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Vethor

VeThor Token | What's Next? It has been a while. And just wow, VeChainThor and VeThorToken surged massively in such a short timeframe 🔥 $VET with 750% + gains in the last 90 days, and $VTHO with a whopping 2500% + gains in the last 90 days (CoinMarketCap). While $VET was just continuing its uptrend, $VTHO had a cool-down period at the end of March and beginning of April. Since then, it recovered with an ascending triangle which broke on April 15th. Thereafter, $VTHO reached a new All-Time High at around $0.0285 two days later. But massive gains are always being followed by corrections. Today we experienced a little correction for the whole crypto market. However, as of this moment $VET & $VTHO pairs are looking to recover pretty quickly. In addition, both are still in an uptrend, with higher lows at all times. What’s next? 👀 And if you are a VeChain holder, make sure you have secured a VeThor bag as well 😉
Long
by djaanos
🆓Vethor/USDT Analysis (3/4) #VTHO $VTHOVTHO is trying to conquer the 0.018$ zone, which is very strong resistance. I think it couldn't be successful but will move down to 0.014$ zone in order to generate a new rally up to 0.028$ 📈BUY -Buy: 0.0137-0.0143$ if A. SL B -Buy: 0.0176-0.0184$ if A. SL B 📉SELL -Sell: 0.0176-0.0184$. SL A -Sell: 0.022-0.023$. SL A -Sell: 0.0275-0.0285$. SL A ♻️BACK-UP -Buy: 0.0176-0.0184$ if A. SL B ❓Details Condition A : "If 12H candle closes ABOVE this zone" Condition B : "If 12H candle closes BELOW this zone"
by CryptoStation
Vechain (VET) Most Undervalued Cryptocurrency $1 Potential.Everything from luxury goods, counterfeit prevention, wine, vehicles, NFTs, Covid19, healthcare, distribution, art, food, ect... The first 5-star-rated blockchain service provider in the world Vechain is the swiss army knife of blockchains. Vechain (VET) I believe is perhaps one of the most undervalued cryptocurrency in the space this year. Having a vast network of partnerships it is the most publicly and widely used blockchain network used by governments, small businesses, and enterprises worldwide solving a real global problems and more. In a nutshell Vechain is the blockchain for the supply chain and logistics industry. As of right now Vechain has a long way to go before it even hits a new Bitcoin price discovery phase. We've been trading below the .236 Fibocannci level since September 2020 for less than 100 satoshis!!!! In a sense this can indicate that Vechain still has a massive amount of growth especially if Bitcoin drops in dominance. In the short term our price target is 105 Satoshi. I'm not normally one to give big price predictions but based on fundamentals and tokenomics I believe Vechain has $1 potential this bull cycle. Especially if we consider that this may be a Bitcoin " Super Cycle" due to our current political and economic environment from the effects of COVID-19 on our global monetary system. There's a current circulation supply of 64,315,576,989 VET and Max Supply 86,712,634,466 so we're getting closer to no more Vechain coming into circulation. As of right now dollar value of Vechain rounded out is roughly $0.05 cents with a current market cap of $3,000,000,000. Multiplied by a 20x and this gives us a $1.00 Vechain with a 60 Billion dollar market cap which in my opinion is not too far fetched considering a mutli-trillion dollar cryptocurrency market cap, what Vechain is, and the industry they're revolutionizing. Remember Vechain is a first mover and has first mover advantage in its space. You know me I always keep a fat bag for the long term been accumulating since it was less than a penny. Keep Vechain on you radar this project has extremely strong fundamentals. Much peace, love, health, and wealth!
Long
by peacefuljustin
VeThor Token | UnderratedWhat. A. Week. Instead of patiently waiting for an altseason , we are experiencing imo; an allseason ! Insane gains for lots of cryptocurrencies, where today a couple of my favorites had great double-digit gains: $VET & $VTHO. Instead of posting another VeChain chart, I thought it was good to highlight VeThor Token for this time, as a lot of $VET investors tend to overlook $VTHO. For the ones who don't know, VeThor Token (VTHO) is the secondary token of the VeChainThor ecosystem and functions as the gas for transactions (Binance Research, 2020). It means that VeChain Thor (VET) is the native token for the platform, while VeThor Token (VTHO) plays an essential role in the overall functionality of the blockchain (CoinMarketCap, n.d.). $VTHO is needed for every transaction on the blockchain, to run & maintain dApps, and usage of $VET smart contracts (Bitvavo, n.d.). So, think of this: if you invest in $VET, why not in $VTHO? If VeChain's price surges, VeThor Token will go along with VeChain's gains because of the transactions. In addition, $VET generates $VTHO, which means if you HODL $VET you will earn VTHO by staking, which can be used to pay for your transactions (VeChainInsider, 2019). Sounds great to me ;). Good thing to know is that 70% of $VTHO paid in each transaction will be destroyed, while the rest is awarded to the 'Authority Masternode Operator' (a server that is connected to the network operating the VeChainThor software), who validate and process blocks for the transactions (VeChain, n.d.). As $VET is showing lots of potential, I think this token is underrated as of this moment. According to CoinMarketCap, we saw 125%+ gains for $VTHO in the past 7-days. At January 18th, $VTHO had a high of $0.002 followed by a 'cooling period'. But in that particular period, we could see a bullish Gartley pattern while having higher-lows at all times. For now, it is totally understandable to have some bearish momentum, as investors are securing their profits. But for the longer-term, these two are looking very bullish to me.
by djaanos
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