Enterprise Blockchain Altcoin VeChain (VET) Leaps 15% After Coinbase Announcement

An enterprise-solution-focused blockchain has jumped 15% in the last 24 hours on the news of being added to Coinbase's roadmap. Yesterday, Coinbase Assets announced the additions of VeChain (VET) and VeThor (VTHO) to its listing roadmap. “Assets added to the roadmap today: VeChain (VET) and VeThor (VTHO).” VET is worth $0.

Timeline of Vechain

On June 23, the price of VeChain (VET) spiked to a high of $0.01899, marking a 16-day high. Coinbase tweeted on June 22 that it had added VeChain, and its gas token, VeThor, to its new asset listing roadmap.

Wall Street firms are poised to reassess how they vet hedge funds, industry sources and experts say, following a race to cut ties with Odey Asset Management after founder Crispin Odey was accused of sexual misconduct in the press.

VeChain Price Prediction 2023-2032 Since its launch, Vechain's focus has been building technologies that solve obstacles impeding the mass adoption of blockchain technology. Two mnths ago, one of the most important pieces of technology in this mission was officially launched — VORJ.

VeChain price analysis shows that the price of VET/USD has followed a strong upwards trend in the last 24 hours. The price of VeChain has exhibited a consistent upward trajectory, demonstrating significant growth and approaching the critical threshold of $0.016.

VeChain price analysis shows that the price of VET/USD has followed a strong upwards trend in the last 24 hours. The price has maintained an upward trajectory, experiencing substantial growth and coming close to reaching the $0.016 threshold.

VeChain price analysis reveals that there has been a persistent downward trend in the VET/USD pair over the past 24 hours. The price has exhibited a contrasting movement, undergoing a significant decrease after initially being valued at $0.054.

The VeChain price analysis is indicating that the price levels have dropped down to $0.01946 once again. The bearish slop has been continuous during the day, and it is further strengthened by today's loss.

Despite the recent drop in development activity, VeChain managed to maintain a relatively stable level of social dominance in the last 30 days. LunaCrush also picked VeChain as the top network in terms of social and market activity.

VeChain's latest update revealed that the network was optimistic about attracting venture capital in the European market. It highlighted a favorable regulatory environment as one of the key factors encouraging growing VC participation.

On the weekly timeframe, a crypto analyst named Egrag explained on Twitter that VeChain (VET) is currently in a buy zone. He further explained the details of its possible price behavior using trading charts and noting recurring patterns.