VeCHAIN (VET) coin price prediction for 2030
With today’s modern technology, tracking anything has become very easy, but many times it happens that we are not able to track many things. Now hearing the word tracking, the question must be arising in the mind of many people that what is tracking? Whenever a product or item is started to be made, then all the work is done from there till the completion of that product. Keeping track of them all is called ‘tracking’. That means keeping an eye on every single move. We can call it tracking.
Tracking is not limited to just making a product. It works even further than this, such as tracking is used from ‘product’ factories or shops to our arrival. So you must have understood that what is tracking?
Now you must be thinking that why am I telling you about tracking? This article is about VeCHAIN (VET). So let me tell you that both Tracking and VeCHAIN (VET) are connected to each other. Let us explain you in detail, but before that if you were still searching on the internet what is VeCHAIN (VET)?, Who made VeCHAIN (VET)?, How much are the supply of VeChain (VET)?, VeChain (VET) ) What is the price? So now you don’t need to go anywhere else at all. Just keep reading this article till the end. So let’s get started.
1. What is VeCHAIN (VET)?
VeCHAIN (VET) is also a Cryptocurrency Coin. And just like coins like – bitcoin, dogecoin, shebacoin and other coins, it is also a crypto coin. The purpose of launching it is that it tracks every system or production and stores all its details, data and information safely with it.
2. How does VeChain (VET) work?
It works behind the coin supply chain. Example: Suppose we book an order in Swiggy or Zomato, be it pizza or burger or anything else. From making it to keeping it ready, whatever processing is done in between. How long is it packed?, How long does it take to leave?, How long has it taken you for delivery?, All these things VeChain (VET) can track. Now you must have understood how VeCHAIN (VET) works? And it is still in its early stages. You must be aware that companies like Renault and BMW use famous blockchain technology. VeChain (VET) is also one of these.
3. What is the History of VeChain (VET)?
The history of VeCHAIN (VET) is nothing special. It was made by a Chinese engineer. This coin was created in the year 2015. This coin was created to keep big companies safe by tracking their production and keeping all their data and information safe. Which we previously knew as VeCHAIN (VET) Coin. Today we also know as VeCHAIN (VET) Crypto Coin.
4. Who is the father of VeChain (VET)?
The father of VeCHAIN (VET) is Sunny Lu, the former Chief Officer of Louis Vuitton. Who launched this coin in the year 2015.
5. What is the supply of VeCHAIN (VET)?
Friends, the maximum supply of VeChain (VET) is 8 thousand 670 crores and if we talk about its total supply, then it is 23 thousand 245 crores coins.
6. How much will VeChain (VET) cost in 2030?
If we look at the price of VeChain (VET) as of today’s date, then it is trading around Rs. If we invest 1 thousand rupees in this coin, then we get about 319 coins. According to https://www.cointoday.com/ it can give us an average return of 2.64 for the year. So from year average return of 2.64, we will get 2 thousand rupees after 1 year i.e. by 2023. By 2024, our amount will be converted into about Rs.6 thousand 900. By the end of the third year i.e. by 2025, our amount will be converted into 18 thousand rupees. By the end of the fourth year i.e. by 2026, our amount will increase to 48 thousand rupees.
Exactly after 5 years from today i.e. at the end of 2027, this amount will reach 1.2 lakhs, 3.3 lakhs in 2028, 8.9 lakhs in 2029 and in 2030 we will see that our investment has been returned to about 23 lakh 50 thousand rupees. And if we talk about 10 years from today, that is, in 2032, then 1 thousand rupees invested by us will be converted into about 1 crore 64 lakh rupees.
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Friends, VeCHAIN (VET) is a coin with a lot of potential. This project has a future. It has set its milestones and is slowly achieving it. You can invest a small amount in this, but do your own thing before investing. Do not invest in any coin at all without doing research. Thank you !!!!
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