VeChain: Analyst Predicts VET Could Rally 23%, Hit $0.039
VeChain (VET) seems to be making a recovery after the recent market dip. The asset has rallied 2.2% in the daily charts and 0.2% in the 14-day charts. Despite the recovery, the asset is down by 5% in the weekly charts, 35.4% in the monthly charts, and 23% since February 2024. Also Read: De-Dollarization: ECB Expands Wholesale CBDC in Europe—A Step Backward for Privacy? Source: CoinGecko Cryptocurrencies Gain Traction Source: Zipmex VET is following the current market resurgence. Bitcoin (BTC) has reclaimed the $98,000 price level. The global crypto market cap has risen to $3.36 trillion. We may witness another bullish leg for the crypto market in the coming weeks. Also Read: Will GTA 6 Accept Crypto Payments? The recent dip was likely due to Libra coin. The project was accused of insider trading. Investor sentiment took a dip after the coin’s launch. VET and other assets suffered as a consequence of the incident. The whole debacle is now being called “Libragate.” VeCha...
