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#VeChain recorded a 5% intraday drop after failing to cross the 50-day EMA. Derivatives data show weak interest, raising the risk of a $0.02199 breakdown.
As the broader market struggles to find support, VeChain takes a bearish turn around the 50-day EMA, with a surge in selling pressure nearly undermining weekly gains. Will the downtrend break under the crucial $0.02199 support?
Vechain Price Analysis
On the daily chart, VeChain shows a V-shaped reversal, recovering from the three-day crash last week. The bullish trend produced five consecutive bullish candles.
The recovery rally saw five consecutive bullish candles, with the price rising from $0.02253 to $0.02630, a 16% surge. However, the uptrend failed to break above the 50-day EMA, resulting in a sudden 4.87% crash on Wednesday.
Due to recent fluctuations, the MACD and signal lines have flattened despite the earlier positive crossover. Hence, the technical indicators give mixed signals amid increased volatility in VET prices. Notably, the declining trend in the 50-, 100-, and 200-day EMAs signals a bearish long-term outlook.
As selling pressure revives, the altcoin broke below the $0.02471 support level. VeChain extended its losses with a 5.17% intraday drop, trading at $0.02222. Thus, the likelihood of VET retesting the $0.02199 horizontal support has increased.
A potential closing below the immediate support could extend the correction to the psychological level of $0.02000, followed by $0.01974. However, if VET avoids closing below $0.02471, a potential bounce back to the 50-day EMA at $0.02609 remains possible.
VET Derivatives
As VeChain’s bearish trend re-emerges, optimism in the derivatives market takes a significant hit. Open interest dropped 9.48% to $62.85 million, signaling reduced trader interest.
Long liquidations reached $419k, while short liquidations remained below $6k. This reflects a substantial wipeout of bullish players. Consequently, the long/short ratio dropped to 0.8744, indicating an increased number of bearish positions.
#Crypto
As the broader market struggles to find support, VeChain takes a bearish turn around the 50-day EMA, with a surge in selling pressure nearly undermining weekly gains. Will the downtrend break under the crucial $0.02199 support?
Vechain Price Analysis
On the daily chart, VeChain shows a V-shaped reversal, recovering from the three-day crash last week. The bullish trend produced five consecutive bullish candles.
The recovery rally saw five consecutive bullish candles, with the price rising from $0.02253 to $0.02630, a 16% surge. However, the uptrend failed to break above the 50-day EMA, resulting in a sudden 4.87% crash on Wednesday.
Due to recent fluctuations, the MACD and signal lines have flattened despite the earlier positive crossover. Hence, the technical indicators give mixed signals amid increased volatility in VET prices. Notably, the declining trend in the 50-, 100-, and 200-day EMAs signals a bearish long-term outlook.
As selling pressure revives, the altcoin broke below the $0.02471 support level. VeChain extended its losses with a 5.17% intraday drop, trading at $0.02222. Thus, the likelihood of VET retesting the $0.02199 horizontal support has increased.
A potential closing below the immediate support could extend the correction to the psychological level of $0.02000, followed by $0.01974. However, if VET avoids closing below $0.02471, a potential bounce back to the 50-day EMA at $0.02609 remains possible.
VET Derivatives
As VeChain’s bearish trend re-emerges, optimism in the derivatives market takes a significant hit. Open interest dropped 9.48% to $62.85 million, signaling reduced trader interest.
Long liquidations reached $419k, while short liquidations remained below $6k. This reflects a substantial wipeout of bullish players. Consequently, the long/short ratio dropped to 0.8744, indicating an increased number of bearish positions.
#Crypto
$VET 🔥💯🚀
/USDT data you provided:
📈 VeChain ($VET /USDT) Market Pulse – On the Rise! 🚀
💎 Current Price: $0.02566
📊 24H High: $0.02630 | 24H Low: $0.02487
🔥 24H Volume:
🔹 VET: 318.73M
🔹 USDT: $8.20M
📈 Price Change: +2.93% 💥
🌐 Layer 1 Powerhouse | Speed. Scalability. Sustainability.
🕒 Timeframes to Watch:
⏱️ 15m | 🕐 1h | 🔁 4h | 📅 1D
📉 Depth Highlights:
💹 Bulls pushing up to $0.02634
🐻 Bears holding at $0.02563
⚡ Is VET gearing up for a breakout?
Join the action on #Binance and ride the wave! 🌊
#Crypto #VeChain #VET #Trading #BinanceUpdate
/USDT data you provided:
📈 VeChain ($VET /USDT) Market Pulse – On the Rise! 🚀
💎 Current Price: $0.02566
📊 24H High: $0.02630 | 24H Low: $0.02487
🔥 24H Volume:
🔹 VET: 318.73M
🔹 USDT: $8.20M
📈 Price Change: +2.93% 💥
🌐 Layer 1 Powerhouse | Speed. Scalability. Sustainability.
🕒 Timeframes to Watch:
⏱️ 15m | 🕐 1h | 🔁 4h | 📅 1D
📉 Depth Highlights:
💹 Bulls pushing up to $0.02634
🐻 Bears holding at $0.02563
⚡ Is VET gearing up for a breakout?
Join the action on #Binance and ride the wave! 🌊
#Crypto #VeChain #VET #Trading #BinanceUpdate
$VET 🚀 VeChain (VET) is NOT sleeping. It’s quietly building.
The next wave is coming — and smart money knows it. 📈
With real-world use cases, enterprise partners, and the July 2025 Renaissance Update on the horizon…
VET is about to remind the market what real utility looks like.
🔥 It’s not just another altcoin.
It’s VeChain. And it’s about to move.
#VeChain #Web3 #MarketRebound
The next wave is coming — and smart money knows it. 📈
With real-world use cases, enterprise partners, and the July 2025 Renaissance Update on the horizon…
VET is about to remind the market what real utility looks like.
🔥 It’s not just another altcoin.
It’s VeChain. And it’s about to move.
#VeChain #Web3 #MarketRebound
Yo Binance Square fam! 🌟 I’m super hyped about VeChain $VET right now! 🚀
Trading at $0.02384 with a massive $4.25B market cap, VeChain is absolutely dominating the enterprise blockchain scene. 🏢 They’re partnering with heavyweights like Walmart China, BMW, and PwC—and that’s just the beginning! 🤝The Renaissance upgrade is straight-up fire:VTHO inflation slashed by 72.2%100% transaction fee burnsStaking rewards up to 12.8% APY 📈And have you heard about the VeBetterDAO platform? It’s their big move to onboard the next billion users to Web3. 🌍 This isn’t just another coin—VeChain’s been building real-world solutions since 2015.Check out this slick VeChain logo with a dynamic effect! I’m bullish AF on $VET —how about you? Are you jumping on the VeChain train or holding back? Drop your takes below—I wanna hear what you think! 💬#vechain #CryptoHype
Trading at $0.02384 with a massive $4.25B market cap, VeChain is absolutely dominating the enterprise blockchain scene. 🏢 They’re partnering with heavyweights like Walmart China, BMW, and PwC—and that’s just the beginning! 🤝The Renaissance upgrade is straight-up fire:VTHO inflation slashed by 72.2%100% transaction fee burnsStaking rewards up to 12.8% APY 📈And have you heard about the VeBetterDAO platform? It’s their big move to onboard the next billion users to Web3. 🌍 This isn’t just another coin—VeChain’s been building real-world solutions since 2015.Check out this slick VeChain logo with a dynamic effect! I’m bullish AF on $VET —how about you? Are you jumping on the VeChain train or holding back? Drop your takes below—I wanna hear what you think! 💬#vechain #CryptoHype
Zpefu1907:
I've been up there for years and I'll get off as soon as I can.
Tokenomics and Long-Term Value
Tokenomics shapes a crypto project’s value through supply, utility, and incentives. $SOL
Solana (SOL) thrives due to fast transactions and staking rewards, boosting demand. $LINK
Chainlink (LINK) gains from its oracle utility, critical for DeFi. Meanwhile, $VET
VeChain (VET) incentivizes enterprise adoption with dual-token mechanics. Poor tokenomics—like excessive supply or weak utility—can tank projects. For example, balanced token burns in SOL enhance scarcity, while LINK’s real-world use drives value. VET’s supply chain focus attracts long-term investors. Strong tokenomics align community and developer goals, ensuring sustainability. What tokenomics do you prioritize?
#Tokenomics #Solana #Chainlink #VeChain #CryptoInvesting
Tokenomics shapes a crypto project’s value through supply, utility, and incentives. $SOL
Solana (SOL) thrives due to fast transactions and staking rewards, boosting demand. $LINK
Chainlink (LINK) gains from its oracle utility, critical for DeFi. Meanwhile, $VET
VeChain (VET) incentivizes enterprise adoption with dual-token mechanics. Poor tokenomics—like excessive supply or weak utility—can tank projects. For example, balanced token burns in SOL enhance scarcity, while LINK’s real-world use drives value. VET’s supply chain focus attracts long-term investors. Strong tokenomics align community and developer goals, ensuring sustainability. What tokenomics do you prioritize?
#Tokenomics #Solana #Chainlink #VeChain #CryptoInvesting
🚨 $VET Wakes Up! Momentum Building 🚨
$VET just snapped back hard from the $0.02225 support and is now pushing above the key $0.024 zone. Bulls are stepping in with rising volume, and eyes are on a breakout above local resistance. The market's heating up... are you watching?
📊 Trade Setup:
Entry Zone: $0.0242 – $0.0245
Take Profit 1 (TP1): $0.0252
Take Profit 2 (TP2): $0.0260
Stop Loss (SL): $0.0232
🔥 Why It Matters:
A daily close above $0.0245 could trigger the next leg up — especially if confirmed by a volume spike. Momentum is shifting in favor of the bulls. Don't sleep on this!
#VET #VeChain #CryptoTrading #Altcoins #BinanceFeed
$VET just snapped back hard from the $0.02225 support and is now pushing above the key $0.024 zone. Bulls are stepping in with rising volume, and eyes are on a breakout above local resistance. The market's heating up... are you watching?
📊 Trade Setup:
Entry Zone: $0.0242 – $0.0245
Take Profit 1 (TP1): $0.0252
Take Profit 2 (TP2): $0.0260
Stop Loss (SL): $0.0232
🔥 Why It Matters:
A daily close above $0.0245 could trigger the next leg up — especially if confirmed by a volume spike. Momentum is shifting in favor of the bulls. Don't sleep on this!
#VET #VeChain #CryptoTrading #Altcoins #BinanceFeed
📊 VETUSDT Update: Is VeChain Gaining Momentum?
VeChain (VET) is showing signs of renewed interest as it trades around $0.032 - $0.035 range. After a period of consolidation, traders are watching closely for a breakout.
🔹 Bullish Signals:
RSI levels are stabilizing.
Buying pressure is gradually increasing.
Strong support around $0.030 holding firm.
🔹 What’s Driving Interest?
VeChain’s real-world use cases in supply chain and sustainability.
Strategic partnerships with global brands.
Positive sentiment across altcoin markets.
📉 Caution: Resistance near $0.037 could trigger short-term selloffs.
📈 A breakout above $0.040 might push VET to the next leg up.
Verdict: VET is in a crucial zone — watch for volume spikes and news updates.
#VETUSDT #VeChain #Altcoins #CryptoNews #Blockchain #TradingUpdate #CryptoToday
VeChain (VET) is showing signs of renewed interest as it trades around $0.032 - $0.035 range. After a period of consolidation, traders are watching closely for a breakout.
🔹 Bullish Signals:
RSI levels are stabilizing.
Buying pressure is gradually increasing.
Strong support around $0.030 holding firm.
🔹 What’s Driving Interest?
VeChain’s real-world use cases in supply chain and sustainability.
Strategic partnerships with global brands.
Positive sentiment across altcoin markets.
📉 Caution: Resistance near $0.037 could trigger short-term selloffs.
📈 A breakout above $0.040 might push VET to the next leg up.
Verdict: VET is in a crucial zone — watch for volume spikes and news updates.
#VETUSDT #VeChain #Altcoins #CryptoNews #Blockchain #TradingUpdate #CryptoToday
VET/USDT
💣💣💣💣💣💣💣💣💣💣💣💣💣💣💣💣🚀 VeChain StarGate is coming July 1st!
This could be a major catalyst for $VET and $VTHO and early participants are set to benefit the most.
🔥 What to know:
🔹 A massive 5.48B VTHO pool.
🔹 10 node tiers with increasing benefits.
🔹 Two reward simulators to map out your gains.
🔹 Bonus rewards for getting in early.
💡 If you believe in VeChain’s real-world utility, this might be your best entry point in years.
👉 Are you getting ready to cross the StarGate?
Follow me for more updates 🔍
#VeChain #writetoearn #Write2Earn #TrumpVsMusk #BlackRockETHPurchase
📊 Quick Technical Outlook:
$VTHO :
Locked rewards reduce circulating supply. Expect higher demand and potential price appreciation if participation spikes.
$VET :
Staking and node requirements may require users to hold VET. That creates a strong incentive to accumulate and hold, tightening supply.
Watch July 1st closely:
Expect pre-launch hype (“buy the rumor”) and post-launch momentum but also watch out for profit-taking. If rewards are attractive, bullish continuation is
This could be a major catalyst for $VET and $VTHO and early participants are set to benefit the most.
🔥 What to know:
🔹 A massive 5.48B VTHO pool.
🔹 10 node tiers with increasing benefits.
🔹 Two reward simulators to map out your gains.
🔹 Bonus rewards for getting in early.
💡 If you believe in VeChain’s real-world utility, this might be your best entry point in years.
👉 Are you getting ready to cross the StarGate?
Follow me for more updates 🔍
#VeChain #writetoearn #Write2Earn #TrumpVsMusk #BlackRockETHPurchase
📊 Quick Technical Outlook:
$VTHO :
Locked rewards reduce circulating supply. Expect higher demand and potential price appreciation if participation spikes.
$VET :
Staking and node requirements may require users to hold VET. That creates a strong incentive to accumulate and hold, tightening supply.
Watch July 1st closely:
Expect pre-launch hype (“buy the rumor”) and post-launch momentum but also watch out for profit-taking. If rewards are attractive, bullish continuation is
☀️Top 5 Next Big Crypto Coins You Can’t Afford to Miss—Could This Coin Be the New DOGE with 100x Gains? #SmartInvesting
💰𝐓𝐨𝐩 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭𝐞𝐝 𝐆𝐞𝐦𝐬 𝐘𝐨𝐮 𝐂𝐚𝐧’𝐭 𝐈𝐠𝐧𝐨𝐫𝐞 – 𝐋𝐨𝐚𝐝 𝐔𝐩 𝐁𝐞𝐟𝐨𝐫𝐞 𝐭𝐡𝐞 𝐍𝐞𝐱𝐭 𝐒𝐮𝐫𝐠𝐞⭐#AltcoinInvesting
Chainlink ($LINK )
#Chainlink is an independent decentralized oracle that supplies the smart contract with real data, making it an important part of the blockchain. Chainlink grants smart contracts access to off-chain data, including price feeds and weather data, by providing clear and unalterable data feeds. LINK token powers the Chainlink network, incentivizing data providers and securing the protocol.
VeChain ($VET )
#VeChain is a cryptocurrency predominantly used in supply chain management to enhance transparency and efficiency for businesses worldwide. Through its VET token, companies can monitor product circulation, particularly during transportation from manufacturers to markets, reducing instances of fraud. Its applications include food management, supply chains, and luxury goods that demand precise tracking and authentication.
$STX
#STX Network is an optimized solution to bring smart contracts and other decentralized apps to the Bitcoin Network. The implementation of smart contracts on the network does not in any way interfere with the security and architecture of bitcoin by any means. The open design on STX makes it possible for developers to leverage on its infrastructure and support to come up with features that otherwise would not be possible in standalone apps.
💰𝐓𝐨𝐩 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭𝐞𝐝 𝐆𝐞𝐦𝐬 𝐘𝐨𝐮 𝐂𝐚𝐧’𝐭 𝐈𝐠𝐧𝐨𝐫𝐞 – 𝐋𝐨𝐚𝐝 𝐔𝐩 𝐁𝐞𝐟𝐨𝐫𝐞 𝐭𝐡𝐞 𝐍𝐞𝐱𝐭 𝐒𝐮𝐫𝐠𝐞⭐#AltcoinInvesting
Chainlink ($LINK )
#Chainlink is an independent decentralized oracle that supplies the smart contract with real data, making it an important part of the blockchain. Chainlink grants smart contracts access to off-chain data, including price feeds and weather data, by providing clear and unalterable data feeds. LINK token powers the Chainlink network, incentivizing data providers and securing the protocol.
VeChain ($VET )
#VeChain is a cryptocurrency predominantly used in supply chain management to enhance transparency and efficiency for businesses worldwide. Through its VET token, companies can monitor product circulation, particularly during transportation from manufacturers to markets, reducing instances of fraud. Its applications include food management, supply chains, and luxury goods that demand precise tracking and authentication.
$STX
#STX Network is an optimized solution to bring smart contracts and other decentralized apps to the Bitcoin Network. The implementation of smart contracts on the network does not in any way interfere with the security and architecture of bitcoin by any means. The open design on STX makes it possible for developers to leverage on its infrastructure and support to come up with features that otherwise would not be possible in standalone apps.
will VET Breakout 📈
83%
will VET Breakdown 📉
17%
23 votes • Voting closed
Crypto’s volatility creates millionaires and wipeouts. Dogecoin’s 2021 surge minted fortunes. $SHIB
Shiba Inu’s meteoric rise followed. $VET
VeChain’s steady growth attracts enterprises. Volatility fuels 200% monthly returns but risks 80% crashes. Risk management is crucial—diversify and set stop-losses. What’s your volatility strategy? $DOGE
#Dogecoin #ShibaInu #VeChain #Volatility #CryptoTrading
Shiba Inu’s meteoric rise followed. $VET
VeChain’s steady growth attracts enterprises. Volatility fuels 200% monthly returns but risks 80% crashes. Risk management is crucial—diversify and set stop-losses. What’s your volatility strategy? $DOGE
#Dogecoin #ShibaInu #VeChain #Volatility #CryptoTrading
Crypto’s volatility is driven by sentiment. Shiba Inu surged on social media buzz, gaining 46 million% in 2021. $VET
VeChain’s enterprise adoption ensures steady growth. $AVAX
Avalanche’s speed attracts developers. Social media amplifies pumps and dumps—$500 million was lost to scams in 2023. How do you navigate crypto’s emotional rollercoaster?
$SHIB
#ShibaInu #VeChain #Avalanche #CryptoSentiment #Volatility
VeChain’s enterprise adoption ensures steady growth. $AVAX
Avalanche’s speed attracts developers. Social media amplifies pumps and dumps—$500 million was lost to scams in 2023. How do you navigate crypto’s emotional rollercoaster?
$SHIB
#ShibaInu #VeChain #Avalanche #CryptoSentiment #Volatility
See original
📢 Top 4 Coins for Only $3! 🔥🤒
If you want to invest in good projects even on a low budget, these 4 coins could be the best opportunity for you! 💰👇
🪙 1. #vechain (VET)
Price: ~৳3
✅ Supply chain and logistics tracking solution
✅ Partnership with large companies
✅ Real-life technology
🪙 2. #stellar (XLM)
Price: ~৳12
✅ Fast and cheap transactions
✅ Focus on international payments
✅ Has been in the market for many years
🪙 3.# Shiba Inu (SHIB)
Price: Very low (micro price)
✅ Although it is a meme coin, it is now being developed
✅ Large community support
✅ Shiba Inu Layer 2 blockchain launched
🪙 4. #hedera (HBAR)
Price: ~৳7
✅ Fast and energy-efficient blockchain
✅ Connected to large company networks
✅ Good platform for NFTs and DApps
📌 Remember:
Be sure to do your own research before investing in crypto. The risks are high, but the potential is also high.
👀 Which coin are you buying?Let me know in the comments! 💬
#BinanceFeed #Deepbau
If you want to invest in good projects even on a low budget, these 4 coins could be the best opportunity for you! 💰👇
🪙 1. #vechain (VET)
Price: ~৳3
✅ Supply chain and logistics tracking solution
✅ Partnership with large companies
✅ Real-life technology
🪙 2. #stellar (XLM)
Price: ~৳12
✅ Fast and cheap transactions
✅ Focus on international payments
✅ Has been in the market for many years
🪙 3.# Shiba Inu (SHIB)
Price: Very low (micro price)
✅ Although it is a meme coin, it is now being developed
✅ Large community support
✅ Shiba Inu Layer 2 blockchain launched
🪙 4. #hedera (HBAR)
Price: ~৳7
✅ Fast and energy-efficient blockchain
✅ Connected to large company networks
✅ Good platform for NFTs and DApps
📌 Remember:
Be sure to do your own research before investing in crypto. The risks are high, but the potential is also high.
👀 Which coin are you buying?Let me know in the comments! 💬
#BinanceFeed #Deepbau
Crypto’s volatility draws traders seeking high returns. Dogecoin surged 12,000% in 2021, fueled by social media hype.$SHIB
Shiba Inu, another meme coin, gained 46 million% in a year!$VET
VeChain, focused on supply chain, offers stability with real-world use. Volatility creates opportunity but risks wipeouts—$1 trillion was lost in the 2022 crash. Risk management is key: diversify and research. What’s your strategy for handling crypto volatility?
$DOGE
#Dogecoin #ShibaInu #VeChain #Volatility #CryptoTrading
Shiba Inu, another meme coin, gained 46 million% in a year!$VET
VeChain, focused on supply chain, offers stability with real-world use. Volatility creates opportunity but risks wipeouts—$1 trillion was lost in the 2022 crash. Risk management is key: diversify and research. What’s your strategy for handling crypto volatility?
$DOGE
#Dogecoin #ShibaInu #VeChain #Volatility #CryptoTrading
🚀 This Week in Crypto: Major Trends & Market Updates! 🌍💰
🔹 1️⃣ Crypto Regulations Take Shape!
The U.S. Senate Banking Committee has passed new stablecoin regulations, bringing more legitimacy to the crypto space. Could this be a game-changer for mainstream adoption? 📜⚖️
🔹 2️⃣ Kevin O'Leary: "Crypto’s Cowboy Era is Over"
Investor Kevin O’Leary believes the Trump administration is bringing order to the crypto world, paving the way for crypto to become a true financial powerhouse. 🏦🚀
🔹 3️⃣ Stake.com Co-Founder Goes Big on Traditional Finance
Ed Craven, co-owner of Stake.com, is expanding into fiat payments and streaming services, signaling a major shift for crypto-based businesses. 💳📈
🔹 4️⃣ Love Island Drama Meets Crypto Scandal
Iris Au, partner of Love Island winner Davide Sanclimenti, faces prison time for crypto tax evasion—a reminder that regulations are catching up! 👀⚠️
🔹 5️⃣ Cardano (ADA) Investors Shift to Coldware
With ADA's price dipping, investors are eyeing Coldware’s presale for potential gains. Will this new project outperform ADA? 🤔🔥
💎 Trending Coins This Week:
#Bitcoin #Ethereum #BNB #Solana #XRP #Dogecoin #Cardano #ShibaInu #PepeCoin #Avalanche #Litecoin #Polkadot #Chainlink #MATIC #Uniswap #vechain
#Binance #CryptoNews #CryptoRegulation #CryptoMarket #DeFi #NFTs #Web3 #Blockchain #Investing #CryptoTrading
🔹 1️⃣ Crypto Regulations Take Shape!
The U.S. Senate Banking Committee has passed new stablecoin regulations, bringing more legitimacy to the crypto space. Could this be a game-changer for mainstream adoption? 📜⚖️
🔹 2️⃣ Kevin O'Leary: "Crypto’s Cowboy Era is Over"
Investor Kevin O’Leary believes the Trump administration is bringing order to the crypto world, paving the way for crypto to become a true financial powerhouse. 🏦🚀
🔹 3️⃣ Stake.com Co-Founder Goes Big on Traditional Finance
Ed Craven, co-owner of Stake.com, is expanding into fiat payments and streaming services, signaling a major shift for crypto-based businesses. 💳📈
🔹 4️⃣ Love Island Drama Meets Crypto Scandal
Iris Au, partner of Love Island winner Davide Sanclimenti, faces prison time for crypto tax evasion—a reminder that regulations are catching up! 👀⚠️
🔹 5️⃣ Cardano (ADA) Investors Shift to Coldware
With ADA's price dipping, investors are eyeing Coldware’s presale for potential gains. Will this new project outperform ADA? 🤔🔥
💎 Trending Coins This Week:
#Bitcoin #Ethereum #BNB #Solana #XRP #Dogecoin #Cardano #ShibaInu #PepeCoin #Avalanche #Litecoin #Polkadot #Chainlink #MATIC #Uniswap #vechain
#Binance #CryptoNews #CryptoRegulation #CryptoMarket #DeFi #NFTs #Web3 #Blockchain #Investing #CryptoTrading
Time is short and the rocket is launching, get on the project vechain quickly
#Write2Earn #vet #vechain #btc
#Write2Earn #vet #vechain #btc
VeChain Hits 2-Year High, Outperforms Bitcoin, Solana: $0.1 Next?
VeChain Hits 2-Year High, Outperforms Bitcoin, Solana: $0.1 Next?
VeChain (VET) has hit a two-year high of $0.7261. The asset last traded above the $0.07 mark in April 2022.
VET outperforms major crypto assets such as Bitcoin (BTC) and Solana (SOL). The project’s market cap has also risen to nearly $5.9 billion.
VET’s price has surged by 9.1% in the last 24 hours, 79.2% in the weekly charts, 125.6% in the 14-day charts, and 265.5% over the previous month. The asset’s price has also increased by 212.7% since December 2023.
Why Is VeChain Rallying?
VET’s rally comes amid a general altcoin rally. Other altcoins, such as TRON (TRX), BNB, XRP, and Cardano (ADA), have also surged in the last few days.
Market participants may channel their funds into other assets as Bitcoin (BTC) faces significant resistance at the $96,000 level.
WisdomTree’s S1 filing for a spot XRP ETF may have led to investors betting on altcoins.
Can The Asset Hit $0.1 Next?VET’s price has to rally by nearly 39% to breach the $0.1 mark.
According to CoinCodex, VeChain’s (VET) price may consolidate around current levels over the next few weeks. The platform anticipates the asset to rally from early January, hitting the $0.10 mark on Feb. 6, 2025.
CoinCodex predicts VET to hit a high of $0.12 on Feb. 20, 2025. Hitting $0.12 from current price levels will entail a rally of about 66.67%.
VET is currently down by more than 74% from its all-time high of $0.281. The asset hit its peak in April 2021. It is unclear when VET will reclaim its peak again.
If Bitcoin (BTC) breaches the $100,000 level, we may witness another massive market rally. In such a scenario, VET could hit a new all-time high.
#VeChain #VET #AltcoinSeason #cryptomarket #CryptoNews
VeChain (VET) has hit a two-year high of $0.7261. The asset last traded above the $0.07 mark in April 2022.
VET outperforms major crypto assets such as Bitcoin (BTC) and Solana (SOL). The project’s market cap has also risen to nearly $5.9 billion.
VET’s price has surged by 9.1% in the last 24 hours, 79.2% in the weekly charts, 125.6% in the 14-day charts, and 265.5% over the previous month. The asset’s price has also increased by 212.7% since December 2023.
Why Is VeChain Rallying?
VET’s rally comes amid a general altcoin rally. Other altcoins, such as TRON (TRX), BNB, XRP, and Cardano (ADA), have also surged in the last few days.
Market participants may channel their funds into other assets as Bitcoin (BTC) faces significant resistance at the $96,000 level.
WisdomTree’s S1 filing for a spot XRP ETF may have led to investors betting on altcoins.
Can The Asset Hit $0.1 Next?VET’s price has to rally by nearly 39% to breach the $0.1 mark.
According to CoinCodex, VeChain’s (VET) price may consolidate around current levels over the next few weeks. The platform anticipates the asset to rally from early January, hitting the $0.10 mark on Feb. 6, 2025.
CoinCodex predicts VET to hit a high of $0.12 on Feb. 20, 2025. Hitting $0.12 from current price levels will entail a rally of about 66.67%.
VET is currently down by more than 74% from its all-time high of $0.281. The asset hit its peak in April 2021. It is unclear when VET will reclaim its peak again.
If Bitcoin (BTC) breaches the $100,000 level, we may witness another massive market rally. In such a scenario, VET could hit a new all-time high.
#VeChain #VET #AltcoinSeason #cryptomarket #CryptoNews
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