VeChain (VET) has been actively involved in various development initiatives and projects, including the recent introduction of “The HiVe” event, which has garnered attention from the Web3 community.
Throughout 2023, the VeChain team has been consistently providing updates on their ongoing developments and has multiple projects in progress. VET has been trending now as the team teases a major announcement. Sources predict that VeChain is planning to unveil plans aimed at utilizing blockchain technology alongside enhancing sustainability efforts.
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VeChain’s VET is trading at $0.04938 at press time, according to CoinMarketCap with a 30.4% surge in value over the last 24 hours. VET is also up by 70% in the last seven days. Considering various criteria, here is our price prediction for VeChain for the weekend.
VET Price Prediction for the weekend
Cryptocurrency experts at Coincodex have given their price prediction for VeChain for the weekend. For this timeframe, experts anticipate VET’s minimum price to be $0.045536. Additionally, the experts state that the maximum price expected is $0.045696. Experts anticipate that VET will trade at an average price of $0.044807.
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VET is 82.4% down from its all-time high of $0.2782 and has a long way to go before breaching its previous all-time high. However, the price can vary depending on various factors, including market sentiment and the project’s development. Nevertheless, alongside the positive market conditions, VET is up and trading in the green.
