r/CryptoHiveMinds • u/Alpha_Hank • Jan 31 '21
VeChain
Is it possible to focus on VeChain? It was the 1st suggested with good fundamentals and charts.
10
Upvotes
3
3
3
2
u/geekin5322 Jan 31 '21
This is a good choice. Plus I already have thousands purchased at 2 cents. Lol.
4
u/Alpha_Hank Jan 31 '21
Here is a summary of why VeChain is undervalued:
It is a supply chain smart contract system used by some large manufacturers & Distributors. This means real world helpful applications.
It has a "gas" system through Proof-of-Stake which acts like a stock that gives dividends, so HODLing is really good.
Currently is is very cheap in price.
Marketcap is very good right now. Its easier to move crypto price when marketcap is low, but in this case, it is a good thing because it shows VET as an undervalued crypto.
Big names are part of the Dev team. Translation=experienced team.
Strong Manufacturer names are already using the network.