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VeChain (VET) continues its descent amid a lackluster market. The asset is down 0.3% in the daily charts, 4.5% in the weekly charts, 22.6% in the 14-day charts, and 25.1% over the previous month. Despite the dip, VET has maintained some gains in the yearly charts, rallying 11.5% since February 2024. Also Read: Trump’s U.S.-Russia Talks: A Crucial Move to Curb De-Dollarization and End the Ukraine War Source: CoinGecko Cryptocurrencies Continue To Glow Red Source: Coinpedia The crypto market is not showing any signs of a recovery. The market slumped earlier this month and has continued to move downwards. VET and other assets have lost significant value since the beginning of this year. Also Read: Can Bitcoin (BTC) Return to $100K This Week Post-Crash? US President Donald Trump announced additional taxes on steel and aluminum. The move may have made investors weary of risky assets. President Trump also said he would impose tariffs on countries that tax US goods. Both developments were tak...

The cryptocurrency market seems to be recovering from its correction. Bitcoin (BTC) has reclaimed the $99,000 mark. The global crypto market cap has risen 1.2% in the last 24 hours to $3.62 trillion. VeChain (VET) also follows the current market trend. The asset is trading in the green zone in the daily and weekly charts. Also Read: UBS Predicts Gold Prices for 2025 VeChain In The Green Zone Source: Zipmex VET has rallied by 5.8% in the daily charts and weekly charts. The asset has also risen by 56.3% since January 2024. Despite the rally, VET is down 0.7% in the 14-day charts and 15.1% over the previous month. Source: CoinGecko Also Read: Reliance Jio Joins Forces with Polygon – What This Means for Crypto in India VET’s latest rally is likely due to BTC inching closer to the $100,000 price point. The market resurgence could be due to President-elect Donald Trump’s inauguration being just around the corner. Many anticipate a market-wide rally under Trump’s leadership d...

VeChain has spiked nearly 250% in the last 30 days, delivering stellar returns to investors in a short period. VET was trading at $0.020 in November and is now trading at the $0.066 mark in December. The leading altcoin skyrocketed in the charts in just 30 days and is among the top-performing cryptocurrencies this month. The rally is attracting heavy buying sentiments, with investors flocking towards VET for profits. Also Read: Shiba Inu: How Many SHIB Tokens You Need To Make $1 Million? Source: Coingecko VeChain Kick-starts a Rally: Will VET Cross $1 Price Target? The supply chain-based cryptocurrency had reached an all-time high of $0.281 in April 2021. It’s been more than three and a half years since VeChain failed to reclaim its lost territory. Despite the ongoing bull run, the maximum VET price surge could be 250% in a month. It needs to rise by nearly 1,450% from its current price of $0.066 to reach $1. Also Read: Cardano: Can ADA Break The $2 Price Ceiling By Mid December 2...

VeChain started July on a positive note as its price remained on the greener side of the charts for three consecutive days. VET is up nearly 10% in the last three days signaling that it could remain bullish in the indices. The cryptocurrency has displayed positive sentiments as its price is up close to 40% in the last two weeks. Short-term investors made decent profits and are now gearing up for more returns this month. Also Read: 5 New Countries To Join BRICS Alliance in August Source: Coingecko However, will VeChain carry the momentum into the month and continue delivering profits in July? In this article, we will highlight how VET could trade in the indices in the next four weeks. VeChain: Will VET Remain Bullish In July? Picture Credit: CoinBureau.com (The Coin Bureau) Leading on-chain metrics and price prediction firm Wallet Investor has predicted that VeChain could briefly spike this month. According to the prediction, VET may rise approximately 15% in the next...

VeChain announced a partnership with Canadian IT firm, Micromation Inc, to enhance product traceability in the global supply chain industry. Micromation revealed in a recent press release, that it built a Proof-of-Concept (PoC) using VeChain ’s protocol to advance asset traceability. The VeChain Foundation built the enterprise-grade smart contract protocol for Micromation to tap the technological advancements of transparency in the supply chain. The new protocol named ToolChain grants access to Micromation to integrate GS1 US standards for the identification of CBD products. The supply chain management is worth nearly $30 billion in 2022. Also Read: 7 Major Banks to Increase U.S. Dollar Liquidity via Swap Lines “ At VeChain , we understand the critical importance of ensuring product quality and safety in these industries. That’s why we’ve designed VeChain ToolChain to be a flexible and customizable solution that can meet the unique needs of any supply chain,” said the...