vechain Smart contracts.jpg 2

VeChain (VET) Lands on Bitget with $37,750 in Promotions and Bullish Predictions

VeChain (VET) enthusiasts have something to celebrate! The popular cryptocurrency platform Bitget has officially listed VET, bringing new trading opportunities and exciting promotions. This news comes amidst optimistic predictions for VET’s price, stirring a wave of excitement within the VeChain community.

Bitget Welcomes VET with Open Arms (and Promotions)

The official listing of VET on Bitget took place on May 21st, 2024, at 11:00 AM (UTC), with deposits already available beforehand. This integration allows users to engage in VET/USDT spot trading within Bitget’s Innovation, Depin, and Public Chain Zone. To commemorate this listing and incentivize trading, Bitget has launched two major promotions totaling $37,750 worth of VET.

CandyBomb and VET X Giveaway: Sweeten the Deal

The CandyBomb promotion runs from May 22nd to May 29th, 2024. During this period, users can participate in two separate pools – a VET deposit pool and a VET new user trading pool – both valued at $12,500. By completing specific deposit and trading tasks, users can snag a share of these rewards.

For those looking for a different kind of treat, the VET X Giveaway is running concurrently. From May 20th to May 30th, users can participate by following Bitget and VeChain on social media platform X (replace with the specific platform name). Additionally, depositing and trading VET on Bitget followed by completing a registration form are required for eligibility. A total of 850 lucky winners will be randomly chosen to receive $15 worth of VET each.

Also Read: Will VeChain (VET) Price Reach $0.15 by 2025? Experts Forecast Growth Despite Volatile Market

Analyst Optimism Fuels VET Price Buzz

Even before this listing, VeChain was generating positive chatter among market analysts. Crypto analyst Ali Martinez predicts a potential price surge for VET, possibly reaching $0.60. This prediction is based on the emergence of fractal patterns on the 1-month chart, historically linked to significant growth for VET. Similar patterns observed in Q4 2018 preceded a 19-month price increase. Despite a recent dip (VET is currently trading around $0.03425), analysts like Martinez believe a bullish trend is on the horizon.

The Future of VeChain: A Brighter Outlook?

The Bitget listing coupled with bullish predictions paints a promising picture for VeChain. With increased accessibility, promotional incentives, and potential price growth, the future seems bright for VET. However, as with any investment, conducting thorough research and maintaining a cautious approach is crucial.

About The Author

Cardano (ADA) Previous post Cardano (ADA): Whale Influx and Breakout Hint at Bullish Future, But Can It Reach $1?
Japan YEN Next post Fed vs. BOJ: Looming Dollar-Yen Currency War Threatens Global Trade – Can Bitcoin Save the Day