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news-imageAugust 20, 2024

VeChain, The Graph, Injective bounce as crypto sentiment improves

Several altcoins rose on Tuesday as cryptocurrencies strengthened amid the latest recovery efforts. Amid these gains, VeChain (VET), The Graph (GRT), and Injective (INJ) have managed decent gains in the past 24 hours to rank among the top-performing alts.
Publisher: Invezz
Sentiment: Positive
GRT
INJ

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VeChain (VET) has earned its place as one of the most innovative blockchain projects, focusing on improving supply chain management and enhancing business operations through blockchain technology. As VeChain continues to gain traction with prominent corporate partners, many investors are eagerly asking: what is the future of VeChain's price?

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Injective, the VC-funded layer-1 blockchain, continued its uptrend as community members voted in favor of the new Injective 3.0 upgrade. Injective (INJ) rose for six consecutive days, reaching an intraday high of $26, its highest level since Dec. 18.

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Aethir and Injective Announce Partnership to Create Tokenized GPU Platform

TL;DR Aethir and Injective have partnered to create the first-ever tokenized marketplace for GPU computing resources, aiming to democratize access to GPU computing for AI development. The marketplace will feature fractional ownership, real-time resource trading, smart contract integration, and global accessibility, enhancing efficiency in the AI and blockchain sectors.

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VeChain Soars 10%: Bullish Breakout Analysis

VeChain [VET], a prominent player in the blockchain space, has captured the market's attention with a sharp 10.4% surge in its price. This impressive breakout from a bullish pennant pattern signals a potential continuation of its upward trend after a period of consolidation.

Positive
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VeChain Price Predictions for 2024 to 2030: A Bright Future Ahead

VeChain (VET) has carved out a significant niche in the blockchain world, specifically in the area of supply chain and logistics. By providing decentralized solutions to businesses for tracking goods and verifying product authenticity, VeChain has managed to attract partnerships with high-profile companies such as Walmart China, BMW, and Microsoft.

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