VeChain (VEN) Just hit a Familiar Low. Now’s a Good Time to Buy.

VeChain (VEN) is likely to be one of the biggest growth stories of 2018. In fact, CNBC just named it as one of the top five coins positioned for better gains than Bitcoin (BTC) this year. This blockchain project is one of those ventures that comes along with high-potential technology and a concept that enterprise clients around the world can get on board with. The VeChain coin has lost about half of its value since it peaked around $8.50 on January 22 – but we have reason to believe this coin is going to dust its shoulders off and get back to climbing the crypto charts.

It has also reached this valley before, where it rapidly shot up toward the $9.00 mark. Could that happen again?

The VeChain coin has officially hit the mainstream

As I just mentioned, the VeChain coin just got a prime-time slot in a CNBC article, where trading author Bill Baruch claims that we are currently witnessing a global crypto market cap “rebalancing.”

“Many disregard bitcoin but most do not disregard blockchain technology,” says Baruch. “While I expect bitcoin to recover from this low, I believe that there are cheaper and better technologies within the complex that are positioned for stronger gains. The five that I am focused on are ethereum, NEO, ripple, stellar and last but surely not least, VeChain.”

This coin is flying on the radar of top crypto traders who have higher-than-average media platforms. To get this kind of validation isn’t surprising, because VEN has the technology to back it up.

VeChain (VEN) is disrupting the global supply chain

Using smart chip technology, this global blockchain-based system is working on revolutionizing how both consumers and merchants interact with their products. Throughout a product’s entire lifecycle, data is tracked and maintained on a decentralized ledger. This enables anyone to be able to verify the authenticity of their goods.

vechain (ven) vechain coin
vechain.com

It’s not only geared toward spotting fake designer handbags, either – this technology can also measure things like temperature and help merchants manage quality control throughout a product’s journey to its final destination.

It is a way for us to efficiently interact with the Internet of Things (IoT), and both clients and merchants can benefit from the transparency it offers.

This platform has been inking even more deals lately

We’ve profiled the VeChain coin on our blog recently, and the organization has been striking a ton of deals since then. Just check out this one:

It’s also been boosting its academia credibility by partnering up with Michigan State University:

And there’s this too:

This cryptocurrency is rapidly expanding its footprint, and growing in notoriety. It is showing a ton of promise, and it’s actually a coin with a use case that people are getting excited about.

What do you think?




Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.

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