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VeChain has been actively involved in various development initiatives and projects, including the recent introduction of “The HiVe” event, which has garnered attention from the Web3 community. Throughout 2023, the VeChain team has been consistently providing updates on their ongoing developments and has multiple projects in progress. Furthermore, on March 6, 2023, they released a new whitepaper, unveiling the VET 3.0 protocol. Also read: Ripple Price Prediction (XRP): July-End 2023 In their most recent announcement, the team shared details about their web3-as-a-service platform, the VORJ. Additionally, they have expressed their intention to explore the AI industry and leverage OpenAI to implement human-readable decoded contracts. VeChain is trading at $0.01851 at press time, according to CoinMarketCap. Considering these criteria, here is our Price Prediction for VeChain for July-End 2023. Source: The Metal Blog VET Price Prediction for July-End 2023 Cryptocu...

VeChain ’s native token VET is facing resistance at $0.025 on Friday and it is beginning to retrace in price. VET had a good start since January 2023 climbing from $0.015 to $0.025 in February. Now that VeChain is gaining steam in the indices, investors are keen to see it reach the $1 mark in the next bull run. However, the cryptocurrency needs to break several hurdles to hit $1, and getting there could take longer than imagined. Also Read: VeChain Price Prediction for Mid-February 2023 Source: CoinMarketCap.com VET: Low-Risk & High-Potential Cryptocurrency VeChain is considered a low-risk and high-potential cryptocurrency as it’s equipped with a long set of use cases. The layer-1 allows developers to create and launch smart contracts and decentralized applications on top of its network. It also dwells into logistics and supply chain management helping other businesses widen their operational services. Therefore, VeChain ’s use cases are aplenty an...

Despite the odds, VeChain continued to grow in a positive direction in 2022. At the beginning of Q4, it announced expansion plans for its team in Europe. The VeChain Foundation revealed that the company was to hire 100 new developers to work in Europe, “pushing out new tools, technologies, developer libraries, and so on.” VeChain has parallelly been expanding its footprint and real-life use cases over the past few months. Recently, the foundation announced that the world’s most valuable NFT with a real-world application was minted on the VeChainThor blockchain. Now, its leading NFT marketplace, VeSea , has scripted another record. The platform surpassed 100 million in total trading volumes recently. The number currently stands at 101 million VET . Parallelly, the number of NFTs minted on VeSea has crossed 134k and the marketplace boasts over 252.6k items at press time. VeSea’s official tweet announcing the volume milestone asserted, “2023 is going to be a banger....