VET

VeChain (VET) has introduced a dual token system to address a multi-year problem facing the blockchain industry.  This approach consists of VET and VTHO to store value and keep costs predictable on the blockchain.  The blockchain ecosystem has over the years been confronted by the issue of persistent unpredictability of transaction costs. This appears quite interesting as the public, open blockchains rely on an economic system to govern the behaviour and distribution of tokens within the network.  To effectively address…

This significant collaboration between Supply@ME and VeChain (VET), aims at revolutionizing supply chain finance globally. Leveraging blockchain technology, the partnership aims to generate cash flow for manufacturing and trading companies without resorting to debt. The SYME 2023 Annual Report brings bullish news for VeChain (VET) holders, unveiling a groundbreaking partnership between Supply@ME and the supply chain blockchain titan, VeChain. According to the report, this strategic alliance aims to transform supply chain finance for manufacturing and trading companies worldwide. Together, the…

One analyst has noted a triple bottom for VeChain (VET) at the $0.01349 level, followed by a spike and smaller correction, which he believes is setting the token up for massive gains. The last time VET had a triple bottom, it surged by 14,000% to hit a then-all-time high of $0.28, and the analyst believes that history will repeat itself. VeChain has hit a triple bottom, and according to one analyst, it’s set to skyrocket by over 14,000% to set…

VeChain is expanding its footprint in Europe with Oobit payments integration. With many licenses in its portfolio, VeChain foresees a greater revolution in payments through blockchain. Enterprise blockchain solution VeChain (VET) has announced entry into the European payment market through an NFC integration. The integration promises to revolutionize spending for Android users in Europe. VeChain Collaborates With Oobit As revealed in a press release, Oobit will include VET, VeChain’s native currency, into its Tap & Pay function, which allows users…

VeChain is rewarding its ecosystem for using some of the most popular apps and making their contribution to its sustainability drive through VeBetterDAO. Users get rewarded for cleaning their environments through Cleanify, audio streaming through NFB Club, health management through Vyvo and more. The VeChain ecosystem has grown rapidly in recent years, and the blockchain network is now rewarding these users for interacting with some of the most popular applications and playing a part in its sustainability drive. VeChain announced…

VeChain could be on the verge of a breakout, one analyst projects, pointing to the symmetry between its current trading pattern and previous cycles. Meanwhile, Coincodex foresees VeChain dipping slightly to dip below $0.038 despite a marginal recovery over the past week to reverse a mid-month dip. VeChain features prominently whenever blockchain adoption is brought up, with its initiatives in sustainability setting an industry standard. However, VET rarely competes with other major cryptos on the price charts. However, one analyst…

While the cryptocurrency market is known for its volatility and unpredictability, certain factors or events in the market can alter the trajectory of any token either positively or negatively. One such event is the Bitcoin halving, a quadrennial event that sees the supply of Bitcoin as well as miners’ reward cut into half. In other words, this phenomenon involves the halving of the circulating Bitcoin in supply in an attempt to curb inflation so as to maintain scarcity for the…

TL;DR Despite a recent dip, VeChain (VET) has seen a nearly 60% increase in its value year-over-year, with speculation about reaching new highs soon. Analyst predictions are varied, with some expecting short-term rises to $0.06, while others envision a whopping 2,500% rally to $1. VET Price Gearing up for a Peak? Despite plunging significantly in the past week, VeChain’s native cryptocurrency – VET – remains among the best performers on a yearly scale, with its price rising by almost 60%…

VeChain’s collaboration with UFC marks a significant stride in blockchain’s application beyond financial markets. The partnership’s influence on VET’s price suggests a promising bull run towards $0.05. Following the recent announcement by Blackrock regarding its ‘RWA’ initiative, the concept of tokenizing real-world assets—from stocks to skyscrapers—has surged in popularity within the blockchain community. This trend is revolutionizing perceptions of blockchain technology as a pivotal tool for economic transformation. VeChain has taken a monumental step by partnering with the UFC to…