ANOTHER BULLISH USE CASE FOR VECHAIN (VET)!? Cryptocurrency Analysis 2020

We might be looking at another BULLISH use case for VeChain (VET)!!! We will do some cryptocurrency analysis for VET and discuss some potential price targets, some VET VeChain news, and other things relevant to the crypto and VeChain space.

In this crazy market environment, VET VeChain is looking at a LOT of things that might potentially impact the price in a BULLISH way. Can we see VET VeChain rally prices and drive in more investors from all of this hype and sentiment?

Lots of companies and projects are hopping on board with the VeChain blockchain so far. Despite mainly being focused on supply chains, we are seeing the need for VeChain's claim that they are solving real-world problems with blockchain to be useful in typical scenarios and lives.

Founded in 2015 and launched in 2016 Vechain is the brainchild of Sunny Lu, the former CIO of Louis Vuitton. By combining his knowledge of blockchain technology with his experience in supply chain management, he introduced VeChain as a blockchain traceability solution in the luxury and fashion industries. The Vechain blockchain, called VeChainThor, relies on two tokens to operate: the VeChain Token and the VeChainThor Energy, or VeThor. VeThor is used to pay for transactions and is generated by users who hold Vechain Token. A user wanting to transact on the VeThor blockchain has the option of purchasing VeThor tokens on the market to use or purchasing VeChain Tokens which in turn can be used to generate VeThor. The two-token system is designed to keep transaction costs low.

VeChain coin analysis in this video. We can also use all of the VeChain news to help gauge sentiment and fundamentals for the VeChain crypto coin. VET crypto has a longer price target of $1 -- can it reach there? Maybe, maybe not...but the VeChain partnerships keep growing, along with the services that offer Vechain wallets. The VET coin might still be a great investment for your wallet and portfolio.

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The content in this video is my own personal opinion which I have made from my own personal analysis. The views are my own beliefs. Always be cautious when investing in cryptocurrencies. This should not be treated as financial advice. Never invest more than you can afford to lose.

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