HomeNewsVeChain (VET) Enters German Market via Coinbase, Bolstering Crypto Accessibility

VeChain (VET) Enters German Market via Coinbase, Bolstering Crypto Accessibility

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  • Coinbase’s expansion in Germany includes VeChain, promising a diverse cryptocurrency portfolio for investors.
  • Lucas, a crypto analyst, predicts VET’s current correction will lead to a bullish rally continuation.

Leading cryptocurrency exchange in the world, Coinbase, has expanded into Germany and added VeChain (VET) and a variety of other digital assets to its portfolio. This growth broadens the range of cryptocurrencies available to German investors, so improving their investing landscape in addition to augmenting Coinbase’s worldwide reach.

The fact that VeChain (VET) is included with other cryptocurrencies such as VOXEL, BIGTIME, TIA, HONEY, ONDO, ZETA, AERO, VELO, STRK, and MOBILE illustrates Coinbase’s commitment to provide a wide range of investment opportunities.

For the VeChain community, which has been expecting a rise in the value of VET due to the project’s dedication to sustainability, this development is very noteworthy.

VeChain Sustainability Drive Attracts Attention 

VeBetterDAO, a cutting-edge platform created to support a sustainability-focused decentralized application (dApp) ecosystem across several industries, is at the center of VeChain’s sustainability ambitions.

By encouraging businesses and individuals to embrace Web3 technology more quickly, the platform’s “Engage, Earn, Prosper” concept hopes to democratize sustainable behaviors on a large scale.

The possibility to acquire B3TR tokens while testing the platform’s functionalities has been made available to participants with the introduction of VeBetterDAO’s Testnet and subsequent airdrop campaigns. This method emphasizes VeChain’s approach to encouraging blockchain adoption through community involvement and engagement incentives.

Furthermore, every Thursday, the VeChain community organizes ‘VeChainThorsday’ events that highlight VeBetterDAO and include updates from pilot dApps.

The weekly gatherings have developed into an essential forum for fostering community involvement and the exchange of creative concepts, thereby fortifying the shared values within the VeChain ecosystem.

VeChain’s growing ecosystem—which is exemplified by key alliances with significant organizations such as Walmart and Vyvo Smart Chain—solidifies the company’s standing as a pioneer in providing blockchain solutions with an emphasis on sustainability. These partnerships increase VeChain’s usefulness in a variety of industries while also enhancing its reputation.

Besides that, VeChain has introduced the Galaxy Member (GM) NFT system, aimed at boosting user engagement within the VeBetterDAO ecosystem. This innovative approach leverages NFTs to incentivize and reward community participation, as formerly reported by ETHNews. To explore this developments in more depth, you can watch the YouTube video below.

Bullish Continuation Forecast 

Lucas, a well-known crypto analyst at X, has tweeted his analysis of the market trends for VET in the midst of these developments. He notes that VET is currently going through a corrective phase, which he thinks may lead to the resumption of the positive trend.

Source: Lucas on X

The crypto community has been energised by Lucas’s observations, and investors are closely observing VET’s market movements in anticipation of the next upward leap.

Previously, VeChain (VET) has shown promising signs of growth, with increasing open interest, heightened trading activity, and robust development initiatives painting a bullish outlook for the cryptocurrency, as previously reported by ETHNews.

At the time of writing, the VET price has fallen in the last 24 hours and 7 days, by 5.60% and 8.10%, bringing it to the $0,4386.

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Syofri is an active forex and crypto trader who has been diligently writing the latest news related to the digital asset sector for the past six years. He enjoys maintaining a balance between investing, playing music, and observing how the world evolves. Business Email: [email protected] Phone: +49 160 92211628