Home
News
- Melker said that VeChain is an excellent blockchain company because it enhances the supply management chain
- A poll revealed that people think VET is the most underrated crypto asset
- The VeChain token reached its all-time high of $0.27 before crashing in mid-March
According to a famous crypto analyst, Scott Melker, the VeChain blockchain may be better than most bets in the cryptocurrency space.
VeChain may Solve Many Supply Management Difficulties
As per an article by CoinQuora, Melker supports VeChain and labels it a good bet for investors. Scott Melker is a famous twitter crypto influencer who dubs himself the ‘Wolf of All Streets.’ In a recent interview by Fox Business, the host Charles V. Payne asked him about his thoughts on VeChain, since everyone is tweeting about it. Melker said that VeChain is an excellent blockchain company because it enhances the supply management chain. He also added that VeChain might help many big companies and institutions to solve problems on supply management.
VET Token is Ranked 20 Among all Other Cryptocurrencies
In April, a Twitter poll was raised to find out which crypto asset is the most undervalued. Around 140,000 users participated, and the majority of them voted for VeChain. Soon after this, the VeChain token reached its all-time high of $0.27. Consequently, the VeChain testnet performed very well, and several crypto analysts said that the token might even cross the $1 mark. Back then, analysts predicted that if this trend continues, then the VeChain testnet may be capable of handling around 21.6 million transactions regularly.
However, in mid-May, the cryptocurrency market crashed, and among many altcoins, the VET token was also affected. Currently, it is trading at $0.1251 and is up by 4.82% in the last 24 hours. VET is ranked 20 amongst all cryptocurrencies.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
