Vechain (VET) Most Undervalued Cryptocurrency $1 Potential.
Everything from luxury goods, counterfeit prevention, wine, vehicles, NFTs, Covid19, healthcare, distribution, art, food, ect... The first 5-star-rated blockchain service provider in the world Vechain is the swiss army knife of blockchains. Vechain (VET) I believe is perhaps one of the most undervalued cryptocurrency in the space this year. Having a vast network of partnerships it is the most publicly and widely used blockchain network used by governments, small businesses, and enterprises worldwide solving a real global problems and more. In a nutshell Vechain is the blockchain for the supply chain and logistics industry.
As of right now Vechain has a long way to go before it even hits a new Bitcoin price discovery phase. We've been trading below the .236 Fibocannci level since September 2020 for less than 100 satoshis!!!! In a sense this can indicate that Vechain still has a massive amount of growth especially if Bitcoin drops in dominance. In the short term our price target is 105 Satoshi.
I'm not normally one to give big price predictions but based on fundamentals and tokenomics I believe Vechain has $1 potential this bull cycle. Especially if we consider that this may be a Bitcoin " Super Cycle" due to our current political and economic environment from the effects of COVID-19 on our global monetary system. There's a current circulation supply of 64,315,576,989 VET and Max Supply 86,712,634,466 so we're getting closer to no more Vechain coming into circulation.
As of right now dollar value of Vechain rounded out is roughly $0.05 cents with a current market cap of $3,000,000,000. Multiplied by a 20x and this gives us a $1.00 Vechain with a 60 Billion dollar market cap which in my opinion is not too far fetched considering a mutli-trillion dollar cryptocurrency market cap, what Vechain is, and the industry they're revolutionizing.
Remember Vechain is a first mover and has first mover advantage in its space. You know me I always keep a fat bag for the long term been accumulating since it was less than a penny. Keep Vechain on you radar this project has extremely strong fundamentals. Much peace, love, health, and wealth!
As of right now Vechain has a long way to go before it even hits a new Bitcoin price discovery phase. We've been trading below the .236 Fibocannci level since September 2020 for less than 100 satoshis!!!! In a sense this can indicate that Vechain still has a massive amount of growth especially if Bitcoin drops in dominance. In the short term our price target is 105 Satoshi.
I'm not normally one to give big price predictions but based on fundamentals and tokenomics I believe Vechain has $1 potential this bull cycle. Especially if we consider that this may be a Bitcoin " Super Cycle" due to our current political and economic environment from the effects of COVID-19 on our global monetary system. There's a current circulation supply of 64,315,576,989 VET and Max Supply 86,712,634,466 so we're getting closer to no more Vechain coming into circulation.
As of right now dollar value of Vechain rounded out is roughly $0.05 cents with a current market cap of $3,000,000,000. Multiplied by a 20x and this gives us a $1.00 Vechain with a 60 Billion dollar market cap which in my opinion is not too far fetched considering a mutli-trillion dollar cryptocurrency market cap, what Vechain is, and the industry they're revolutionizing.
Remember Vechain is a first mover and has first mover advantage in its space. You know me I always keep a fat bag for the long term been accumulating since it was less than a penny. Keep Vechain on you radar this project has extremely strong fundamentals. Much peace, love, health, and wealth!
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Vechain recently mentioned in Forbes: www.forbes.com/...esides-bitcoin/?sh=6d4b789...
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Vechain First 5 Star rated blockchain service in the world: www.prnewswire.com/n...rland-301197975.html