VeChain can be used as payment in 2M stores — and VET bridged to BNB chain. VeChain has made a series of announcements that look to substantially grow usability and adoption of its native VET token. Supply chain blockchain project VeChain has announced a new partnership with crypto payment services, Alchemy Pay that will allow people to use its VET token as payment in over 2 million stores throughout 70 different countries. The news came alongside its inclusion as a supported token on the recently launched Binance Bridge 2.0. VeChain was included in the first group of tokens to be supported on the new Binance Bridge 2.0. The Binance Bridge 2.0 provides a new way to bridge tokens from Ethereum to be used on the BNB Chain — formerly known as the Binance Smart Chain.
After the sharp recovery from its recent lows at $0.05 on July 21, VeChain (VET) has formed a pennant. This setup will complete after the price breaks above or below the formation. The 20-day EMA ($0.11) has flattened out and the RSI has dropped close to the midpoint, suggesting a balance between supply and demand. A breakout and close above the resistance line of the pennant will suggest the resumption of the up-move. The first target objective on the upside is a move to $0.16 and, if this level is crossed, the VET/USDT pair may rally to $0.19. Conversely, if the price breaks below the support line of the pennant, the bullish view will be negated. The pair could then decline to the 50-day SMA ($0.09). The four-hour chart shows the price is getting squeezed inside the triangle. Both moving averages are flat and the RSI is just below the midpoint, which does not give a clear advantage either to the bulls or the bears. The rebound off the support line is facing stiff resistance at the 50-day SMA. If the price turns down from the current level, the bears will try to sink the pair below the support line. If they succeed, the pair may drop to $0.082. On the other hand, if bulls drive the price above the 50-day SMA, the pair could challenge the resistance line. A breakout and close above this resistance could signal the resumption of the up-move.
Can you imagine trying to sell VET? That’s what Sunny Lu does on a daily basis, and he even has the tag #valuable transactions. Where’s the value in VET transactions, especially when no one is using it? This coin has been a trainwreck since the bear market started. They used to have one of the most fanatical groups in crypto, but they’ve been since tamed from this particulary harsh bear market.
Ok, the VET summit went off with fireworks. If you haven’t seen the amount of news that Sunny and VET are bringing to crypto then you’re doing yourself a disservice. Basically, multinational corporations are very much onboard with VET. They are not only supporting them, but also buying VET tokens along with telling their customers that this is the future. VET also announced that they will be able to announce of Huge partnership in the next two months regarding PwC. This might be the biggest announcement in crypto this year, so I would definitely start accumulating in the event that it pans out like most of us believe.
VET is moving as steady as they come. Finally it's found its place among the top contenders, and people are finally realizing its value. Their upcoming event with BMW has a lot of people curious what kind of development they have going on. BMW wouldn't join up for a huge event at the Pavillion in San Francisco for nothing, so let's wait and see the big news. I've been holding VET and earning VTHOR in the process, so this all works out for me. VET is going to win in the long run.
Oh wow, VET is actually kinda mooning. I've been waiting to see a chart like this on VET in a long time. It's perfectly set up for a strong move. I can see this coin tracking up to its level around April of last year. If it's able to do that then we can potentially see a 2-3x rise from this point. VET holders should be confident on this move.
VeChain is going to overtake TRX. VeChain is a real business with actual revenue. Sunny Lu has been quiet because he is gearing VeChain to be one of the biggest names in crypto. Patience is all that's needed. VTHO will probably get listed on Binance soon too, just like ONT Gas.
Question to experts, is it already possible to buy VEN? Or will the price go even lower? The price has been falling for more than a month now, when is growth expected?
* Crypto Rating accepts no liability for content of the VeChain reviews made by the site users. The entire responsibility for the contents rests with the authors.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 70.8% | 61 | $27 769.57 | 0.34% | -1.21% | $536 754 799 967 |  |
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|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 78% | 45 | $1 760.08 | 0.25% | -3.71% | $215 388 158 297 |  |
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| 3 |  USDT |
Tether predictions | 94% | 1 | $1.000733 | -0.01% | -0.23% | $79 080 219 026 |  |
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| 4 |  BNB |
Binance Coin predictions | 70.4% | 55 | $326.69 | 0.81% | -4.05% | $51 580 669 015 |  |
|
| 5 |  USDC |
USD Coin predictions | 90.8% | 2 | $0.999682 | -0.01% | -0.03% | $33 902 351 134 |  |
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| 6 |  XRP |
XRP predictions | 79.2% | 31 | $0.446466 | -3.10% | 12.47% | $22 747 856 843 |  |
|
| 7 |  HEX |
HEX predictions | 61.6% | 82 | $0.083065 | -7.66% | -5.41% | $14 404 450 316 |  |
|
| 8 |  ADA |
Cardano predictions | 75.6% | 39 | $0.354052 | -1.61% | 0.76% | $12 296 599 101 |  |
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| 9 |  STETH |
Lido stETH predictions | 96% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 10 |  MATIC |
Polygon predictions | 73.2% | 45 | $1.091200 | -0.69% | -10.47% | $9 908 609 587 |  |
|
| 11 |  DOGE |
Dogecoin predictions | 78% | 42 | $0.074319 | -1.03% | -2.69% | $9 860 013 376 |  |
|
| 12 |  BUSD |
Binance USD predictions | 92.8% | 1 | $0.999782 | -0.03% | -0.07% | $8 022 603 277 |  |
|
| 13 |  SOL |
Solana predictions | 72.8% | 46 | $20.76 | 0.18% | -7.29% | $7 971 638 329 |  |
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| 14 |  DOT |
Polkadot predictions | 79.6% | 39 | $6.01 | -0.11% | -8.80% | $7 035 460 173 |  |
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| 15 |  LTC |
Litecoin predictions | 74% | 57 | $92.76 | 0.43% | 7.61% | $6 731 324 739 |  |
