VeChain Showed Surge of Almost 4%, Partnered with Govt. of San Marino for Assistance in Governance

Recently, VeChain partnered with the government of San Marino. The country has a cumulative GDP of $1.6B. The VeChain based Jur became the first Dapp to sign a certified strategic partnership with San Marino Innovation.

VeChain Price Analysis & Predictions

VeChain was trading at $0.00487458 on August 09. Today after 25-days, the VET coin has shown a decline of 16.77%. Similarly, in the weekly trading, the crypto broke down by 7.38% and dropped to the current level from the trading price of $0.00437961 on September 03. In yesterday’s trading, however, VeChain has made a hike of 3.6%. Yesterday, it opened at $0.003860 and closed at $0.003999.

After a week or so of decline, VET coin made a bounce back. For now, the trend will more be flattish. As per our prediction, VeChain might cross its 30-Day highest of $0.0050 soon. The immediate resistance for the VET coin is at $0.004061 and the support level is at $0.003896. Meanwhile, it is a good time for investors to increase their holdings in VeChain. It will be a beneficial investment in the long-term.

VET to USD Price Chart

Current Statistics (On September 09, at UTC 08:41):

  • The trading price of VeChain against US Dollar was trading around $0.004056.
  • Against Bitcoin, the crypto was valued around 0.00000038 BTC.
  • Additionally, the Market Cap of the VET coin was around 214,769,019 USD.
  • At the same time, the 24-hour trading volume of VeChain was 27,308,078 USD.
  • With an ROI of -74.25%, the number of VET coins is circulating in the market was 55,454,734,800 VET.

 

Paul Jolin

Paul Jolin is an economist having experience in financial research. He joined CoinNewsSpan in 2017 and since then has been working with the team to offer best price analysis and review stories on the crypto space. He is optimistic about blockchain technology's use cases in terms of financial freedom. He also has experience as an independent trader.

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Paul Jolin