Tag: VeChain (VEN)

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Crypto News

VeChain vs. Ripple (XRP) – The Ideal Choice for New Investors

Investing in the cryptocurrency market is risky business because you never know when the market will go on an upswing or crash. This is why so many people get interested in investing money in altcoins, especially since there are so many stories about people who made good investments and got rich overnight. Seeing how the market is so highly volatile, we advise people to only invest sums that they can afford to lose and to invest in projects that they believe in.

VeChain vs Ripple

Investing in huge cryptocurrencies such as Bitcoin and Ethereum is considered to be a “safe bet”. However, a Bitcoin token is currently worth $6,729.00 which makes it difficult for people to invest money that they can afford losing. Here is where VeChain and Ripple come in.

VeChain and Ripple are great for new investors who are looking to expand their portfolio and get involved in the cryptocurrency market because their tokens are affordable with VeChain being priced at $3.22 per token and Ripple at $0.537489. With that said, lets see what these cryptocurrencies are all about.

Ripple (XRP) is Focused on Banks

The thing that makes Ripple special is the fact that it focuses on allowing banks to transfer currencies between each other. Ripple is currently partnered with more than 100 banks and it can transfer funds on a global scale in a matter of seconds. Things get even better than this since Ripple charges $0.0004 XRP per transfer which is basically free.

VeChain

Unlike Ripple, VeChain is not trying to get banks to use it and instead of that, VeChain’s goal is to connect blockchain technology to the real world. VeChain features advanced IoT (internet of things) technology which makes it ideal for developers who are looking to introduce blockchain technology and cryptocurrencies in real world applications.

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Crypto Finance News

Verge (XVG), NEO and VeChain (VEN) are Fighting Against the Crypto Market

The crypto market peaked at the beginning of the year. That period was an amazing one for all coins and they reached the highest prices. However, after that period, things became tough for the entire market.

However, among all those coins there are three of them that manage to stand out. NEO, Verge (XVG) and VeChain (VEN) are up even in these difficult times.

Verge (XVG)

Verge went up 6.03% in the past 24 hours and it is has reached the $0.068625 price. Experts believe that Verge is planning some big moves and we will hear more about this coin the future. Verge is the 20th largest cryptocurrency at the moment, and it is known for that fact that it is secure and anonymous.

Recently Verge managed to fork successfully, which could explain why the coin became more popular lately. It remains to see what the future holds for us.

NEO

NEO went up 7.52% in the past 24 hours and the current price for it is $51.36. One of the reasons why NEO price rose might be its European tours. There will be meetups and workshops in some of the most important European cities.

The tour will take place between April 14th and April 26th. This could have numerous benefits for NEO, as users will have a chance to learn more about the NEO community.

VeChain (VEN)

The current price for VeChain is $2.66, up with 5.33% in the past 24 hours. The lowest point for VeChain was $2.42, but it appears that the coin is finally on its way to recover itself. Another advantage for VeChain is the fact that it has been recently named one of the top 10 blockchain solution providers in 2018 by APAC CIOoutlook.

Categories
Crypto Finance News

VeChain (VEN) Seems to be the New Trend in the Area of Crypto Investments

The cryptocurrency is living hard days. Since the beginning of the year, virtual coins constantly dropped, so now their value is much lower than it was in 2017. Since the first quarter of 2018 is over, we can say that fluctuations can have a negative influence over crypto, so certain stability is necessary for putting things back on track.

Although in the last days the cryptocurrency has started to grow, reaching almost $0.5, we cannot say without a reasonable doubt that the situation will go on like this. Anything can happen in just a few minutes, so let’s not take anything for granted yet.

Things can go better if you make smart choices

Now, we know for a fact that the price of some cryptocurrency is much lower than it was at the beginning of 2018. Just to give an example we can say that Bitcoin (BTC) can only be traded at half of the price from January. The situation is the same with most of the virtual coins, except one – VeChain (VEN).

While others were struggling to stay on the surface, VeChain managed to grow its’ price. In the last months it has reached a point when it is worth 14% more than last year at the same date and this is a notable progress considering the actual circumstances. Now is a good time to buy it, because you can pay it at a discounted rate and you can trade it for more money than you could last year.

If you want to buy it, now it could be a good time to do it. Soon, a live platform will be launched and you will be able to buy and make live operations with VeChain. This is possible because the owners have experience in using technology; before it became a crypto coin, VEN was a smart chip.

It can be a good idea to buy VeChain crypto coins, but before you do that look for more information and see if you are ready for this step.

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