VeChain (VET) showed solid price gains early Wednesday morning (UTC) in a recovery suggesting that its recent slide was excessive. VeThor (VTHO), the asset in which staking rewards are paid, also gained some ground.
VET rose to as high as $0.016 at 2:04 UTC, recovering to the levels at the launch of the new token at the beginning of August, but later lost some ground. In January, the old VEN token hit an all-time high of more than $8, which is equivalent to $0.08 for the new VET token. VeChain is seen as one of the overlooked projects, potentially following the path of another Chinese platform, NEO.
VTHO, the dividend asset, which was airdropped to all VET holders via Binance on August 1, also showed some recovery. Its price rose from lows i...
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