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VET Poised for Explosive Upward Price Action as VeChain Teases Exciting Venture for Readers Worldwide

source-logo  cryptonewsland.com 17 June 2024 09:11, UTC
  • VeChain teases the announcement for another massive collaboration.
  • The Non-Fungible Book Club and VeChain are working behind the scenes.
  • Amidst the excitement VET price prints a huge bullish falling wedge pattern.

VeChain is recognized as one of the most bullish projects to see explosive gains in this crypto bull cycle. As the super bull cycle approaches, many altcoins are gearing up for a massive upward price spike and VeChain’s VET is one of the leads.

In particular, it is VeChain’s dedicated venture into Real World Asset (RWA) tokenization that has the crypto community expecting a massive explosive price surge for VET price this crypto bull cycle.

Besides this, VeChain has led exceptional ventures since the start of this year to draw global attention and reputable recognition across many fields. So far, it has partnered with UFC and the Italian Open bringing great success to the project.

This paired with its VeBetterDAO unveiling and the anticipation for its mainnet launch has further fueled bullish expectation for the popular crypto altcoin. Thus, according to many analyst, it is only a matter of time until this resounding success is reflected on the VET price.

$VET Huge Daily Falling Wedge

When this formation breaks bullish, it will ignite the next big move for #VET

Can't wait for some BULLISH price action for #Vechain again! pic.twitter.com/k4wuHtFo1S

— Crypto Yapper (@CryptoYapper) June 15, 2024

According to the post above, the VET price chart is forming just that, a huge daily falling wedge which means a breaking bullish price spike igniting at the end of this falling wedge formation. Thus, the VeFam expects a new VET ATH very soon.

Books are treasure troves of thought and knowledge, wrapped in silent cladding 📚https://t.co/0lVb6UvCdh

— VeChain (@vechainofficial) June 17, 2024

In addition, contributing to this incredibly bullish narrative is a teaser to VeChain’s latest venture. What the world could expect next from VeChain is to receive rewards for a thirst for knowledge.

Prepare for another bullish announcement teased by the project for readers across the world. This will likely be a collaboration with the Non-Fungible Book Club. Could this announcement ignite the next season ATH for VET?