Cryptocurrency VeChain's Price Increased More Than 11% Within 24 hours
Portfolio Pulse from Benzinga Insights
VeChain's (CRYPTO: VET) price has surged 11.96% in the last 24 hours, reaching $0.05, with a weekly increase of over 10%. The trading volume for VET has risen by 42% over the past week, while its circulating supply decreased by 0.21%, now standing at 72.71 billion. VeChain's market cap is currently ranked #34 at $3.61 billion.
February 26, 2024 | 3:03 pm
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VeChain (VET) has seen a significant price increase of 11.96% in the last 24 hours, with a weekly rise of over 10%, and a trading volume increase of 42%.
The substantial increase in VeChain's price and trading volume indicates strong investor interest and market momentum, which could lead to further short-term gains. The decrease in circulating supply, while demand is increasing, could add to the upward price pressure.
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IMPORTANCE 90
RELEVANCE 100