VeChain Market Cap Drops to 78th: Will It Recover Soon?
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最新报道：VeChain (VET) continues its bearish trend, with its market cap dropping to $1.91 billion and ranking 79th, down from the top 50. Over the past 24 hours, weekly, and monthly periods, VET has declined by 0.7%, 4.6%, and 8.1%, respectively. Despite recent gains to $0.0777 in late 2024, the asset has faced a nine-month downtrend, influenced by profit-taking and macroeconomic pressures. Analysts suggest potential recovery in the coming weeks, driven by expected Federal Reserve rate cuts and Bitcoin's historical October rallies, though CoinCodex predicts consolidation around current levels, targeting $0.029 by November 29.
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