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VeChain (VET) Posts Records After Token Swap, Market Cap Crosses $1 Billion

Published 08/28/2018, 09:57 AM
Updated 08/28/2018, 11:02 AM
 VeChain (VET) Posts Records After Token Swap, Market Cap Crosses $1 Billion
BTC/USD
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VeChain (VET) is seeing its price grow continuously, and the project already has a market capitalization above $1 billion. VET grew by more than 12% in the past 24 hours, reaching $0.018, or the equivalent of $1.80 for the old token’s price. But for VET, this position is yet another in a series of records, as the newly swapped asset went through a price discovery phase.

The Bitcoin (BTC) price is also on the increase, growing above 267 Satoshi over the past month, which places VET up among the better-performing assets. Since August 14, the VET price has almost tripled, sparking speculations of an end to the bear market.

In the meantime, VeThor (VTHO), the reward asset of the VeChain network, has lost around 90% of its value since it started trading, and is down ...


This article appeared first on Cryptovest

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