- VeChain mainnet sees heightened activity with over 2.5 million clauses.
- The blockchain has broken its own year-long record by a significant margin.
- $VET price has pumped over 85% in the last 30 days with more bullish indicators ahead.
Altcoins are showing frenzied action igniting expectations over the start of altseason. At the moment, the price of Bitcoin ($BTC) has reclaimed the $96,000 price mark moving steadily to the upside of its steady sideways movement. With sentiment from seasoned analysts about the $100,000 $ATH price on the horizon, the crypto market remains strongly bullish.
While analysts and traders await eagerly for a 6-digit $ATH to appear for Bitcoin ($BTC) price, many altcoins are showing even greater bullish indicators. This is no surprise as the expectations for a bullish altseason have only grown stronger throughout Bitcoin’s bullish momentum this Q4.
Altcoins Show Bullish Signs
Presently, the Crypto Fear & Greed Index points to a score of 78 highlighting the ‘Extreme Greed’ zone of the crypto market. While many altcoins have followed Bitcoin’s lead and have pumped, in some cases, over 200%, other altcoins seem to just be getting started.
#vechain mainnet is on fire today 🤯🔥
— Paul (@Paul_VCS) November 28, 2024
Over 2.5M clauses already! We're breaking the year-long record by a margin and the day isn't close to being over 😀
See the numbers grow in real-time and discover which contracts are creating this peak on the new dApp Radar dashboard:… pic.twitter.com/ORbLfsJYtF
VeChain Mainnet Sees Bullish Activity
For instance, many altcoins show strong pump potential even after having made significant gains so far. To highlight, one such altcoin is VeChain ($VET). According to CoinMarketCap analytics, the price of $VET has gone up by over 85% in just a month.
Furthermore, the post above highlights how the VeChain mainnet is seeing heightened activity with over 2.5M clauses already, the blockchain is breaking its year-long record by a margin. With such passion fueling the blockchain, analysts are certain that $VET price will continue to pump this bull cycle.