VeChain (VET) has been actively involved in several development initiatives and projects, including the recent launch of “The HiVe” event, which has captured the attention of the Web3 community.
Throughout 2023, the VeChain team has consistently provided updates on their ongoing developments and has multiple projects in progress. VETERINARY SURGEON is trending now as the team teases a major announcement.
VeChain's VET is trading at $0.03512 at the time of writing Coin market capitalization, with a value drop of 2.6% in the last 24 hours. Vocational education is down 16.3% over the past 30 days. Based on various criteria, here is our price prediction for VeChain for mid-May.
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VeChain is cooking something
Crypto analyst CryptoBusy recently tweeted that VeChain is cooking something. He said the market structure for VET looks very solid.
The analyst also highlighted that the price has historically bounced off multi-month trendline support. He also said that the team is building something big in the RWA industry.
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VET price prediction for mid-May
Cryptocurrency experts at Changelly have given their price prediction for VeChain for mid-May. For this time frame, experts expect the minimum price of VET to be $0.0407. Moreover, the experts state that the expected maximum price is $0.0442. Experts expect VET to trade at an average price of $0.0426.
VET is down 87.4% from its all-time high of $0.2782 and still has a long way to go before surpassing the previous all-time high. However, the price may vary depending on several factors, including market sentiment and the development of the project. Nevertheless, in addition to the positive market conditions, vocational education is emerging and trading in the green.
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VeChain has shown a downward trajectory over the past 24 hours, alongside the entire cryptocurrency market.