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- An analyst has predicted that VeChain (VET) could lead the bull market as its VeBetterDAO platform significantly promotes real sustainability compared to competitors.
- An analyst has predicted that VET could surge by 3000% to reach $0.63 from the current position of $0.060.
VeChain’s VET has been one of the most successful cryptos in the ongoing bull market. Its 30-day price chart shows a staggering 125% surge, and its market cap is now $4.99 billion.
Fascinatingly, an analyst identified as Prudent Sammy believes that the asset could lead the bull market to an unprecedented height.
Nice thread, @PrudentSammy! Dive in to get some perspective on how we’re achieving real world impact and empowering YOU with our new app ecosystem – https://t.co/PaotvzaNgZ https://t.co/5kutc4EaoS— VeChain (@vechainofficial) December 11, 2024
Speaking to his X followers, Prudent explained that the recent consolidation of Bitcoin (BTC) forced investors to search for the next big project. Meanwhile, the next innovation lies in the long-term utility impact, of which he finds the VeBetterDAO as the next big step of blockchain.
Throwing more light on this, the analyst highlighted the need for real sustainability in Web3 and how it needs a boost. Specifically, sustainability has become a global challenge as activists and globally recognized organizations push for the mass effort to plant trees, engage in recycling, and the need to live healthier. According to him, the traditional system does not provide rewards to make sustainable actions a habit, making it difficult to push such an agenda.
Highlighting the relevance of VeBetterDAO in addressing this challenge, Prudent outlined that the platform:
- Rewards real-world actions, including recycling and exercising.
- Empower individuals and organizations to drive impactful change.
- Tokenize efforts into measurable, on-chain sustainability proofs.
VeBetterDAO’s B3TR Token at the Center of Operations
In his submission, the analyst introduced the B3TR token, which is the backbone of the VeBetterDAO platform. Users who engage in eco-friendly actions through the X2Earn dApps earn B3TR. Additionally, it is used to participate in DAO governance. Most importantly, this token is redeemable in real life.
Analyzing his thesis, CNF observed that Prudent’s confidence in the ecosystem is strongly embedded in three main factors that set VeBetterDAO apart from other platforms.
- Firstly, he highlighted the existence of a fair token launch on the platform. This eliminates insider deals and pre-sales to put everyone on a level playing field.
- He also pointed out that VeBetterDAO has a real utility and it is backed by the technology and governance of VeChain.
- Finally, Prudent highlighted the sustainability-first principle of the platform.
Speaking on the X2Earn dApps, Prudent disclosed that this has been the core of the platform with interesting offerings such as Plant2Earn, Sweat2Earn, and Recycle2Earn. Above all, VeBetterDAO was built on transparency and a community-driven DAO model.
VeBetterDAO proves that everyday actions can drive extraordinary change – and you get rewarded for it. VeBetterDAO is more than a rewards platform, it is a movement. Tokenizing the $16T+ sustainability market…Enough sitting on your hands, it is time to take action. Follow VeBetterDAO to see how sustainability becomes rewarding. I am in already, should you too. Let’s create a world where doing good is good for you.
VET is currently trading at $0.06085. As we recently reported, an analyst believes that the asset could surge by 3000% to hit $0.63.