Vechain Price Prediction: VET Close to 2023 Low - Going To Zero?

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Vetchain’s price went up in April to $0.2842, but then it went down to $0.01337 on June 23. Even though VET tried to go up, it fell again by about 0.14% last week.

Vetchain is trading at $0.01580 when writing, down around 3% in the last 24 hours. Investors traded about $25.86 million in the last 24 hours, but it’s up more than before by more than 6%. The VET’s price has also dropped by 14% over the last month.

This could be a good time to buy at a low price and make money when the market increases. If VET can go higher than $0.01900, it might aim for $0.02680. But to keep doing well, the price has to stay above $0.01900.

Vetchain’s Daily Chart Trends

Look at the daily chart that shows how the price of VET is changing. The price might face resistance at $0.01900. If it goes above that point, the price could increase even more. But if it can’t go above that point, it might drop to around $0.01480, a support level.

Source: TradingView Daily Chart VET/USDT

Remember these important points when looking at the chart: there might be resistance at $0.01900 and $0.02680 that could make the price stop going up, and the price could find support at $0.01480 and $0.01120.

If the price stays higher than the moving averages for 50 and 100 days, it might rise and reach $0.02680 or even more in the next few weeks.

The moving averages and RSI level around 35 suggest the price might drop quickly. Watch out for support at $0.01480 and the RSI-14. The price could increase if it breaks the resistance level of $0.01900 and the RSI-14 exceeds the 50 level.

Also, using stop-loss orders is a smart way to protect your investment from big losses.

Vetchain (VET) Statistics:

VET’s Price – $0.01580
VET Market cap – $1.14 Billion
VET Circulating supply – 72,714,516,834 VET
VET Total supply – 85,985,041,177 VET
VET CoinMarketCap ranking – 39

Alternative to Vetchain (VET)

Wall Street Memes (WSM) is nearly finished with its last presale step and has gathered over $26 million. This is one of the fastest-growing cryptocurrency presales in 2023. Some experts think the project’s value could increase 1,000 times this year.

Last Chance to Buy Wall Street Memes (WSM)

Lately, meme-based tokens have been grabbing much attention, and Wall Street Memes (WSM) is at the forefront of this trend. WSM has done exceptionally well in its presale phase, raising over $26 million. This has caught the curiosity of experienced investors and cryptocurrency newcomers wanting to know more about $WSM.

Even though it’s relatively new, $WSM shows strong potential for growth. Its clear plan and ambitious ideas are attracting more interest. However, it’s important to remember that navigating the cryptocurrency market’s ups and downs can be challenging for $WSM.

💲25M for Wall Street Memes coin ($WSM) in presale? Astonishing! Soon staking, watch out Wall Street, it's meme time!👊 But, will $WSM be another Doge or Shiba? Who knows? Elon, any thoughts? 💭🐋 #Crypto #WSM #ElonMusk🚀🌕https://t.co/pyDvrxPTRz pic.twitter.com/8fvgcndJ76

— Chain Review (@Chain_Review) August 15, 2023

Fortunately, the $WSM team is trustworthy and knowledgeable. The WSM project seems even more appealing, with a community of over 1 million members.

People are genuinely excited and hopeful about its upcoming market launch. Some hope to make big profits, perhaps even 20 times their initial investment.

Keep in mind that the cryptocurrency market can change quickly. Currently, the mood is optimistic. Several options are available if you’re looking into other crypto ICOs to invest in.

The intriguing features of the Wall Street Memes token are drawing in investors. You can purchase this token using cryptocurrencies like USDT, Ethereum, and BNB. It’s worth noting that both BNB and Ethereum addresses start with “0x.”

If using BNB, ensure your tokens are on the ERC-20 network. One token costs $0.0334 WSM, providing different avenues to join the project.

Renowned figures in the cryptocurrency realm are endorsing the Wall Street Memes token, contributing to its popularity. Influential YouTubers with substantial followings have positive views, adding credibility to the project’s potential success.

Elon Musk, a notable entrepreneur and tech expert, also shows keen interest in Wall Street Memes. His continuous mentions highlight its significance and potential impact.

Whenever Musk talks about it, more people engage with the topic, further boosting interest and Musk’s profile.

WSM Project Phases and Fair Token Distribution: Your Chance for Rewards

The project has a well-organized plan. In Phase One, they made smart contracts, built a community, advertised, and created merchandise.

Next comes Phase Two, where they’ll launch the token, make partnerships, get on exchanges, and spread the word about the project. Phase Three aims to make the token’s value reach $1 billion and get it listed on a top exchange.

Tokens are distributed fairly: 50% to the community, 30% as rewards, and 10% to each exchange type. This keeps the community engaged and ensures easy token use.

For more similar coins, check out our guide. The project also gives away $50,000 worth of $WSM tokens, with $10,000 split among five winners to involve the community.

Over 77,000 people have already joined. Participate on social media for a better chance to win tokens. This is your opportunity to get the new Wall Street Memes token that people think could be promising.

Many view this as a great meme project, so getting tokens now might lead to big rewards. Don’t miss out on being part of the WSM presale and potentially earning money.

To buy $WSM, follow our guide’s instructions.