VeChain’s Bullish Surge: VET Hits 10-Month High, VTHO Rallies 43% in a Week
In anticipation of an imminent bull run, the VeChain blockchain has witnessed a series of bullish developments, igniting investor optimism and driving notable price rallies for its ecosystem tokens, VET and VTHO.
VET, as the primary utility token of VeChain, has taken the spotlight with its bullish trajectory. The upward trend for VET commenced on November 30, following a three-week consolidation period. In late October, VET experienced a substantial rally, surging from $0.0163 on October 19 to $0.023 on November 9, marking a 41% increase in just three weeks. However, the $0.023 high posed formidable resistance, leading to a three-week consolidation.
Read Also: XRP's Bullish Outlook: Abs Highlights Potential Bull Run Following Unique Flag Formation
During this consolidation ph...