We all know that Cryptocurrencies are in a bubble right now, and the question everyone is asking is what will happen if that bubble just bursts? No one knows the answer to this question, but analysts can say it this way that “pump and dump” coins will disappear from market and others will survive.
One of those other surviving coins will be Vechain ( VEN ). Infact Ven can take place with the top 4 coins within this year.
Reasons :
High Market Growth Focused.
Main focus of Vechain ( VEN ) is smart contracts, and specialization on ICO’s and DAPP’s, which is infact the most important aspect of Blockchain. Meaning, as the number of ICO’s increases, Vechain is guaranteed to grow due to smart contract platform.
Partnership with Chinese Government
If you are just stepping into crypto world, you should know that in recent news China has been on war with Cryptocurrencies. All this started with a ban on ICO’s and decentralizing cryptocurrency trading. But there are few coins in which Chinese government is interested. Neo and VEN are one of them.
Vechain is partnering with Chinese government on a deal involving Chinese tobacco.
Partnering up with major corporations.
Increase in price of any crypto is highly dependent on Partnerships and their announcements. As soon as any Crypto partners and announces its partnership with any major corporations for any project, price are more likely to rise. For reference you can take example of IOTA, IOTA prices shoots up after its announcement that it was partnering with Mircosoft.
Now you can just imagine any digital currency partnering with multiple Major Corportaions. Price of that particular COIN is expected to rise. Same thing is happening with VEN, as VEN has partnered with multiple major corporations from different industries like health care, real estate and finance.