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VeChain (VET) Weekly Price Prediction

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VeChain (VET) has seen a significant price correction over the last few weeks. The token has fallen by over 14% in the previous 14 days. However, VET is still by 6.7% in the monthly charts. Source: CoinGecko According to CoinCodex, VeChain’s (VET) price may face consolidation this week, oscillating between $0.029 and $0.030. However, the asset may gain momentum early next month. Moreover, the platform says that current sentiment is neutral, while investors are in a greed phase, which could lead to a price spike later. Also Read: VeChain: Weekly $100 in VET Since Launch Is Worth This Much Source: CoinCodex Changelly predicts a maximum price of $0.033 for VET in January 2024. Reaching $0.033 would translate to a growth of about 10% from current levels. VET is a supply-chain-based project that is involved in several climate-change-related issues. The project has also partnered with several global firms. Will VeChain (VET) Reclaim its all-time high in 2024? Source: Z...

VeChain Price Prediction: How High Can VET Go in August 2023?

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VeChain is hanging by a thread as its price is barely moving forward in the last three months. VET has been stagnant for the majority of Q2 2023, delivering minimal profit to investors. The consolidation is testing the patience of investors as the cryptocurrency is mostly going backward in the indices. Also Read: Shiba Inu: Early Bitcoin Investor Says Shibarium Will Be Something Big Source: Coingecko Will August 2023 be a game-changer for VeChain and will it reclaim new highs in the charts? In this article, we will highlight a VeChain price prediction for August 2023. VeChain: VET Price Prediction For August 2023 Source: thecoinrepublic.com The leading on-chain metrics and price prediction firm CoinCodex painted a rather bearish picture for VeChain in August 2023. According to the price prediction, VET is expected to rise less than 5% in the next four weeks. The forecast estimates that VET could dip quickly after spiking from $0.018 to $0.019, leaving no room for investo...

VeChain Drops ~10% in 24 hours: More Drawdown Ahead?

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VeChain crashed nearly double digits on Friday, and its price is headed below the $0.020 mark. VET is down 9.6% in the day’s trade after falling from $0.022 to $0.019 in the 24-hour day trade. The cryptocurrency has doubled in price since the start of January 2023, but it is shedding most of its gains at the moment. VET started the year at $0.015 and its price could be headed back to square one due to the ongoing market crash. Also Read: VeChain: Will VET Add Another ‘Zero’? Source: CoinGecko.com Why Is The Cryptocurrency Markets Crashing Today? Source: Mynewsdesk.com Bitcoin slipped below the $20,000 mark on Friday after the Biden administration proposed a 30% tax on cryptocurrency mining. The proposal aims to discourage mining activities as they consume a vast amount of electricity. The markets turned bearish, minutes after the proposal making Bitcoin and leading altcoins including VeChain bleed. Read here to know what’s in the Biden administr...