The VeChain public blockchain is an advanced layer 1 smart contract platform. It has many technical upgrades versus its predecessors, facilitating adoption in real-world commercial environments. The blockchain-based platform has multiple real-world business applications as it combines blockchain technology with the ‘Internet of Things’ (IoT). VET is the native token that lets people transact on the blockchain. VeChain combines decentralization and centralization with many integrated tools, including KYC, to ensure smart contracts support it. VET functions on top of VeChain, which uses a Proof-of-Authority (PoA) consensus protocol. By undergoing regular updates, the chain promises to resolve the weaknesses in the two main consensus types: Nakamoto Consensus and Byzantine fault Tolerance.
The fastest, most convenient way to purchase VeChain is to purchase it on ICONOMI. We check VeChain live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy VeChain by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if VeChain is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy VeChain, we recommend you read the next section, as copying might be a better approach.
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have VeChain in their structure.
Here you can read and comment on all posts made by Strategists about VeChain VET. See all VeChain USD price predictions in real time and make the best use of their crypto knowledge.
One of our portfolio assets, $VET is staging a massive comeback and may have its sights on being 1 of the Top 20 cryptos in the world.
It is currently up over 44% in the past 24 hours and has jumped to become our third biggest portfolio asset #MzansiCrypto
📈 DutchEd: Strong Gains Over the Past 24 Hours
The portfolio achieved an impressive 7% gain in the last 24 hours, with several standout performers leading the way. Notable movers include $LINK(+32%), $VET (+28%), and $FTM (+16%).
At this time, no adjustments are needed as the current allocation continues to deliver strong results.
1/11
Analysis of Future Trends in The Cryptocurrency Market.
🔵Internet of Things (IoT)
🔹 Future Trends
◾Blockchain and IoT integration will enhance data security and create decentralized systems for IoT devices.
◾Use cases such as smart cities, automated supply chains, and energy grids will grow.
◾Tokenization of IoT devices and data monetization through decentralized exchanges will become common.
🔥Institutional Adoption
◾Manufacturers are adopting blockchain for device security and communication.
◾Utilities and logistics companies are integrating IoT-blockchain solutions to optimize resources.
◾Partnerships between IoT leaders and blockchain platforms will expand.
🎯 We look at $VET , $JASMY , and $IOTA , which are listed on @ICONOMI, as competitors.
4/11
Analysis of Future Trends in The Cryptocurrency Market.
🔵 Logistics
🔹 Future Trends
◾Blockchain will enable end-to-end supply chain visibility and traceability.
◾Smart contracts will automate shipping, customs, and inventory processes.
◾Growth in adoption of tokenized assets for supply chain financing.
🔥 Institutional Adoption
◾Major logistics companies like DHL and Maersk have already piloted blockchain-based systems.
◾Governments are investing in blockchain for trade and customs optimization.
🎯 We look at $VET which is a listed asset on @ICONOMI for this category.
The reason we are not investing in it yet is because it is not in our momentum system, but it is on our watch list as a strong contender.
It is likely to be invested in the next review, we are waiting for confirmation of the signal.
2/3
Our suggested list of the best projects available in the Blockchain Infrastructure Sector based on our Digital Assets Classification Standard here.
All of these projects are undervalued, based on our valuation method.
