A proper let down of an article with all the information pre 2018 and nothing remotely new. I am rather critical of crypto articles especially when you obviously know more than the author and is clueless of where this is heading.
Today I read an article highlighting the VeChain titled Driving Real-World Impact! and I was hoping to see some new updates. There were none and some of the information was so old one of the biggest users is no longer using the VeChain. When this type of thig happens the article loses all credibility and you wonder why people even bother.
I have been invested in VeChain (VET & VTHO) for a number of years now and it is not because of what is being highlighted, but more about what is not highlighted. This is one crypto project that does not rely on shilling and blowing it's own horn, but rather surprisingly stays quiet.
The article mentioned 8 notable partnerships which was incorrect as previously stated it is now 7. Either this person has done no research which is highly likely using old information which disappointingly is not anything new and my feeling is people should rather just keep quiet because an article like this does more harm than good.
Most crypto projects have some sort of development ongoing with the occasional announcement updating their investors what has been going on. The VeChain does the total opposite and why many get the idea the chain is dead which is so far from the real truth.
The VeChain is working as it should and yes real world companies are using the blockchain every single day which is more than what 99% of other crypto project have going right now. The numbers are nowhere near big enough to make an impact on the price because roughly 36 million VTHO are created daily. The VTHO token is created by the number of VET tokens in circulation and is the token that pays for transactions on the blockchain. The burn rate is poor fluctuating between 100K VTHO and 200K VTHO daily which will change late next year.
As I have mentioned numerous times before this investment holding VET and VTHO is not for now and is a slow burner which will only come alive in January 2026 when CBAM is officially live. I am no fan of the Carbon Border Adjustment Mechanism and the new taxes that will be imposed, but I am also at the same time happy to make profit of this narrative knowing this is not going away. This will be big news and this crypto project is still well under the radar as an investment because there is no news.
This was a $0.28c token back in November 2021 so is roughly 13 x off it's ATH. VTHO is roughly 28 x off it's ATH and possibly why for now I favor VTHO more than VET.
If the price of VET drops below 2c which is possible then I will be loading up some more but there is no rush with this one as there will be no new announcements creating FOMO. The price will rise with the normal Bull Cycle following Bitcoin and if you have some stake here be patient and wait for 2026. The next crypto cycle I believe will all be about crypto projects that have genuine real use cases and VeChain has plenty.
Posted Using InLeo Alpha