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VeChain (VET) filed a financial services trademark in July this year, covering various cutting-end offerings, including crypto trading, digital tokens issuance, and acquisition of virtual coins.
‼️V3TR – Vechain has a Financial Services Trademark that is pending
— Bitcoin Whales (@Cryptosaround) December 16, 2023
The trademark was filed in July this year.
What does #V3TR stand for? 🧐#vefam $vet #vechain 🙃https://t.co/jJW9FrprTC pic.twitter.com/XdS274Z4IQ
With the multiple cutting-edge financial services, approving this trademark could make VeChain’s ecosystem ISO 20022 compliant, positioning VET to dominate the trillion-dollar payments industry. Considering the multiple financial offerings, such a move would make collaborating with central banks a possibility.
VeChain exhibits an optimistic ecosystem, which contributes to the increasing new wallets joining the network.. Meanwhile, authorizing the pending trademark will establish the project to dominate the digital payments market.
VET price forecast – a possible 150% jump
VeChain’s price maintained steady uptrends amidst the latest broad-based rally. The altcoin surged over 45% within the previous month. Meanwhile, some analysts believe VET will extend its uptrends in the upcoming weeks.
Crypto analyst Ali Martinez revealed that VET is printing a consolidation phase seen between 2018 & 2020. Such a development could push VeChain prices past the resistance level at $0.033 in the coming two weeks.
#VeChain, the forgotten Chinese #Ethereum, appears to mirror the consolidation phase we saw in 2018-2020!
— Ali (@ali_charts) December 15, 2023
If so, $VET could break through the $0.033 resistance barrier within the next two weeks. The upswing could send #VET to $0.077 by late January. That's a 150% price increase! pic.twitter.com/5E2g76H7yG
Martinez believes VET could climb to $0.077 come January 2024, translating to an impressive 150% value increase.
Besides Martinez, renowned chartist EGRAG expects VET to skyrocket 7,500% yo $2.3. He highlighted the alt’s prolonged downtrend, which mirrors the journey to 2021 record highs.
VeChain (VET) Set To Explode: Analyst Predicts 7,500% Rally To $2.3
— Long live crypto$ (@WorstLuckBrian) December 17, 2023
Popular crypto analyst EGRAG just predicted a massive 7,500% rally that will send VET soaring to $2.3. VeChain (VET) is currently trading at $0.02945, but according to this analyst, the crypto is set for a price…
EGRAG described VeChain as the project that “will unlock your financial chain.”
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