VeChain

when

A self-acclaimed <a href="https://www.newsbtc.com/altcoin/vechain-vet-to-new-ath/">VeChain (VET)</a> insider has made a bold claim about the token’s price. The insider suggested that VET’s tepid price action is a strategic ploy by the team, and the token will eventually make a parabolic rise when the time comes.&nbsp; 
<h2 id="vechain-will-reach-the-finish-line">VeChain Will “Reach The Finish Line”</h2> 
The self-claimed insider known as ‘VeChain Whale’ admitted in an X (formerly Twitter) <a href="https://x.com/nike2144447405/status/1776670283589677468" rel="nofollow">post</a> that VET’s price is slow but added that the token will “reach the finish line.” He made this statement while comparing VET to a “snail” in <a href="https://bitcoinist.com/xrp-price-action-legal-expert/" rel="nofollow">terms of price action</a>.&nbsp; 
VeChain Whale further revealed that the team could “pump the token” if they wanted but haven’t because of fear of “regulation and other factors.” The claim about regulation looks to be related to the <a href="https://www.newsbtc.com/crypto/sec-announcement-crypto/#:~:text=What%20The%20SEC's%20Latest%20Announcement%20Means%20For%20The%20Crypto%20Industry,-by%20Scott%20Matherson&amp;text=A%20recent%20announcement%20by%20the,actions%20have%20had%20on%20it.">Securities and Exchange Commission (SEC)</a> and the fear that the network could face regulatory scrutiny from the Commission.&nbsp;&nbsp;&nbsp; 
The VeChain “insider” also claimed that the team wasn’t worried about VET’s price because they were aware that “90% of tokens will vanish” after the bull run, but VeChain would still be around. That is why they are choosing to play the “snail game,” unlike the other tokens that “do whatever to <a href="https://bitcoinist.com/cardano-solana-sol-vs-ada-price/#:~:text=The%20comparison%20was%20drawn%20when,ecosystem%20or%20real%20network%20value.%E2%80%9D" rel="nofollow">gain attractions</a> and move up in the ranking at all cost.” VeChain Whale added.&nbsp; 
As expected, VeChain Whale’s post attracted criticism from crypto community members who <a href="https://x.com/mcvetpants/status/1776717654327177519" rel="nofollow">questioned</a> when he became a VeChain insider. In response, VeChain Whale <a href="https://x.com/nike2144447405/status/1776899789311115382" rel="nofollow">stated</a> that he needed to prove the doubters wrong and suggested that a major announcement was coming in June, which would make those doubting him now offer an apology when the time came.&nbsp; 
<h2 id="vet-s-price-set-to-explode">VET’s Price Set To “Explode”</h2> 
In a subsequent <a href="https://x.com/nike2144447405/status/1777242834334319029" rel="nofollow">X post</a>, he mentioned that the team would make many announcements in the next two months, which would cause VET’s price to “explode.” He further assured <a href="https://bitcoinist.com/vechain-partners-with-shopping-io-to-enable-vet-holders-shop-with-vet-on-amazon-ebay-walmart-and-etsy/" rel="nofollow">VET holders</a> that they can expect to see a 10x increase in the token’s price by June.&nbsp; 
Meanwhile, crypto analyst Egrag Crypto <a href="https://www.newsbtc.com/altcoin/vechain-vet-price-rally-14600/">previously provided</a> some insights into how high VET’s price could rise when the time comes, mentioning that the crypto token could see a 140x increase in its price. However, Egrag failed to say when precisely this parabolic price surge will happen.&nbsp; 
<a href="https://bitcoinist.com/crypto-analyst-predicts-1300-for-cardano/" rel="nofollow">Crypto analyst and YouTuber Crypto ZX</a> also once predicted that VET was primed to enjoy significant price increases and further stated that the crypto token could hit new all-time highs (ATHs) if it succeeded in breaking certain resistance levels.&nbsp; 
At the time of writing, VET is trading at around $0.0455, up over 7% in the last 24 hours according to <a href="https://coinmarketcap.com/currencies/vechain/" rel="nofollow">data</a> from CoinMarketCap.&nbsp; 
<img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/nCrxdwxk/" alt="VeChain (VET) price chart from Tradingview.com" width="3286" height="1530">

VeChain On The Edge: Insider Says VET Will Reach The Finish Line

İçindekiler

NewsBTC

9 Nis 2024 tarihli diğer yazılar

Supply Crunch Post Bitcoin Halving Will Not Affect Price, Says Marathon CEO

$RECQ Presale Reach For The Star Amid Insane 50x Potential While MATIC And UNI Struggle With Mark...

Raffle Coin Redefines DeFi Expectations Attracting Ripple & USDC Enthusiasts with High-Yield Pres...

Bitcoin Down 4% But Crypto Has Not 'Reached The Cycle Top,' Trader Points Out

Unveiling the Reign: Top AI Altcoins Poised to Dominate April 2024

Jupiter and Solana show strength as experts eye RECQ

Güncel kripto para haberleri için ücretsiz bültenimize abone olun!