Coinbase Expands Crypto Access with VeChain (VET) Launch in Germany

• Coinbase’s expansion into Germany includes the addition of VeChain (VET) and other digital assets to its platform, thus reflecting the growing anticipation within the VeChain community.
• VeChain’s introduces VeBetterDAO, aimed at fostering a decentralized application (dApp) ecosystem focused on sustainability.

Coinbase, a prominent cryptocurrency exchange, has extended its services to Germany by introducing VeChain (VET) and other digital assets to its platform. This expansion aligns with the growing anticipation within the VeChain community regarding a potential increase in VET’s value, driven by the project’s sustainability initiatives.

VeChain’s steadfast commitment to sustainability, notably exemplified by the launch of VeBetterDAO, has attracted considerable attention. VeBetterDAO aims to foster the development of a decentralized application (dApp) ecosystem focused on sustainability across various industries. Through its Engage, Earn, Prosper approach, VeBetterDAO seeks to encourage the adoption of Web3 technology among enterprises and individuals.

The Testnet debut of VeBetterDAO is accompanied by a series of airdrop campaigns, allowing participants to earn B3TR tokens while engaging with the platform. Thus, this initiative marks a significant milestone in VeChain’s efforts to promote the widespread adoption of blockchain technology.

Thursdays hold special significance for the VeChain community, as they coincide with VeFam’s dedicated focus on VeBetterDAO during Thursday’s events. These events serve as platforms for pilot dApps to share project insights and updates, fostering community engagement and collaboration.

#VeFam – it’s that time of the week again – A VeBetterDAO focused #VeChainThorsday is upon us!

This week, we welcome pilot dApps to give insights and updates about their projects, and later, invite the community to ask their burning questions.@VyvoSmartChain, @mugshot_vet and… pic.twitter.com/0aid5nIahR

— vechain (@vechainofficial) March 13, 2024

VeChain’s ecosystem continues to grow, with notable partnerships such as Walmart and Vyvo Smart Chain, reinforcing its position as a leader in sustainability-focused blockchain solutions. With anticipation mounting within the community, recent developments hint at a potential surge in VET’s value in the foreseeable future.

VeChain (VET) Price Performance And NFTs

VeChain (VET) has demonstrated remarkable resilience and determination in recent weeks, experiencing significant growth. Over the past month alone, the altcoin has surged by over 20%, reaching a yearly peak of $0.053.

This surge coincides with a broader market rally led by Bitcoin (BTC), which achieved a new all-time high of $73,580. However, in the last two days, the VeChain (VET) price has witnessed some retracement and is currently trading at $0.04256 with a market cap of $3.098 billion.

VET’s recent performance is supported by a bullish outlook stemming from its technical setup, network development, and heightened institutional interest. Crypto analyst EGRAG has also shared an optimistic forecast for VET, predicting a substantial breakout unfolding in three phases.

The token currently hovers at a crucial level, with a tug-of-war between bulls and bears for dominance. Should the bulls prevail, they aim to surpass the $0.053 mark and target trading levels above $0.09, per the Crypto News Flash report.

At present, VeBetterDAO remains in the pre-launch phase and has not yet been officially introduced. The team plans to unveil the platform concurrently with VeChainThor’s mainnet anniversary on June 30. The Go-Live Gala phase will also bring forth various features, including the minting and distribution of the B3TR token, enhancements to the maturity levels of the Galaxy Membership (GM) NFTs, upgrades to tools and functionality for X-2-Earn DApps, token staking programs, automation of treasury and governance management, among others, reports Crypto News Flash.

This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.