Cryptocurrency VeChain Up More Than 8% In 24 hours
Portfolio Pulse from Benzinga Insights
VeChain (CRYPTO: VET) has seen an 8.34% increase in price over the last 24 hours, reaching $0.05, continuing a positive trend with an 11.0% gain over the past week from $0.04. The trading volume for VeChain has surged 82.0% over the past week, with its circulating supply increasing to 72.71 billion, representing 83.86% of its max supply. VeChain's market cap is now ranked #39 at $3.42 billion.
April 11, 2024 | 3:02 pm
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VeChain (VET) has experienced a significant price increase of 8.34% in the last 24 hours, with an 11% gain over the past week, and a surge in trading volume by 82%. The circulating supply has also increased, contributing to its current market cap of $3.42 billion.
The significant increase in VeChain's price and trading volume, along with the increase in circulating supply, indicates a strong market interest and positive momentum for VET. This could likely lead to a short-term upward trend in its price, especially considering its recent performance and current market cap ranking.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100