VeChain tokens, VET and VTHO, experience a significant price surge following their listing on Coinbase.
VeChain announces the innovative VORJ upgrade, a no-code Web3-as-a-Service platform for seamless smart contract operations.

VeChain Shines with Coinbase Listing

Enterprise-centric blockchain, VeChain, recently witnessed an impressive price escalation of its native tokens, VET and VeThor (VTHO). This increase is primarily attributed to the listing of these assets on Coinbase, a leading global cryptocurrency exchange with a vast user base exceeding 100 million. Notably, this listing came three months subsequent to Coinbase’s declaration of their integration intent.

Coinbase is expanding its horizons! Exciting news for #VeChain enthusiasts. VET Pumped 11% for this reason! VeChain (#VET) and #VeThor (#VTHO) are now on the radar. Remember, stay on the right track – transfers only on #Coinbase & @CoinbaseExch. https://t.co/evjgAV69EH pic.twitter.com/2TVAqXsFkl

— Collin Brown (@CollinBrownXRP) September 13, 2023

Introduced in 2015, VeChain utilizes a unique dual-token system. Here, VET is the principal token facilitating value transfer across the network. In contrast, VTHO is a secondary token, conventionally used to cover network transaction fees. With the recent Coinbase listing, enthusiasts can now trade VTHO alongside VET.

Post-announcement, VET’s price experienced a surge of over 12%, while VTHO witnessed an even more remarkable ascent of around 70%. Specifically, VET bounced back from a recent low of $0.014, touching a new local zenith of $0.017. VTHO too reflected this momentum, soaring from $0.0008 to an impressive $0.00166.

Furthermore, this Coinbase endorsement significantly amplified VeChain’s social presence. According to data analytics platform LunarCrush, Vechain experienced a 58.65% boost in social mentions. This surge wasn’t restricted to VET alone; the VTHO token recorded a staggering 597% spike in social mentions and an astounding 2,002% boost in engagements.

VORJ: VeChain’s Leap Into No-Code Web3

VeChain hasn’t just been making waves with its Coinbase listing. The blockchain giant recently rolled out an innovative upgrade to VORJ, a pioneering Web3-as-a-Service platform. This enhancement is poised to democratize the world of blockchain.

VORJ now allows any individual to effortlessly craft, deploy, and manage smart contracts on the VechainThor blockchain. With its new feature, users can mint up to 5,000 NFTs on VORJ each month without incurring any cost. This groundbreaking upgrade eliminates the need for intricate blockchain coding, ensuring that users can deploy NFTs to a marketplace within mere minutes. Moreover, VORJ’s collaboration with World Of V enables a direct NFT marketplace integration, further simplifying the process for users.

VORJ UPDATE SHIPPED

We’ve added a new major feature to https://t.co/y35AR6gYrf:

– Direct #NFT marketplace integration with @worldofv_art!

Now you can mint up to 5000 NFTs on VORJ, per month – for FREE, then deploy straight to a marketplace.

– You don’t need to do any… pic.twitter.com/ol9vToJJo7

— vechain (@vechainofficial) September 14, 2023

VeChain’s endeavors, like the VORJ platform, are pivotal in dismantling entry barriers, ushering in a simplified and more inclusive Web3 future.

---

Filed under: Bitcoin - @ September 15, 2023 6:03 am