and help traders earn a colossal profit.

VeChain’s Outlook Remains Optimistic

VeChain News

VeChain began 2019 with a moderate movement of around $0.0042. The highest price point breached by VET coin was $0.0049 during the same month. In February, the price moved to $0.00474 from $0.00410 by 15.27%. In March, the price escalated to $0.00526 by 32.12%. In April, the price jumped to $0.00766 by 22.2% but the coin couldn’t hold for long. The VET price slipped to $0.00679 by 11.85%. The currency jumped to $0.00951 by 40.33%. June closed VeChain price at $0.08215. The third quarter brought a 55.62% loss in the price with not much progression. The price counters shifted from $0.008215 to $0.00361. In October, VeChain cryptocurrency moved to $0.00432 by 19.68%. In November, the VET price escalated to $0.00746 by 72.35%.

In December, the coin started with a fall of 37.33% but later escalated to $0.00541 by 15.54%. VeChain started the year at $0.0042 and now it is trading around $0.0054. The chart is reflecting heavy movement in the last quarter of the year. The same might remain locked in the coming year too. The traders can expect a flourishing return.

The traders interested in VeChain are recommended to opt for long-term investment. The short term might be chancy for the investors; hence we aren’t suggesting the same to the investors. However, as per VET Price Prediction, the long term might carry massive returns, and thus, investing with the same would be good.

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Kelvin Maore

Kelvin Maore

Kelvin M. Maore is a seasoned crypto market analyst with half a decade of hands-on expertise. Through concise updates and a creative flair for storytelling, he demystifies blockchain developments, guiding readers confidently through every market twist.

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