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Currency Price Analysis 2_VeChain’s new token B3TR currency price rebounded from the bottom or even reached a new high?
This article wants to talk about the key catalyst for the rise in B3TR currency prices: the first governance proposal proposed by Vechain founder and CEO-Sunny Lu
Why is this proposal important?
Let’s first understand what the core appeal of the proposal is.
Goal: Temporarily delete the voting and funding mechanisms currently in use
Reason: Solve the witch attack problem
It may be difficult to understand for those who are not familiar with VeChain. This must be explained in conjunction with the second point of the previous article.
According to Sunny's proposal, the proposal was launched to prevent the projects on VeBetterDAO from re-voting the B3TR airdropped by DAO to their own projects, so that they can always stay in the leading position and obtain the maximum airdrop income.
Let me briefly translate it, that is, some DAPP projects did not use the B3TR airdropped by DAO for project growth or feedback to the community to promote sustainable development. Instead, they transferred it to their own wallets for other purposes. This is a serious violation of DAO. original intention.
According to Sunny, he hopes to temporarily suspend the voting and funding mechanisms through the proposal, and through a series of subsequent improvement plans to avoid the possibility of witches doing evil.
The proposal mentions several possible operations, such as: implementing KYC-related measures for DAPP projects, and calling on the project team to independently promise not to abuse B3TR airdrop rewards and accept community supervision of the project team’s capital flow.
Summarize
Although it is only the launch of a proposal, as a community, we can feel that VeChain still attaches great importance to the development of VeBetterDAO, which is enough to inspire confidence in the community. We believe that the team will still work hard with the community to promote the development of VeBetterDAO.
And the proposal clearly corresponds to the biggest problem at this stage. I think if the problem can be successfully corrected in the future, it will be able to effectively eliminate the bad projects on VeBetterDAO who only want to share the B3TR airdrop rewards.
At the same time, I hope that VeChain can work hard to improve the liquidity of B3TR, connect with more exchanges, and open more trading pairs. Maybe one day it will be listed on a major exchange like Binance, and the currency price will skyrocket?
※The above content is purely personal sharing and does not constitute investment advice (NFA). Users are advised to DYOR and assess their personal risk tolerance.
※The attached picture is taken from the VeBetterDAO proposal
#vechain #vet #Airdrop #空投零噜分享 #B3TR $VET
This article wants to talk about the key catalyst for the rise in B3TR currency prices: the first governance proposal proposed by Vechain founder and CEO-Sunny Lu
Why is this proposal important?
Let’s first understand what the core appeal of the proposal is.
Goal: Temporarily delete the voting and funding mechanisms currently in use
Reason: Solve the witch attack problem
It may be difficult to understand for those who are not familiar with VeChain. This must be explained in conjunction with the second point of the previous article.
According to Sunny's proposal, the proposal was launched to prevent the projects on VeBetterDAO from re-voting the B3TR airdropped by DAO to their own projects, so that they can always stay in the leading position and obtain the maximum airdrop income.
Let me briefly translate it, that is, some DAPP projects did not use the B3TR airdropped by DAO for project growth or feedback to the community to promote sustainable development. Instead, they transferred it to their own wallets for other purposes. This is a serious violation of DAO. original intention.
According to Sunny, he hopes to temporarily suspend the voting and funding mechanisms through the proposal, and through a series of subsequent improvement plans to avoid the possibility of witches doing evil.
The proposal mentions several possible operations, such as: implementing KYC-related measures for DAPP projects, and calling on the project team to independently promise not to abuse B3TR airdrop rewards and accept community supervision of the project team’s capital flow.
Summarize
Although it is only the launch of a proposal, as a community, we can feel that VeChain still attaches great importance to the development of VeBetterDAO, which is enough to inspire confidence in the community. We believe that the team will still work hard with the community to promote the development of VeBetterDAO.
And the proposal clearly corresponds to the biggest problem at this stage. I think if the problem can be successfully corrected in the future, it will be able to effectively eliminate the bad projects on VeBetterDAO who only want to share the B3TR airdrop rewards.
At the same time, I hope that VeChain can work hard to improve the liquidity of B3TR, connect with more exchanges, and open more trading pairs. Maybe one day it will be listed on a major exchange like Binance, and the currency price will skyrocket?
※The above content is purely personal sharing and does not constitute investment advice (NFA). Users are advised to DYOR and assess their personal risk tolerance.
※The attached picture is taken from the VeBetterDAO proposal
#vechain #vet #Airdrop #空投零噜分享 #B3TR $VET
Currency Price Analysis_VeChain’s new token B3TR currency price rebounded from the bottom or even reached a new high?
There has been no update on the current situation of B3TR for a while. The currency price of B3TR has been rising steadily recently, and it has even exceeded ATH in one fell swoop. It is worth discussing.
I plan to publish two news articles for discussion. The first article will discuss the reasons for the previous decline in currency prices, and the second article will discuss the reasons for the current rise in currency prices.
Get to the point
Initially, B3TR was distributed through free airdrops, which may be one of the reasons for the continuous decline in currency prices after the launch. In addition, I think there are several other factors that are also influencing factors:
1. There are too few places where B3TR can be traded.
In addition to VeChain's native DEX, the centralized exchange cooperated with OceanEX. Due to OceanEX's past dark history, this caused great commotion in the VeChain community at the time.
2.The quality of projects on VeBetterDAO varies
In the early stages of project operation, it was obvious that some projects were launched just to share the rewards of B3TR and did not really want to promote the concept of sustainable development or the application of blockchain. This made B3TR holders question the operational effectiveness of VeBetterDAO. .
3. VeBetterDAO’s development is stagnant and progress is slow
For a long time, no new projects appeared on VeBetterDAO, leaving B3TR holders to basically vote and receive airdrops every week.
As mentioned in the second point, since the projects on VeBetterDAO have the concept of sharing the pie, there is not much interactive meaning, and even the projects may not redistribute the B3TR airdropped by DAO to users. This makes B3TR holders do not see the meaning of holding B3TR and participating in the ecosystem.
summary
In general, VeBetterDAO at that time felt like an airdrop! B3TR holders cannot see the future of B3TR, which makes everyone directly dump the B3TR airdrop rewards after voting into the market every week, causing the currency price to plummet.
The next article will continue to discuss the reasons why B3TR currency prices are rising today!
※The above content is purely personal sharing and does not constitute investment advice (NFA). Users are advised to DYOR and evaluate their personal risk tolerance.
※The attached picture is taken from OceanEX’s B3TR/VET trading pair
#vechain #vet #VeBetterDAO #Airdrop #空投零噜分享 $VET
There has been no update on the current situation of B3TR for a while. The currency price of B3TR has been rising steadily recently, and it has even exceeded ATH in one fell swoop. It is worth discussing.
I plan to publish two news articles for discussion. The first article will discuss the reasons for the previous decline in currency prices, and the second article will discuss the reasons for the current rise in currency prices.
Get to the point
Initially, B3TR was distributed through free airdrops, which may be one of the reasons for the continuous decline in currency prices after the launch. In addition, I think there are several other factors that are also influencing factors:
1. There are too few places where B3TR can be traded.
In addition to VeChain's native DEX, the centralized exchange cooperated with OceanEX. Due to OceanEX's past dark history, this caused great commotion in the VeChain community at the time.
2.The quality of projects on VeBetterDAO varies
In the early stages of project operation, it was obvious that some projects were launched just to share the rewards of B3TR and did not really want to promote the concept of sustainable development or the application of blockchain. This made B3TR holders question the operational effectiveness of VeBetterDAO. .
3. VeBetterDAO’s development is stagnant and progress is slow
For a long time, no new projects appeared on VeBetterDAO, leaving B3TR holders to basically vote and receive airdrops every week.
As mentioned in the second point, since the projects on VeBetterDAO have the concept of sharing the pie, there is not much interactive meaning, and even the projects may not redistribute the B3TR airdropped by DAO to users. This makes B3TR holders do not see the meaning of holding B3TR and participating in the ecosystem.
summary
In general, VeBetterDAO at that time felt like an airdrop! B3TR holders cannot see the future of B3TR, which makes everyone directly dump the B3TR airdrop rewards after voting into the market every week, causing the currency price to plummet.
The next article will continue to discuss the reasons why B3TR currency prices are rising today!
※The above content is purely personal sharing and does not constitute investment advice (NFA). Users are advised to DYOR and evaluate their personal risk tolerance.
※The attached picture is taken from OceanEX’s B3TR/VET trading pair
#vechain #vet #VeBetterDAO #Airdrop #空投零噜分享 $VET
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VeChain $B3TR Trend Analysis & Current Situation Analysis
Last year, I introduced VeChain's new product line VeBetterDAO airdrop plan. At that time, there were some partners who participated together. If they have continuously used the VeBetterDAO voting system over the past six months since the token was released, they should have accumulated at least $1500~$2000 in B3TR (VOT3) airdrop earnings by now.
By simply visiting the VeBetterDAO website each week and voting with governance tokens, you can receive free token airdrops, which is a very easy way to obtain passive income, as it incurs no cost.
In the last month, B3TR tokens have risen more than 500%, as shown in the image below:
The image is taken from CoinGecko
Reasons for the rise
I believe the main reason for the rise lies in community governance proposals; recently, someone has announced that four governance proposals will be submitted in succession.
By simply visiting the VeBetterDAO website each week and voting with governance tokens, you can receive free token airdrops, which is a very easy way to obtain passive income, as it incurs no cost.
In the last month, B3TR tokens have risen more than 500%, as shown in the image below:
The image is taken from CoinGecko
Reasons for the rise
I believe the main reason for the rise lies in community governance proposals; recently, someone has announced that four governance proposals will be submitted in succession.
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🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨
$VET 😎
Everyone celebrating the rise of #B3TR
, but the true OGs know that the real explosion is yet to come with #VetChain . 4 years of accumulation, solid fundamentals, and real adoption. Will #VET be the next to surprise the market? 🚀🔥
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$VET 😎
Everyone celebrating the rise of #B3TR
, but the true OGs know that the real explosion is yet to come with #VetChain . 4 years of accumulation, solid fundamentals, and real adoption. Will #VET be the next to surprise the market? 🚀🔥
💰 Don't miss out, 👉👉👉👉👉👉👉👉👉👉follow this account to stay updated with the best crypto news and spot the next big opportunity before anyone else. #Binance #Write2Earn #BTCBullRun2025
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#钱包的自白：2024我都经历了什么
2024 focused on participating in VeChai#vet#VTHO/USDT ecosystem
got another million in my life
#VeBetterDAO
#B3TR
come on
2024 focused on participating in VeChai#vet#VTHO/USDT ecosystem
got another million in my life
#VeBetterDAO
#B3TR
come on