VeChain

2024

World

CRYPTO

<ul> 
 <li aria-level="1">VeChain launched Marketplace as a Service (MaaS), partnering with Gresini Racing and EXplusNFT for exclusive NFT content.</li> 
</ul> 
<ul> 
 <li aria-level="1">VeChain’s MaaS offers a no-code interface for businesses to manage digital assets seamlessly.</li> 
</ul> 
In the first quarter of 2024, VeChain launched its new Marketplace as a Service (MaaS) solution, which is a major step in the evolution of e-commerce. To celebrate this launch, VeChain has collaborated with Gresini Racing and EXplusNFT and introduced the first enterprise marketplace on the MaaS platform.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f517.png" alt="🔗" class="wp-smiley" style="height: 1em; max-height: 1em;"> Exciting times for <a href="https://twitter.com/hashtag/VeChain?src=hash&amp;ref_src=twsrc%5Etfw">#VeChain</a>! Q1 2024 marks the debut of their revolutionary Marketplace-as-a-Service (MaaS) platform. To celebrate, they've partnered with <a href="https://twitter.com/GresiniRacing?ref_src=twsrc%5Etfw">@GresiniRacing</a> and <a href="https://twitter.com/EXplusnft?ref_src=twsrc%5Etfw">@EXplusnft</a> to launch the first enterprise marketplace on MaaS. Gresini Racing is offering fans… <a href="https://t.co/7RhU6uZ0wm">pic.twitter.com/7RhU6uZ0wm</a> 
 — Collin Brown (@CollinBrownXRP) <a href="https://twitter.com/CollinBrownXRP/status/1810761817930748424?ref_src=twsrc%5Etfw">July 9, 2024</a>
</blockquote> 
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This collaboration enables Gresini Racing to provide exclusive NFT-based content to fans, proving <a href="https://www.crypto-news-flash.com/vechain-secures-patent-for-mobile-inventory-system-on-blockchain/" target="_blank" rel="noopener">VeChain’s ease of integration</a> and powerful capabilities. This partnership highlights VeChain’s strength in tokenization and the integration of real-world assets (RWAs), proving that it can seamlessly bridge the physical and the digital.&nbsp; 
<a href="https://www.crypto-news-flash.com/vechain-news-vedelegate-rewards-411-stakers-with-160000-b3tr-tokens-in-first-vebetterdao-distribution/" target="_blank" rel="noopener">VeChain’s initiative </a>also highlights the company’s strength in the tokenization sector along with the Real World Asset (RWA) integration. Through the integration of the intangible and tangible, VeChain has laid down the foundation for future developments in the industry.&nbsp; 
As outlined in our<a href="https://www.crypto-news-flash.com/vechains-maas-platform-to-change-16-trillion-raw-and-tokenization-market-of-the-future-can-vet-rally-to-2/" target="_blank" rel="noopener"> recent blog post,</a> the launch of VeChain’s Marketplace-as-a-Service (MaaS) platform is a revolution in the blockchain industry. This platform provides a simple way for companies to list and manage their digital assets and, thus, integrate blockchain into their activities.&nbsp;One of the MaaS platform’s key features is its user-friendly interface that provides a no-code interface where users can build and govern digital assets with ease and without the need for coding skills.&nbsp; 
<h3 id="strong-vechain-s-price-surges-as-analyst-predicts-bullish-breakout-strong">VeChain’s Price Surges as Analyst Predicts Bullish Breakout</h3> 
Currently, VeChain is trading at $0.02545, marking a 2% gain over the last 24 hours. The cryptocurrency has seen a 24-hour trading volume of $45.78 million and a market capitalization of $2 billion.&nbsp; 

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 <div class="mcw-chart mcw-chart-light" data-font="inherit" data-coin="vechain" data-symbol="VET" data-currency="USD" data-rate="1.000268" data-type="chart" data-view="day" data-theme="light" data-smooth="true" data-areacolor="" data-bgcolor=""></div>
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Leading crypto analyst Worlds Of Charts <a href="https://x.com/WorldOfCharts1/status/1810502276697522302?t=VKEvx6xuRFGVtvC8p-ctsw&amp;s=19" target="_blank" rel="noopener">has provided</a> an optimistic outlook for VeChain’s price trajectory. The analyst, in a detailed technical assessment, observed that VeChain has been trading within a daily descending channel, a formation that is usually bearish. This pattern has lower highs and lower lows that create a descending channel. 
<img loading="lazy" decoding="async" class="alignnone wp-image-751341 size-full" src="https://www.crypto-news-flash.com/wp-content/uploads/2024/07/GSAyOABWgAAwqa3.jpg" alt="" width="900" height="415" srcset="https://www.crypto-news-flash.com/wp-content/uploads/2024/07/GSAyOABWgAAwqa3.jpg 900w, https://www.crypto-news-flash.com/wp-content/uploads/2024/07/GSAyOABWgAAwqa3-300x138.jpg 300w, https://www.crypto-news-flash.com/wp-content/uploads/2024/07/GSAyOABWgAAwqa3-768x354.jpg 768w, https://www.crypto-news-flash.com/wp-content/uploads/2024/07/GSAyOABWgAAwqa3-150x69.jpg 150w, https://www.crypto-news-flash.com/wp-content/uploads/2024/07/GSAyOABWgAAwqa3-450x208.jpg 450w" sizes="(max-width: 900px) 100vw, 900px"> 
However, recent developments indicate a shift in market sentiment.&nbsp; On the lower timeframe, VET has bounced off the trendline, indicating a possible shift in the trend. The next major level to watch for VET will be the trendline of the descending channel around the $0.0300 level. 
Additionally, Egrag, a crypto analyst, has recently posted an analysis on X, suggesting that VET is in the final stages of corrective wave 2 and is due to enter wave 3. This wave is usually the strongest and most explosive and is expected to propel the VET price north of $1. 5, possibly touching $1. 8.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/VET?src=hash&amp;ref_src=twsrc%5Etfw">#VET</a> <a href="https://twitter.com/hashtag/BULLRUN?src=hash&amp;ref_src=twsrc%5Etfw">#BULLRUN</a> in Progress! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 Amidst the ongoing <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> saga, <a href="https://twitter.com/hashtag/VET?src=hash&amp;ref_src=twsrc%5Etfw">#VET</a> is holding strong! <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;"> I believe we are nearing corrective wave 2⃣ and gearing up for wave 3⃣. Get ready for that epic <a href="https://twitter.com/hashtag/blowofftop?src=hash&amp;ref_src=twsrc%5Etfw">#blowofftop</a> around $1.5-1.8! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f31f.png" alt="🌟" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/VeChain?src=hash&amp;ref_src=twsrc%5Etfw">#VeChain</a> <a href="https://twitter.com/hashtag/VET?src=hash&amp;ref_src=twsrc%5Etfw">#VET</a> will unlock ur financial chains. <a href="https://t.co/3qmPBv3BYI">pic.twitter.com/3qmPBv3BYI</a> 
 — EGRAG CRYPTO (@egragcrypto) <a href="https://twitter.com/egragcrypto/status/1810376063673053397?ref_src=twsrc%5Etfw">July 8, 2024</a>
</blockquote> 
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&nbsp; 
Egrag’s analysis is based on the Elliott Wave Theory, suggesting that VET is completing Wave 2 of a 5-wave sequence. The anticipated Wave 3 is expected to propel VET upwards, with projected targets of $1.5 to $1.8. The chart identifies key support and resistance levels crucial for maintaining this bullish outlook. Notably, VET is holding above a significant support zone at $0.03, which is vital for sustaining the bullish structure and advancing toward the targets. 
&nbsp;

VeChain Introduces Revolutionary MaaS Platform with Gresini Racing

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