News

VeChain’s Weekly Accomplishments Boosts Bullish Pump Expectation for VET, $1 ATH This Bull Run?

  • VeChain sees major ecosystem updates and new partnerships.
  • CEO Sunny Lu is set to speak at Blockchain Life 2024 in Dubai.
  • Cleanify VET launches sustainability efforts with jungle cleanup in India.

Expectations for a bullish altseason gains momentum despite Bitcoin’s stagnant movement between $62,000 and $63,000. Many altcoin price charts have already begun to indicate many highly bullish signals. While some altcoins like SUI and FET have already begun to pump significantly, other altcoins are just getting started. 

VeChain’s Weekly Accomplishments Draws Global Attention

Amidst the sea of bullish altcoins preparing for their inevitable pumps this season, one crypto enthusiast highlights the many accomplishments of Vechain (VET). The analyst hopes to see this success reflect in the price of VET in the coming bullish months as the asset is already printing bullish signs on its price chart. 

In detail, the post above details the many bullish highlights for VeChain in the last week from October 01 to October 06. One of the major highlights was the announcement of exciting updates from VeBetterDAO, including advancements in VePassport, the Ex/Economic Node app, and Moon GM NFT upgrades. These updates aim to enhance user experience and utility within the VeChain ecosystem.

Another bullish sign is that VeChain CEO, Sunny Lu, is set to speak at Blockchain Life 2024 in Dubai, an event expected to attract over 10,000 attendees. His presence at such a major event reinforces VeChain’s growing influence in the global blockchain space.

The Ecosystem’s Sucess Should Soon Reflect on VET Price

On the ground, Cleanify VET spearheaded a jungle cleanup initiative in India, contributing to VeChain’s commitment to environmental sustainability. The project has been well-received and aligns with the brand’s push for real-world positive impact through blockchain technology.

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Meanwhile, VeChain’s monthly ecosystem call highlighted several new partnerships and integrations. It also drew light to the new collaboration between SolarShareNFT and International Blockchain Consulting, powered by VeChain technology. 

Additionally, the VeBetter Ecosystem provided updates on its technical solutions, particularly around rewarding mechanisms. Developers also have much to look forward to with the improved Grant Program, which offers a platform for them to turn innovative ideas into tangible products within the VeChain ecosystem. With these initiatives and growing support from both the community and businesses, VeChain continues to grow strong.

Lauren Cole

A focused and vigilant storyteller for all things blockchain and cryptocurrency. Besides consuming every piece of literature about the metaverse, she can often be found at industry convections looking for the latest scoop.

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