One of the most popular cryptocurrencies many investors haven't heard of, VeChain (CRYPTO: VET), had quietly worked its way to a top-25 spot in the crypto world as of early November. However, since hitting its all-time high in April of this year, VET has lost approximately 40% of its value.
In some ways, the stock chart of VeChain looks similar to various meme tokens that have surged, and fallen, before surging again. There's some market-related sentiment to be factored in for all cryptocurrencies. However, VeChain is unique in that this network provides utility that other networks simply don't. Right now, VET is a token I'm seriously considering as a token, due to this real-world utility.
Let's dive into a few reasons why this token is near the top of my watch list right now.
Source Fool.com