VeChain (VEN) News: VEN price increased after a drop in this week. On January 24th, the market capitalization was increased suddenly high from $2.1 billion to $3.4 billion. Though, the price value of the coin went down during that time. Then it got up again within a couple of days from $6.00 to $7.66 in one day on 26th January.
VeChain is one of the biggest blockchain networks in the market, which is designed for information and products. At present, it is the 17th most valuable cryptocurrency in the world. One of the promising ICO platform for the decentralized transaction as mentioned early in the products and information.
Just an hour before, VeChain updated official announcement on their work, It reads “We will be doing a series of internal testing on the website/server in preparation for the upcoming rebranding event through out early February. So please don't worry and stay tuned for a new start.”
For the newcomers (new investors): VeChain had a partnership with the many influential companies because of their promising future. They had a big group of companies behind their projects such as Microsoft, Hyperledger, PwC, Renault, DNV GL, China Unicom, Jiangsu Printed Electronics Co. Ltd, Hubei Sanxin Cultural Media Ltd, and more.
- VeChain (VEN) is an ERC20 token as it is based on the Ethereum smart contracts mechanism.
With the help of following exchange websites, you can buy and sell VeChain. Binance, Liqui, QRYPTOS, Huobi.pro, HitBTC, VNBIG, Kucoin, BigOne, Lbank and COSS are the list which all having the facility to trade on VEN.
If you are the longterm investor mean, then store your VEN coins after buying it at best wallets such as MyEtherWallet, Parity, Ethereum Mist DApp, Ledger Wallet, MetaMask, Trezor, and Ledger Wallet.
At present, it is $6.36 with the market cap of more than $2.9 Billion.