In the last few months, there has been a lot of ups and downs in the cryptocurrency market. Due to a lot of bad news the crypto market had started to dump. In this article, we are going to discuss one of the most popular and underrated crypto coins, VeChain.
VeChain (VET) has become a quite popular crypto coin that has given good returns to investors. We have discussed VeChain’s future, Vet coin price history, and VeChain price prediction 2021 in the given article.
What is VeChain (Vet)?
VeChain is a blockchain supply platform that aims to boost traceability, the efficiency of supply chains by reducing cost and giving more control to the individual users.
VeChain uses transparent technology that has no weakness and it has greater security. VeChain was launched in 2016. VET coin is founded by the former CIO of Louis Vitton China, Sunny Lu, and by Jay Zhang.
VeChain (VET Coin) Overview
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VET Coin Price History
VeChain was mostly listed on the cryptocurrency exchanges in July 2018. At that time, the VET coin was traded at the price of $0.02 – $0.030. At the end of 2018, the VET coin price dumped to $0.0035 and closed the year 2018 with a price of $0.04.
The year 2019 was been good for the VET coin. In the first six months of the year, the VET crypto price was trading between $0.080 – $0.095. But in the next six months, the price fell and closed the year 2019 with $0.056.
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In the year 2020, the VET crypto price surges and touched the mark of $0.080 at the end of February 2020. But in the next month, the VET coin set its all-time low of $0.0016. In the next six months, the cryptocurrency started to grow and ends the year with a price of $0.20.
VeChain Price Prediction 2022
At the current, VET crypto coin price is trading at $0.06378 (at the time of writing this article). VET coin has touched its all-time high of $0.2782 in April this year. After hitting its all-time high, the VET coin price dumped to almost 68%.
Experts predict that VeChain can touch the mark of $0.30 by the end of this year. The VET coin is available in major cryptocurrency exchanges.