Cryptocurrency VeChain's Price Increased More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
VeChain (VET) experienced a price increase of 3.13% in the last 24 hours, reaching $0.03, with a weekly gain of over 4%. The coin's all-time high is $0.28. Trading volume decreased by 15% over the past week, while circulating supply rose by 0.12% to 72.71 billion, 83.86% of its max supply. VET's market cap ranks #45 at $2.09 billion.
February 02, 2024 | 3:02 pm
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VeChain (VET) saw a 3.13% price increase to $0.03, with a 4% weekly gain. The trading volume decreased by 15%, and the circulating supply increased to 72.71 billion.
The price increase of VeChain (VET) over the past 24 hours and week indicates a positive short-term momentum for the asset. Despite a decrease in trading volume, the increase in circulating supply and the asset's current market cap ranking suggest growing investor interest and potential for further gains. The analysis is based on the reported price movement, trading volume changes, and supply metrics.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100