VeChain (VET) and Chainlink (LINK) are the two of those few digital assets which are trading in green in a very uncertain market. These are two of the improving cryptos in the market whose future looks brighter ahead.
The crypto market has been pretty tricky and uncertain. The market since the new year’s start has been blistering, at one instance its bearish and the very next moment its bullish, completely unpredictable.
VeChain (VET) has flourished in the industry with some positive developments in the recent past. It has a comprehensive governing system and uses an advanced technology which includes Proof of Authority, State-of-the-art IoT Solutions, Built-in governance Tools, Flexibility for the Real Enterprise Use, Sidechain Capability, and High Scalability. All these modern-day updates help the VeChain network to grow swiftly. VeChain’s major project for this year is to work on the expansion of VeChainThor Ecosystem.
Apart from what it has to offer to the users, as an investment VeChain is pretty good option. The long-term progress of VET looks pretty solid and as a long-term investment option it is a one of the best cryptos to go with at the moment. VeChain (VET) has performed constantly in the market and the low price of VET makes it a perfect choice for investment. At the time of writing, it is trading with a price of $0.004 USD.
Chainlink (LINK) is one of the developing digital networks there in the market, which uses smart contracts that allows the users to perform tamper-proof agreements. This system provided by smart contracts is one of the most reliable and secure.
Looking at the market performance, Chainlink is one of the highest trading cryptos today (12th January 2019). At the time of writing, it has surged up to 12% in the last 24 hours with a trading price of $0.43 USD. Currently, it ranks at 35th spot and it is still improving in the market.
As far as the investment is concerned, going for the short-term Chainlink (LINK) proves to be the best option at the moment. It can really be a healthy ride for the short-termers. It has been one of the most successful cryptos and the chart shows that it has been constantly rising up. So, for short-term instead of going with VeChain, inventors should go for Chainlink, but for those who can HODL it for a long time, VeChain is a better choice to go with.
So the overall comparison is that VeChain (VET) is a better long-term investment option than Chainlink (LINK). VeChain has also been progressive in the last year, whereas, Chainlink is still growing. But it depends on the investor’s comfort level, whether to go with VET or LINK.