Imagup General Magazine 2024
2020 and 2024 are probably the most turbulent years since the end of WWII. However, we are not going to talk about the disaster that happened this year. We would rather focus our energy on the future and try to remain as optimistic as possible.
Many people at this moment feel financially unstable. For instance, who would say that tourism is going to stop functioning at once? It was one of the most stable business industries in the world. That is the reason why many investors are looking at the most modern alternatives, and one of those alternatives is definitely cryptocurrency.
We know that most people are talking about Bitcoin, the strongest crypto in the entire world. But, no one says that is the only option people have. For instance, who says that Cardano is not a good alternative as well. You can check here the price changes in real-time and see that, just like Bitcoin, this crypto has many ups and downs. If you gain the necessary experience, then you can be sure that investing in Cardano can be quite profitable.
Cardano is only one example of crypto that you can invest in for a relatively small amount of money. We will not continue this list with the number of other altcoins that deserve your attention as well. In this article, we would only like to focus on one – Vechain.
Has Vechain Experienced Price Changes?
At the beginning of this year, the price of all digital currencies started to jump. Indeed, things are not currently perfect, but that doesn’t mean the same scenario won’t happen once again by the end of the year. Anyway, the highest price of Vechain was 27.8 cents in mid-April of this year. Today, the price of one Vechain is 0.07 dollars.
At first glance, some people would say this is a disaster. This might be the truth for people that didn’t sell their tokens on time. However, for people that are planning to buy them in the future, this can be a pretty profitable investment. For a small amount of money, you can buy a bunch of tokens and optimistically follow the price changes until the end of the year.
But, we are sure it is not enough for you to hear “invest in Vechain”. Because of that, we would like to give you some additional information and try to explain why investing in this digital currency can pay off in the future. Let’s go!
First of All – A lot of Experienced Crypto Investors Are Optimistic
We do not want to send the wrong message here. No one on the planet Earth can tell you that Vechain or any other crypto will grow in the future. However, the experience that some investors have can serve as a good source of information. Because of that, we would like to highlight some of them.
Wallet Investor, for instance, believes that the value of Vechain will reach $1 in the next 3 or 4 years. When we talk about Digital Coin Price, they are a bit more “careful”. They predict the price of one Vechain token is going to jump to 0.15 by the end of this year and up to $0.35 until the beginning of 2025.
In the end, it is also good to mention that Coin Price Forest also shared certain analyses. They believe that, by the end of this year, the price of one token is going to be around $0.30. Of course, neither of these opinions is completely legit, and we do not recommend you consider them as predictions. These are just opinions of the leading crypto experts and nothing more than that.
Vechian Gains Massive Popularity Every Day
Another thing we need to mention about the Vechain is its popularity. Believe it or not, from the beginning of this year, the popularity of Vechain has abnormally jumped. There are a few good reasons why we have this type of scenario.
First of all, as you might know, this platform supports the supply chain management of different business processes. The goal that Vechain crypto has is to simplify the supply chains via the so-called DLT (Distributed Ledger Technology).
Another reason why the popularity is growing is the collaboration with different companies. Businesses from different industries showed a strong interest in the chain data and tracking solution that this platform offers. That is probably the reason why many investors still consider Vechain perspective.
The list of companies that are using the technology of this type is long. Some of them are Walmart China, BMW, and others. Imagine how important it is to see that crypto connects some of the business giants from all parts of the world. Many investors believe this will only boost the popularity of this crypto which will automatically cause price growth.
Its Price Is Relatively Low Currently
We know you are impressed with the popularity of Bitcoin. Even people that are not too familiar with the crypto world have probably heard about it. However, if you want to invest in BTC, you will have to prepare a decent amount of money to do that.
It is not the point to invest all of your savings in crypto that constantly goes up and down. Instead of that, you should focus on investing in those cryptos that still do not have a high value, but have a huge potential to grow. One of those cryptos is Vechain without any doubt. Even if you make a mistake, there is no reason to regret it. You won’t lose a lot of money while you will definitely get some valuable lessons that will help you in the future.
Final Thought
We have highlighted three main reasons why Vechain is going to be a good investment in 2024. All the investors (experienced and inexperienced) hope that predictions will become reality soon. However, once again, we suggest you pay more attention to your own education more. Read everything you can, follow the changes on the market, and ensure you are making the right decisions. Don’t invest the last penny if you are a complete beginner. Instead of that, start small and try to figure out how everything is functioning. Of course, read the news and regularly follow the progress of Vechain. You can get some useful information there as well.
