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VET Rose By 73% Amid Participation In A Global Conference On Artificial Intelligence

Anna Martynova

The VeChain Foundation will take part in the World Conference on Artificial Intelligence, which will be held in Shanghai from July 9 to 11. Among the participants are Microsoft, Amazon, Alibaba. It is also known that the sponsor of the conference is the government of Shanghai.

Over the past five days, the value of VeChain cryptocurrency has grown by 73%. According to experts, this was the result of VeChain participating in the World Conference in Shanghai. Over the past five days, VET managed to renew its two-year high, as a result, the coin has deservedly returned to the top 20 cryptocurrencies by market capitalization.

During the day, the VET coin went up by 50%, and market trading volumes increased 5.5 times. At the time of writing, the altcoin is trading at $0.014466, its market capitalization was $802 mln. It is also worth noting that a purchase order of 59,668,559 VET was noticed on the Bitrue exchange, which is $893,238.

Image: Beincrypto

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