2022 Can Ve Chain hit 1 Dollar , Ve Chain Price predictions ,pros and cons ve chain and what is Ve Chain?

I'm going to share what is Ve Chain Crypto coin ,Ve Chain Price Predictions , the Ve Chain pros and cons. I will also tell you when Ve Chain hit 1 dollar and much more. So if you're a vet investor or just curious about this project, then you're in the right place. 

Ve Chain History 

I think it's a great time to take a new look at VeChain(VET) in 2021 because it has evolved quite a bit since it officially started in 2015. They started off just focused on being a blockchain for supply chain stuff. Now it's still one of their strong suits, but they've expanded quite a bit. Like they became more of a general purpose blockchain when they launched their main net in 2018.So you can run DAPs on top, do ICOs things like Ethereum. Really. One thing that people always talk about when they talk about V Chain are their partnerships. Like they work with BMW, LVMH, Walmart and other huge corporations. But there's something really strange and curious about their partnerships that I want to bring to your attention in a bit.But for now, a little bit more about the chain in a nutshell. Like, of course they're one of those super fast blockchains, right? And in order to do that they use a proof of authority consensus model. I'm not going to get into the weeds here, but long story short, they don't have that many nodes and you got a KYC to run a node, so it's pretty centralized, all things considered. Another key point to note is that they have two tokens, their vet, which is their main one to store and transfer value, and then their V chain Thor token or v Cho, which is used like gas to process transactions.You can fake vets in order to vote and also get the Thor rewards. All right, so I hope that got you caught up to speed real quick. 

Pros and advantages of Ve Chain Crypto Currency

•Looking at the Ve Chain pros and cons, I want to start off by saying I get it. I get why a lot of investors like VeChain, they have huge enterprise partnerships that most crypto projects cannot boast, like with BMW, Pricewaterhouse, Cooper, H &M, just to name a few.

•With most of them using v chain solution for supply chain purposes. They aren't just sitting on their partnerships and chilling though, they are consistently building and improving. I mean, if you look to their GitHub, they had around 3000 commits over the past three years, most of them spread out pretty evenly being pushed every few months. 

•The overarching goal with that is just to improve both the performance and security for all possible network conditions. And all of this great stuff is topped off by their long track record, which is quite valuable in the crypto world because we see so many projects appear just to attract money, and then the teams pretty much just retire. They don't really do anything Besides fade away over time. But the chain has been around for six years now and they've outlasted their competitors for sure. Like Walton Chain, Ambroses Wabi.All of those are pretty much dead in my book. I mean, just look at the price action for those projects. They weren't even able to recover their previous all time highs.

Cons and Disadvantages Of ve Chain Crypto Currency

And there are things I don't like about Ve chain that's make it Disadvantes and Cons of Ve Chain

•It really looks like they lack focus and like to chase new and shiny objects. Instead of doubling down and focus on being the best supply chain management solution out there, they were creating DAPPs and launching ICOs on their network. And now with this year's NFT Craze, they announced their enterprise NFT solution called ENF. And I'm just here wondering, is that even a real use case that's in demand from their enterprises?Or are they just trying to ride the wave of hype like so many other crypto projects do?They should focus on what they're good at enterprise solutions specifically for supply chain management. 

•Another concern I have is just that they're one of those super centralized crypto projects. I mean, I get why they need to be they need to be super fast to support all the enterprise use cases. But here's the thing though. You can use blockchain without having a token.In fact, that's what companies like IBM and SAP offer with their blockchain solutions. And many companies out there would rather use a permission blockchain to keep their data private. So they'd rather work with those companies like IBM or SAP instead of Ve chain. So my point here is just that they have heavy competition and it's not only constrained to the crypto space, and so they're going to have to be even better in order to succeed long term. 

Ve Cahin Partnerships 

And that is, are VeChain's partnerships even meaningful? Like it's really hard to find information about this. Yes, they have their master list of partnerships with dozens of companies, but many of them were just pilots or proof of concepts. That was done years ago with no updates as to if they ended up adopting the solution and are using it on a consistent basis. For my estimation, the answer to that would be no, that few of them moved beyond the initial testing that was super hyped up when they were first announced, and that there's no mass adoption or usage by these partners that we'd otherwise be led to believe.

Another open question people have been asking is what's the role of the Veachain token in these partnerships? Because that's ultimately what would impact Price. And the nature of these partnerships are very hush and protected by NDAs, so we don't know if they're using some other products and services that VeChain has developed and calling that a partnership, even though it has nothing to do with the blockchain nor their tokens. I didn't want to just leave it at that though. So I went and researched further and asked on their forums about all this, and someone shared with me this site, which is their Block Explorer.

And if you click on the transactions tab, you can see Walmart, China DNV and Shanghai Gas actually using it for transactions daily. 

Ve Chain Price Predictions |Can Ve Chain Reach 1$ In 2022 ,2023,2024 and 2025.

Also Read - Can Doge Coin Reach 1$ in 2022, Doge Coin Price Predictions 

VeChain Coin Price Prediction 2022

After that, the VET Price Prediction of 2022 clearly shows that the coin will be open at $0.15 and then the price again fluctuates a lot. At the end of the year, the coin will be going up to 0.5-0.6$  that engages people to get a very better rate of profit by investing in it.If something positive happens in market it may possible to reach 1$ .but again it will fall down.

VeChain Price Prediction 2023

In the year 2023, the price of the coin will be open at $0.5-0.55 and then it will go down while reaching the end of the year. The price will drop up to $0.3 which is quite interesting as it will not give a very heavy loss. 

VET Price Prediction 2024

After that, the price prediction of VET in the year 2024 will open at $0.5-0.6, and then it will go a little more down which makes it a pin in the eye for the traders. At the end of the year 2024, the price of the coin will go up to $1.5. It is a good project .So You can invest in it for a long period of Time.

VET Coin Price Prediction 2025

Ve Chain coin will show the biggest growth and boom in the market. Everyone gets curious to see the price of this token as it will astonish every trader who is planning to invest in it for a long time now. We are sure that it will hit a very real price mark in the year 2025 cross 2 $ by the end of the year 2025.

Also Read - • Can Doge Coin Reach 1$ in 2022, Doge Coin Price Predictions 

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Ve Chain Crypto coin ,Ve Chain Price Predictions , Ve Chain pros and cons, can veChain hit 1 Dollar