VeChain is consistently working on expanding its base operations. The crypto has noted a massive price surge in February, triggered by the announcement of its highly anticipated VeBetter DAO.
As of now, the price of VET has mellowed down, stabilizing at $0.0453, down 7% in the last 24 hours. However, the current bull season was quite favorable for VET.
VeChain’s price has considerably risen in the last 30 days, with a surge of 63%. Here’s how experts anticipate the VET price trajectory to be in March 2024.
Also Read: Is VeChain’s Consolidation Signaling a Future Breakout To $1.8?
VeChain: VET March End Analysis
With a current ranking of 37 in the crypto ecosystem, VET continues to hold solid ground. As per Changelly, the March-end analysis for VET seems to be positive, with milder sways and downward trends.
“Based on the price fluctuations of VET at the beginning of 2023, crypto experts expect an average VET rate of $0.0516 in March 2024. Its minimum and maximum prices can be expected at $0.0467 and $0.0530, respectively.”
Similarly, for the year 2024, Changelly predicts the price of VET to reach $0.0646.
“According to the technical analysis of VET prices expected in 2024, the minimum cost of VeChain will be $0.0646. The maximum level that the VET price can reach is $0.0771. The average trading price is expected to be around $0.0666.”
Also Read: VeChain Made Golden Cross Last Seen in 2022: Can VET Hit $0.1?
VeChain x Charles Hoskinson
VeChain, with its diverse use cases, is always experimenting with new ideas and concepts. The platform recently invited Charles Hoskinson, the founder of Cardano, to explore interoperability discussions and trends.
Hoskinson reportedly joined VeChain’s update space to address interoperability issues between multiple blockchains.
At press time, VeChain is down 7% trading at $0.04554.