VeChain (VET) has been actively involved in various development initiatives and projects, including the recent introduction of “The HiVe” event. The event 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. Furthermore, on March 6, 2023, they released a new whitepaper, unveiling the VET 3.0 protocol.
VeChain is trading at $0.03728 at press time, according to CoinMarketCap, with a 1.2% surge in value over the last 24 hours.
Alongside the whole cryptocurrency market, VeChain is also trading in green. With the New Year almost here, here is our price prediction for VeChain this new year.
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VeChain Price Prediction for New Year
Various factors, such as market conditions and price action, will determine whether VeChain’s VET can shoot up in price this new year.
Based on VET’s behavior at the start of 2023, cryptocurrency experts at Changelly offer their price predictions for VeChain for the New Year. For this timeframe, VET’s price is anticipated to be $0.0384. During this period, the minimum price is anticipated to be $0.0351. The maximum price is expected to reach $0.0395.
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According to the latest CoinMarketCap data, VeChain is trading at $0.03728. It’s had a 1.2% surge in value over the last 24 hours. VET has currently surged past the $0.35 resistance, eyeing the next level even when the whole market trades in a mixed stance. However, prices can fluctuate and vary depending on the overall market conditions.