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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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