VET Breaks Major Trend Line, Why VeChain Could See Massive Explosion
VeChain (VET) is on the move with a 10.3% and 51.4% profit in the daily and monthly charts, respectively. As of press time, the cryptocurrency trades at $0,13 and could further gain due to recent developments. After recording a potential bottom on October 20th, VET experienced a breakout to the upside, as analyst Justin Bennett claimed. Related Reading | VeChain Foundation Announces Vote To Implement Upgrade, Bullish For VET? With the Bitcoin season inaugurated, the first crypto by market cap has been taking liquidity from the altcoin market. In that sense, VeChain could have found a....
Related News
The VeChain ecosystem is expanding at a fast pace. Their first decentralized exchange (DEX) and automated market maker (AMM) called VEX will launch their governance token with the same ticker next week on November 9th, 13:00 UTC. Related Reading | VET Breaks Major Trend Line, Why VeChain Could See Massive Explosion In addition, the team behind the DEX announced that they will rollout a yield farming program. To be deploy at the same time as the governance token, the yield farming program for the VEX/VET pair could offer users a new opportunity to maximize rewards. Launched in 2019,....
VeChain has been able to preserve its current levels as the crypto market loses steam. The sector has seen a recent bullish price action which has led the price of VET and other digital assets to a yearly high. Related Reading | Why VeChain (VET) Could Be On The Verge Of A 40% Rally At the time of writing, VeChain (VET) trades at $0.083 with a 13% and 80% profit in the last day and 30-days, respectively, according to data from CoinGecko. Two weeks ago, NewsBTC reported a potential 40% rally for VeChain. Based on an analysis from Justin Bennett, the cryptocurrency was on the brick of....
Up 150.3% over the past 14 days, VeChain (VET) trades at $0,23 with 15.6% and 84.4% profits in the daily and weekly chart, respectively. In addition to the rally, the company celebrated a major milestone that could give a new impulse to its corporate adoption. Via its Twitter handle, the VeChain Foundation announced VeChain was […]
The crypto market successfully bounced from support with major cryptocurrencies recording profits over today’s trading session, VeChain (VET) follows the general sentiment. The cryptocurrency has been able to preserve some of its gains from yesterday’s session and seems poised for further highs. Related Reading: Bitcoin Sees Massive Decline In On-Chain Activity At the time of writing, VeChain (VET) trades at $0.023 with a 2% profit in the last 24 hours and a 5% profit over the past 7 days. In higher timeframes, the cryptocurrency records significant losses, but in the short term, this....
VeChain has been among the best performers in the crypto market on almost every chart. VET has posted an increase of over 2,800% in one year. Part of the reason for its rally has been the numerous partnerships that it has consolidated and VeChain’s team continues to advertise. The Strategic Advisor of VeChain, Jackson Fu, […]