Topic: Vechain price spike by 6.35% in a Bear market (Read 153 times)
Vechain topping the chart https://www.coingecko.com/en +30% in the last 7 days!
A 6% increase in 24 hours I think it's normal for me to see on Coinmarketcap within 24 hours a coin increase of more than 7% is this what makes you proud because you profit in 24 hours?
VET is indeed a very good coin for us to trade in the near future or in the long run by having a strong business so VET will hold many people.
VET is indeed a very good coin for us to trade in the near future or in the long run by having a strong business so VET will hold many people.
Guys chill. He is probably trying to promote the coin by saying that it gained 6.35% profit in 24 hours. Although 6.35% is not bad, it's not good either considering how the cryptocurrency market moves and how volatile our market is. Looking at the market history of this coin, I can say it did gain some significant value from the start of this year up to this month.
I remember times when people got disappointed when they got 50 percent over night. In my opinion, 6 percent is less than an average increase and we will see what happens with price within the next week and I bet it will fall by 5 or 10 percent.
There is VET margin trading in binance. If you think it is too high, borrow and sell VET.
Let's stop hyping any coin when it's increasing a few percentage out of this market. Whether it's a bear or bull market, it doesn't matter at all. And what's the chart you're looking at? coinmarketcap? how long this increase has retained?
As I can see right now, Vechain is starting to drop again and having a bloody day again.
As I can see right now, Vechain is starting to drop again and having a bloody day again.
6% rising means nothing in cryptocurrency, it doesnt mean that coin is good or any good positive thing
if you look at cmc price, VET already lose -57.13% value all time
which is still far from last 6% rising. and that is low effect in alt-cap
in the next altseason you will understand how crazy altcoin rises
if you look at cmc price, VET already lose -57.13% value all time
which is still far from last 6% rising. and that is low effect in alt-cap
in the next altseason you will understand how crazy altcoin rises
It looks that veechain is heading toward the bullish trend again. I have been watching the all history chart of veechain and this increase has already proven if that will be a true story.
maybe for some people 6% is not a lot and they want more, for me that amounts very good achievement consider im a holder of veechain.
maybe for some people 6% is not a lot and they want more, for me that amounts very good achievement consider im a holder of veechain.
If it will be based on a 24hr change then there might be a thread for Grin and KMD now as as of now they're able to get a +20plus change in CMC now. Anyway, it might be due to hype or for some of their updates. I understood OP excitement as we were once became too happy too when we have holdings or that coin that are increasing especially back in 2017 bull trend that every minute it goes higher, but since in these days it's hard for some alt to gain investors. Honestly up to days I still get excited sometimes when my coins are increasing without any news or hype happening especially if I just based on chart my analysis.
BNB too had an impressive growth within the last 24 hours. They grew over 5% to reach $21.3 from $19.3 within a few hours.
But I'm afraid these price rises are not permanent as there are multiple price spikes and fall everyday but watching these coins change in a different direction than where bitcoin is heading hints that the altcoin market are now being independent of bitcoin's price movement to some extent.
But I'm afraid these price rises are not permanent as there are multiple price spikes and fall everyday but watching these coins change in a different direction than where bitcoin is heading hints that the altcoin market are now being independent of bitcoin's price movement to some extent.
So a +6% rise in price is now something to get excited over? I remember the days when we used to see +200% rise in a single hour from numerous coins and it is a sad fact to see that it has deteriorated to the extent where a +6% rise makes the news, I just hope we get back the altszn fast before it gets to the stage where we start analysing every +0.5% increase in price.
Anyways if you want to speculate about price of tokens , you should move this topic to the Altcoin speculation section of the forum: https://bitcointalk.org/index.php?board=224.0
Anyways if you want to speculate about price of tokens , you should move this topic to the Altcoin speculation section of the forum: https://bitcointalk.org/index.php?board=224.0
You make a solid point. 6% isn't bad but it's nothing to write home about. You used to see 6% gains on some coins as fast as you could refresh coinmarketcap on your pc or phone during the great 2017 bull run.
I love the volatility. Bring it back. I don't want to live in a crypto trading world where as you said we are micro speculating on tiny swings like the current stock market.
Also props calling out all the speculators on this board.
So a +6% rise in price is now something to get excited over? I remember the days when we used to see +200% rise in a single hour from numerous coins and it is a sad fact to see that it has deteriorated to the extent where a +6% rise makes the news, I just hope we get back the altszn fast before it gets to the stage where we start analysing every +0.5% increase in price.
Anyways if you want to speculate about price of tokens , you should move this topic to the Altcoin speculation section of the forum: https://bitcointalk.org/index.php?board=224.0
Anyways if you want to speculate about price of tokens , you should move this topic to the Altcoin speculation section of the forum: https://bitcointalk.org/index.php?board=224.0
VeChain is a blockchain-based enterprise supply chain solution to improve the business process. VET is the VeChain token that is utilized as a token of significant worth. VET can be utilized inside VeChain’s blockchain. VeChain has been seeing enhancements in its price from the most recent couple of days and an abrupt ascent of over 6% inside 24 hours has been astonishing.
Source: TheCoinRepublic
Source: TheCoinRepublic
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