VeChain (VET) price registers more than 60% surge in 1 week!

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16 Feb 2024
21

Dear Readers,
There has been a wide range of bullishness in the crypto market for about a week. 
Led by the market leaders Bitcoin and Ethereum, all the major crypto markets had made some pump during these days.
BTC registered 13% and ETH registered 16% rise on a week on week basis.
While I analyse the crypto markets, I was surprised to see Ve Chain (VET) registered 58.48% rise in a week.
Currently trades at USD 0.0463, it is high about 24% from yesterday.
The trading volume has also increased and it has registered as the 11th highest trading volume. 
VET is ranked at 30 according to the market capitalisation in the coinmarket.com website.
The major push may be due to the news that VeChain is all set to unfold its plans aimed at utilizing blockchain technology to enhance its sustainability efforts, said in a twitter post in X. 
With the sustainability at the core, VeChain aims to leverage blockchain to establish interconnected ecosystems that incentivize and reward sustainable behaviors directly.
According to VeChain Sources, the blockchain is rubbing its shoulders with the biggest names in the tech industry with its latest suite of products with sustainability at its core. 
However, VET is trading a lower of 83.35% from its all time high price of 0.2782 registered on 17 April 2023.
It is with high expectation from the global community that would VET go and surpass its ATH price?

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