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VeChain has taken a significant step forward by introducing the Blockchain Biosphere, marking a major advancement in global sustainability endeavors. This network of interconnected ecosystems is designed to address various environmental challenges, showcasing VeChain's commitment to revolutionizing industries and contributing to a more sustainable future.
In the ever-evolving landscape of cryptocurrencies, crypto analyst Raidenx has turned the spotlight on VeChain (VET), presenting a bullish outlook that defies the prevailing sentiment surrounding this “old coin.” In contrast to the common belief that VeChain has limited growth potential, Raidenx's analysis paints an optimistic picture.
Bitcoin price had a strong performance in 2023 amid a confluence of several factors. The coin started the year being fundamentally undervalued after facing several headwinds in 2022 like the collapse of FTX and Terra.
In a remarkable display of bullish movement, the smart contract blockchain VeChain, and its native token VET have emerged as significant players in the altcoin rally, experiencing an impressive surge of 77% since the end of November. Over the past seven days, VET has recorded a substantial 33.5% increase, with an additional 5.4% surge in the past 24 hours, propelling the token to reach a new yearly high of $0.03806, a level unseen since May 2022.
For about a week, the VET price traded within a consolidated range, fluctuating between $0.02072 and $0.02313. After this period of consolidation, the bulls took control, leading to a breakout from this range.
The VeChain price continues to trade sideways amid increased price volatility in the crypto market. The coin displayed a notable run during the past week by adding over 36% to its portfolio. Moreover, the VET price has recorded a new yearly high during the early trading hours today, indicating a bullpower in the market.
Former Google engineer and renowned Bitcoiner Vijay Boyapati indicated possible effects of Bitcoin ETFs for retail investors. If approved, the new product might streamline the process of getting exposure to the largest cryptocurrency in many ways.
VeChain (VET) has made a striking comeback, reaching a high of $0.041153 in early December 2023, marking an 84-week peak and a remarkable 180% increase from its September low. This surge has reignited investor optimism for the project's potential revival.
VeChain Price Prediction: VET crypto is
Altcoins, or alternative cryptocurrencies, have been experiencing a cyclical upward trend in their prices, and VeChain (VET) is showing potential as the next possible winner. On Tuesday, December 19, the price of VeChain (VET) rose by 7%, surpassing a critical resistance level at $0.033.
Altcoins have been undergoing a cyclical price rally and the next potential gainer could be VeChain (VET). On Tuesday, December 19, the VeChain (VET) price surged by 7% moving past its crucial resistance of $0.033.
VeChain records a new yearly high in December, stoking investor hopes for a revival in the project.
The combination of favorable market indicators and strategic collaborations positions VeChain for continued positive momentum in the foreseeable future. In the ever-changing world of cryptocurrencies, VeChain (VET) shines bright with its impressive growth.
A crypto strategist thinks that one altcoin that's trading under the radar could repeat its mid-2020 price action en route to printing massive gains. Analyst Ali Martinez tells his 35,900 followers on the social media platform X that supply-chain management blockchain VeChain (VET) looks poised to break out of its immediate resistance at $0.033.
VeChain (VET) filed a financial services trademark in July this year, covering various cutting-end offerings, including crypto trading, digital tokens issuance, and acquisition of virtual coins. With the multiple cutting-edge financial services, approving this trademark could make VeChain's ecosystem ISO 20022 compliant, positioning VET to dominate the trillion-dollar payments industry.
Popular crypto analyst EGRAG just predicted a massive 7,500% rally that will send VET soaring to $2.3. VeChain (VET) is currently trading at $0.02945, but according to this analyst, the crypto is set for a price growth that would send it on a price growth into three sequential price targets.
Recently, VeChain (VET) has been consistently going up, showing a growth rate of over 45% in the last 30 days. Notably, some well-known analysts in the crypto community suggest that the remarkable performance of VET so far might just be the beginning, hinting at even more significant growth in the upcoming weeks.
Swiss hardware wallet provider Tangem is making it easier for people to use the VeChain network by integrating with it. This exciting development is planned for January 2024, promising a big boost to the wallet's features and offering VeChain holders more possibilities.
In a move poised to reshape the landscape of cryptocurrency storage, Swiss-based hardware wallet giant Tangem unveiled plans to incorporate VeChain support into its renowned card-shaped hardware wallets, set to go live by January 2024. This integration marks a pivotal moment for over one million users of Tangem's popular hardware wallets, enabling them to securely store VeChain alongside their existing crypto assets.
Exciting news from Tangem! The Swiss company that makes hardware wallets announced on Wednesday that they're getting ready to support the VeChain network.
VechainThor blockchain is the preferred Layer-1 blockchain for Web3 and enterprises. Vechain mixes the blockchain and smart chip technologies for tracking items.
Mantle, currently priced at $0.53735687, has exhibited an impressive surge of 42.66% within the past month. Operating on a significant supply base of over 6 billion tokens, with nearly half in circulation across 27 markets, Mantle showcases an active presence in various trading spheres.
Crypto summer is just around the corner, and these undervalued cryptos to buy in December will help you hit the bull run running.
VeThor (VTHO), an ecosystem token on the VeChain blockchain, has seen a massive surge in the last 24 hours, gaining as much as 60%.
