VeChain price consolidation prolonged, while VET developers

VeChain price consolidation prolonged, while VET developers pursue a dynamic eNFT ecosystem


May 3, 2021 21:11 GMTCrypto News
VeChain price battles descending trend line with little volume commitment.
Key Fibonacci retracement level of the April decline detaining price strength.
VET to capitalize on enterprises bringing NFTs to the ecosystem.
VeChain price has lagged the collective rebound in the cryptocurrency complex with a meager 12.5% rally since the April 17 low. To overcome trend line resistance and march to the all-time high, VET may need a catalyst.
VeChain price yet to price in a new eNFT ecosystem
In a lengthy analysis, VET concluded that enterprises would be fundamental to the mass adoption of NFT. The optimum way is to work with them to co-develop a vibrant eNFT (Enterprise NFT) Ecosystem on the VeChain Thor blockchain.

Related Keywords

Vechain Thor , Proof Of Authority Po , , ப்ரூஃப் ஆஃப் அதிகாரம் போ ,

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