VeChain Prepares for MWC2024: Could a Major Reveal Impact VET Price?
Blockchain platform VeChain is generating significant anticipation as it prepares to unveil major updates on February 28, with CEO Sunny Lu set to make the announcement at the Mobile World Congress 2024 in Barcelona. Speculations within the community regarding potential changes to tokenomics and the possibility of airdrops have already driven up VET prices, drawing attention from traders. The positive sentiment among prominent traders, who express confidence in VeChainâs promising chart, suggests the potential for reaching an all-time high if the current bullish momentum continues. At present, VeChain (VET) is trading at $0.04832 with a market cap of $3.5 billion, experiencing a notable surge in the last 15 and 30 days.
Amidst these developments, VeChain continues to gain recognition by joining the AI & Blockchain Convergences Task Force, initiated by the International Association for Trusted Blockchain Applications (INATBA). This consortium, running from February to December 2024, involves over 10 esteemed organizations and institutions, exploring the integration of AI and blockchain technologies. Additionally, VeChain aims to disrupt the traditional dominance of legacy financial institutions in the payment processing sector by filing a trademark application to integrate cryptocurrencies into its operations, aligning with the forecasted $20 trillion value of the payments sector by 2026. VeChainâs commitment to driving blockchain advancements across various domains, including carbon neutrality and healthcare services, reinforces its position as a trailblazer in the blockchain space.
Noteđš: this is not a financial advice, DYOR
Like and follow me for more update on accurate crypto newsâșïž
Stay informed with your daily dose of crypto news! đđ Hit that likeđ and follow me on a thrilling journey through the ever-evolving crypto space. đ°đ Letâs explore the changes together our gateway to crypto excitement! âșïž
