| Can Vechain Reach $75?: It reached an All-Time High of $0.25 in April of 2021. So, can it reach there again? Let’s find out… |
Latest VeChain Price
What is VeChain?
- VeChain is a blockchain platform that targets boosting the supply chain.
- VeChain assigns unique QR codes to every product. These tags allow things to be tracked from producers to shops and then kept on blockchains.
- It is most recognized for its work in the supply chain. Its efforts to provide a decentralized trust layer for multi-party ecosystems have already shown significant results with high-profile clients
- According to VeChain’s official documentation, its unique selling point is its dual-token architecture, as well as revolutionary protocols like ‘fee delegation’ and its one-stop ‘ToolChain’ platform.
- Several large corporations, like BMW and LVMH, employ its supply chain solutions.
- Walmart China, for example, utilizes VeChain to track items such as fresh fruit and meat. As a result, those foods are entirely traceable; if an E.coli outbreak occurs, the source may be easily recognized.
Can Vechain Reach $75?
It reached an All-Time High of $0.25 in April of 2021. So, can it reach there again? Let us find out…
Can Vechain Reach $75?: Vechain Price Performance
Before we come to a conclusion, it is better to look at the facts, where better to look than in the past.
| 5 Days | 30 Days | 90 Days | 180 Days | YTD | 5 Years | |
| $VET | +14% | +15% | -50% | -47% | -69% | +1.3% |
The recent past performance of VET has given hope but the fact that it has only increased by 1% in the past 5 years is a big NO which gives a red flag to anyone looking to invest.
Can Vechain Reach $75?
The current price of Vechain makes it perfectly clear that this cryptocurrency cannot reach $75 without a miracle. If the cryptocurrency could not increase more than 2% in the last 5 years, it is impossible for it to increase 282,000 times in any year.
| % Growth | Number of Years |
| 10% Growth | 85 Years |
| 20% Growth | 45 Years |
| 30% Growth | 32 Years |
| 40% Growth | 25 Years |
| 50% Growth | 21 Years |
Can Vechain Reach $75?: Latest News
Can Vechain Reach $75?: Latest Tweets
Originally tweeted by Trader Fred (@DCA_Cryptoz) on July 22, 2022.
Algo V2 suggesting
$VET #VeChain
Current Price $0.0255
Bullish above $0.0419
Short term trend 📈
Possible Bounce to $0.0476
within coming weeks/monthsTrade with caution
Apecoin Price Prediction: 2022 Price Prediction is $9.9
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Index or Individual Stocks. Please consult a registered investment advisor to guide you on your financial decisions.