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Scott Melker Thinks VeChain is a Better Bet in the Crypto Space

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  • Scott Melker says in an interview with Fox that VeChain is one of the better bets.
  • VeChain was also affected by the recent price dips in the market.
  • Back in April, VeChain hit a new all-time high of $0.27.

Scott Melker, the crypto influencer that dubs himself as “The Wolf Of All Streets” on Twitter thinks that VeChain may be a good bet. In a video posted on Twitter, Melker was asked the question “everyone’s tweeting about VeChain, any thoughts?”

According to Melker, Vechain is:

one of the better bets in the crypto space.

In an interview with Fox, Melker said that VeChain is an incredible company as they enhance supply chain management. In his statement, Melker mentioned that the platform can solve problems for many big companies and institutions.

Back in April, a Twitter poll with more than 140 thousand participants was asked which asset was undervalued. The majority answered VeChain.

A few weeks after that, VeChain hit a new all-time high of $0.27. Because of the news that the VeChain testnet performed very well, some analysts even predicted that it may go to 1 USD very soon.

However, as the crypto market crashed mid-May, VeChain was also one of the assets that were affected. At the time of writing, coin information websites like CoinMarketCap reports that VeChain (VET) is currently trading at $0.11.

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Joseph Joestar is a CoinQuora contributor. He works in various blockchain marketing content projects, specializing in written content such as technical whitepapers, press releases, and articles.