VeChain (VEN) Analysis
Market Cap
$7,307,898,205 USD
Volume (24h)
$475,275,554 USD
Top cryptocurrency services
VeChain investment analysis
There are many applications of blockchain technology in our world today and the continuous developmental approaches continue to reveal new paths to how we can apply this technology to everyday usage. VeChain tries to create a reliable ecosystem with scalable advantages of blockchain enterprise.
VeChain investment is a lucrative concept which is majorly concerned with supply chain, distributive product data, and logistics business on the blockchain. The platform focuses or more real-world business activities and ensures that there are more practical applications of decentralized ledger technology than conceptual and theoretical ideologies alone.
The solutions provided by VEN is considered as revolutionary; for example, with the introduction of customized NFC chips used to verify and track products as they travel down the chain has a useful application in maintaining the integrity of certain products that could suffer the fate of counterfeiting. Moreover, customers can scan the NFC and obtain blockchain generated reports containing reliable information about the product.
The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.
The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.
How to buy VeChain?
To buy VEN cryptocurrency, you will have to visit the any of the exchanges where the coin is being listed and exchange your cryptocurrency or fiat currency to VEN. You should know that this asset is being traded on over 30 markets having about 5 trade pairs to include BTC, ETH, USDT, BNB, and USD.
You may have to purchase the alt trade pair needed to exchange for the asset on the exchange platform using fiat before you can go ahead and buy the coin. To store the new asset, you can use MEW, store on the exchange platform or use a hardware wallet to store.
The coin may not be as popular as BTC and ETH at the moment, but so far it is still among the top 20 coins on some major exchanges.
I don't know if you have heard, but VeChain (VEN) is getting ready to release its own main net, which means the currency is set to become even stronger, this will be happen in about 80days today. You can follow up with the countdown on their official page it will be focused on smart contracts, and will be centered around ICOs and DAPPs. The team has partnered with multiple corporations from different industries. This coin is now in the good books of the Chinese government. Also, there are certain coins that seem to have found favor with the Chinese government and one of them is vechain and these give it a good edge among others.