VeChain (VET) Surges Today: Life Changing Coin?

During the last 24-hours, VeChain’s price has increased by 6% giving the crypto $0.1205 worth for every token. According to the analysts, the price of the coin will only grow and after a year the price of the coin will be 22 cents per token. Singapore-based crypto VeChain has a market capitalization of $7,733,155,446. The main focus of VeChain is to create an ecosystem where most of the problems will be solved with supply chain management.

VeChain is a blockchain platform for working with smart contracts, which is focused mainly on business applications, namely, supply chains (tracking, quality control, inventory, etc.). Moreover, VeChain is positioned as the best platform for working with information and products. VeChain intends to create a distributed business trustless ecosystem using blockchain technology. VeChain is the native token of the VeChain ecosystem.

Michael Rowels

Weekend Contributor.Writing for business and finance publishers has become his passion over the last decades after he completed a master's degree in Financial Management. Sharing some opinions and forecasts to thousands of readers is a routine job for him but he never promises to invest in one stock.