Get 40% Off
🎁 Free Gift Friday: Copy Legendary Investors' Portfolios in One ClickCopy for Free

VeChain (VET) Rallies Again on Blockchain Initiative in China

Published 12/24/2019, 09:47 AM
Updated 12/24/2019, 11:21 AM
 VeChain (VET) Rallies Again on Blockchain Initiative in China

VeChain (VET) once again performed against the market, rising on news of an upcoming blockchain initiative in China. VET is up more than 12% in the past day, rising to $0.006, after adding a total of 23% from last week.

The VeChain project joined the Belt and Road Initiative by the Chinese government, an all-encompassing research and think-tank group for international relations and promotions. This signals an acceptance on the side of China for one of the most prominent blockchain solutions startups.

https://twitter.com/M3662019/status/1209148059529166850

The VET digital asset may also continue getting boosts from the initiative to buy back and burn some of the tokens. The VeChain project is among the most successful ICOs, never trading below its initial sa...

This article appeared first on Cryptovest

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.