VeChain climbs 28%, VeThor pumps 43% – But is a correction here?
VET and VTHO registered massive price hikes in the recent past, but their fates may be different.
Keep up with what's happening in the crypto world in real-time.
VET and VTHO registered massive price hikes in the recent past, but their fates may be different.
Coinbase, one of the leading cryptocurrency exchanges, has announced a new listing as part of its ongoing expansion efforts. This latest addition comes on the heels of a series of listings aimed at broadening Coinbase's offerings and enhancing its appeal to a wider range of investors.
Coinbase cryptocurrency exchange platform has expanded its offerings for New York-based customers by adding five new digital assets to the list of available cryptocurrencies. This expansion enables New Yorkers to access and trade NEAR, AERO, VET, VTHO, and PYUSD (ERC-20) on the crypto exchange website and its mobile applications.
VeChain's VET and VTHO tokens are now available on Revolut, enhancing blockchain accessibility.
VeChain (VET) and VeThor (VTHO) prices have gone parabolic in the past few days as investors have embraced a FOMO attitude. VET has risen in the past six straight days and moved to a high of $0.05, which was 100% above its lowest point this year, giving it a market cap of more than $3.
VeChain's layer1 blockchain, VeChainThor, attained a remarkable milestone in ensuring environmental efficiency, recording a low carbon footprint of only 4.46 t CO2e per year. That equals a mere 0.000216 kWh of power per transfer. That showcases the project's eco-friendly approach, with electricity usage representing around 0.004% of other comparable blockchains.
VeThor (VTHO), an ecosystem token on the VeChain blockchain, has seen a massive surge in the last 24 hours, gaining as much as 60%.
In contrast, VeChain (VET) took a different trajectory, experiencing a decline to $0.0248 before bouncing back to $0.028. Despite this fluctuation, the coin, once among the top twenty cryptocurrencies, has witnessed an impressive increase of over 97% from its lowest point in October.
VeChain (VET) and VeThor (VTHO) prices went separate ways on Monday as the recent altcoin rally paused. VTHO went parabolic and reached an intraday high of $0.0030, its highest point since May 2022. It was up by over 76% from its lowest point to its highest level during the day.
Vethor Token Price Prediction: VTHO is having a deep correction after another rejection from the $0.0014 level. The Coinbase listing pump is fading.
In a recent turn of events, VeChain (VET) and its offspring, VeThor (VTHO), have taken the cryptocurrency market by storm, with remarkable price surges following their listing on the popular exchange, Coinbase. These impressive gains have caught the attention of both seasoned investors and newcomers, reshaping the landscape of digital assets.