Cryptocurrency is the one of the fastest growing market in history and in my opinion it is the technology which is here to stay Which means that it is just started and their is a lot of money to be made.
So in this blog I will tell you about the cryptocurrency that I believe will grow drastically in this year.
Now one of the most important think you look for when investing in a coin is room for growth.There are tons of good coins like ethereum or neo which I do hold stake in but they are high on the chart for the total market cap,which is essentially the total amount people has invested in a single coin.
The total market cap can give you the idea how much the coin can grow,it is much harder for ethereum to give you hundred percent return which will double your investment because it will require market cap to increase by other 135 billion$.
On the other hand if you invested in a smaller coin that only has only 1 billion market cap you can easily 5 times or even 10 times your investment if it ever reaches the top 20 coins and that brings us to the coin that makes up about 80 % of my portfolio the VeChain.
VeChain currently sits at 31 in regard to market cap which means there is ton of room for growth.If it manages to reach top 10 you will have 5 times your initial investment.
Now what is good about VeChain and why am I so confident that it will become top 10 coin,well VeChain started of addressing the problem of counter fitting. The luxury industry have a great problem with knock off weather it is hand bag ,jewelry or even a cigarette,there are a lot of counterfeit products out there.So VeChain offers a solution to this ,if the companies attach a little chip containing vechain on to the products the customer will be guaranteed what ever they are buying is authentic.
https://www.coinbureau.com/review/vechain-blockchain-solution-counterfeits-fakes/
VeChain does not only solve the problem of counter fitting ,the interesting thing about this coin and their team is they are constantly expanding on different problems that the coin can solve.Here is an example lets say that you are in the sushi industry,when it comes to sea food the transportation and delivery of the food is very important ,it is very important to maintain the temperature and humidity of the fish during transportation .Now the problem is that it is very hard to check the temperature and humidity of the fish,and here is where VeChain comes in you can use VeChain to monitor the temperature of your fish on the truck throughout the trip as well as where is fish from and this can be applied to any product.
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WHO IS ACTUALLY INTERESTED
How many companies are actually interested in using these solutions,what is the point of having a good product if their are not any buyer.
well here is the interested thing Vechain has the tremendous amount of partnerships a lot more then top 10 market cap coins.Ant they are not small companies they are gigantic these are the companies that make tens of billions of dollars in revenue every single year.
Here are some of there verified partners.
1- Kuehne Nagel(the world,s largest global transport company)
2-DNV GL(responsible for renewable energy)
2-CHINA UNICOM which is the largest mobile service in the world.
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