Regen Network

VeChain

Carbon

Read

<ul>
 <li>VeChain’s partnership with WoV Labs is leading the ‘Phygital’ revolution, aiming to promote sustainability and reward green practices.</li>
 <li>The Charge2Earn app incentivizes eco-friendly driving by offering charging discounts, with plans to expand to more EVs.</li>
 <li>VET has seen slow growth, dropping from $0.05 to $0.02 but its future trajectory remains uncertain</li>
</ul>
<p>VeChain’s latest collaboration with WoV Labs is pioneering the ‘Phygital’ revolution. It blends the tangible and virtual realms through cutting-edge Web3 solutions.&nbsp;</p>
<p>This venture is set to enhance sustainability by incentivizing green practices and magnifying their impact in the physical world.</p>
<p>In a parallel development, the innovative Charge2Earn application offers incentives for environmentally conscious driving by providing discounts on charging services.&nbsp;</p>
<h2 class="wp-block-heading" id="h-vechain-s-dedication-to-ecological-responsibility">VeChain’s Dedication to Ecological Responsibility</h2>
<p>Currently, the circulation sees 3.5 million B3TR tokens, securing a Total Value Locked (TVL) near $1.37 million. For the moment, the application is exclusive to Tesla models, yet expansion plans are in motion to embrace a broader range of electric vehicles.&nbsp;</p>
<p><a href="https://cryptonewsland.com/tesla-and-vechain-collaboration-to-arrive-on-vebetterdao-elon-musk-bullish-on-sustainable-blockchains-vet-spike-incoming/" rel="noopener noreferrer nofollow">This partnership</a> underscores VeChain’s dedication to ecological responsibility and its trailblazing spirit. The initiative not only reflects a step forward in sustainable technology but also marks a significant stride in VeChain’s journey towards a greener future.&nbsp;</p>
<p>By fostering a synergy between technology and ecology, VeChain and WoV Labs are setting a new standard for corporate environmental stewardship. Amid these milestones, VET, VeChain’s native token has been experiencing sluggish growth.&nbsp;</p>
<h2 class="wp-block-heading" id="h-vechain-vet-price-performance-nbsp">VeChain (VET) Price Performance&nbsp;</h2>
<p>VeChain (VET) dipped from a March high of $0.05 to a low of $0.02 in June. Last month, VET’s price breached the 20-SMA at $0.03 and fell to $0.029.&nbsp;</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24VET&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$VET</a> Holding Critical Support !<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4aa.png" alt="💪" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>It looks like <a href="https://twitter.com/hashtag/VET?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#VET</a> is strong enough to hold the horizontal support on the Daily timeframe<br><br>We could see a bounce from this point and maybe revisit the topside resistance <br><br>Do you still have faith in <a href="https://twitter.com/hashtag/Vechain?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Vechain</a> ? <a href="https://t.co/ce0KbeYtQW" rel="noopener noreferrer nofollow">pic.twitter.com/ce0KbeYtQW</a></p>— Crypto Yapper (@CryptoYapper) <a href="https://twitter.com/CryptoYapper/status/1800837699747651872?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 12, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>As of now, VeChain is trading at $0.032 and the monthly candle is rising daily. According to the above post, Crypto Yapper, a renown analyst, suggests that <a href="https://cryptonewsland.com/vechain-announces-bullish-partnership-for-carbon-management-with-shanghai-firm-as-vet-price-prints-breakout-pattern/" target="_blank" rel="noopener noreferrer nofollow">VET may continue ascending</a> in the coming days.&nbsp;</p>
<p>On the other hand, VET price predictions paint a different picture. For instance, CoinCheckUp predicts a 10.36% price decrease by the end of Q2.</p>
<p>As the bull run nears, the general crypto market is slowly gaining traction. Considering this fact, VeChain could surprise bears with a meteoric rise.</p>
<h4 class="wp-block-heading" id="h-recommended-news">Recommended News :</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/carbon-offsetting-for-blockchains-beyond-regen-network-launches-carbon-marketplace/" rel="noopener noreferrer nofollow">Carbon Offsetting for Blockchains &amp; Beyond: Regen Network Launches Carbon Marketplace</a></li>
 <li><a href="https://cryptonewsland.com/vets-bullish-future-anticipating-a-surge-past-0-0943-in-2024/" rel="noopener noreferrer nofollow">VET’s Bullish Future: Anticipating a Surge Past $0.0943 in 2024</a></li>
 <li><a href="https://cryptonewsland.com/when-will-vechains-vet-token-surpass-the-0-0993-milestone-in-2024/" rel="noopener noreferrer nofollow">When Will VeChain’s VET Token Surpass the $0.0993 Milestone in 2024?</a></li>
 <li><a href="https://cryptonewsland.com/2024-vechain-price-forecast-vet-to-break-through-0-1032/" rel="noopener noreferrer nofollow">2024 VeChain Price Forecast: VET to Break Through $0.1032</a></li>
 <li><a href="https://cryptonewsland.com/vechain-set-to-soar-predicted-to-break-through-0-783-in-2024/" rel="noopener noreferrer nofollow">VeChain Set to Soar: Predicted to Break Through $0.783 in 2024</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/latest-vechain-partnership-leads-to-bullish-vet-forecast/" rel="noopener noreferrer nofollow">Latest VeChain Partnership Leads to Bullish VET Forecast, Is a Price Ascent Imminent?</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Latest VeChain Partnership Leads to Bullish VET Forecast, Is a Price Ascent Imminent?

Table of Contents

Crypto News Land

Other articles published on Jun 12, 2024

Chainlink vs Ethereum: $1000 in LINK or ETH?

Impersonated a16z Member Seized $245,000 in Crypto Scam

Bitcoin Dips Below $68,000 as Analysts Predict Further Losses Amid Market Volatility

BlockDAG’s State-of-the-Art Dashboard Powers $48.8M Presale While Toncoin & Chainlink Vie for Att...

Users Ditch BitBot, Arbitrum amid MoonBag Bags Best Presale in 2024

Harambe on Solana to Skyrocket 16,000% as KuCoin Listing Announced, While Shiba Inu and Dogecoin ...

Join our free newsletter for daily crypto updates!