VeChain (VET) Price Surges After Coinbase Listing: Up 7% and Climbing
VeChain (VET), an enterprise-focused altcoin, is experiencing a significant surge after being listed by top US-based crypto exchange Coinbase. This news has triggered considerable excitement in the crypto community, driving up the price of VET and attracting new investors to the VeChain ecosystem.
VET Price Jumps Following Coinbase Listing
The native crypto asset of the VeChain blockchain, VET, saw a jump from a low of $0.0146 on Sept. 12 to a high of $0.0166. The rise was sustained. In fact, the VET price experienced a notable surge. On September 11th the low was $0.0146, reaching a peak of $0.0172 shortly after the announcement. This represents a significant increase and highlights the positive impact of the Coinbase listing on VeChain's market performance.
VeChain: The Enterprise Blockchain Solution
Coinbase added VeChain (VET) in June, a crypto project that uses blockchain technology to improve supply chain management and business processes. VeChain's focus on enterprise solutions has made it a popular choice for businesses looking to leverage the benefits of blockchain technology. The Coinbase listing provides VeChain with greater accessibility to a wider range of investors, further bolstering its growth potential.
Sustained Momentum for VeChain (VET)
The rise of VeChain (VET) has been impressive. While initial reports suggested a 7% surge, some sources indicate the price increase exceeded 12% or even 17.8% from its recent low. This positive momentum reflects the market's confidence in VeChain's long-term prospects and the increased liquidity and visibility resulting from the Coinbase listing.
Disclaimer: Cryptocurrency investments are highly volatile and carry significant risk. Please conduct thorough research and consult with a financial advisor before investing in any cryptocurrency.