- VeChain’s partnership with WoV Labs is leading the ‘Phygital’ revolution, aiming to promote sustainability and reward green practices.
- Charge2Earn, a mobile app designed to encourage eco-friendly driving through charging discounts and EV expansion plans, offers discounts to drivers of electric vehicles.
- VET’s growth has been slow, with a drop from $0.05 to $0.02, but the future of VET remains unclear
VeChain’s latest collaboration with WoV Labs is pioneering the ‘Phygital’ revolution. Web3 technologies blend the virtual and tangible worlds.
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This project will enhance sustainability, by promoting green practices.
Charge2Earn, a new application that offers discounts for charging services to encourage environmentally-conscious driving is also being developed.
VeChain is committed to ecological responsibility
At the moment, there are 3.5 Million B3TR Tokens in circulation, which secure a total value locked (TVL), of approximately $1.37M. At the moment the application only works with Tesla models. However, plans are already in place to extend the program to a wider variety of electric vehicles.
This partnership VeChain is committed to environmental responsibility, and it has a pioneering spirit. VeChain has made a huge step towards sustainability with this initiative.
VeChain’s native token, VET has experienced a slow growth rate despite these milestones. VET, VeChain’s native token, has experienced a slow growth despite these landmarks.
VeChain Price Performance
VeChain’s (VET), which peaked at $0.05 in March, fell to $0.02 by June. VET price fell from $0.03 to $0.029.
VeChain currently trades at $0.032 with a monthly candle that is increasing daily. As per the article above, CryptoYapper, an acclaimed analyst, has suggested that VET may continue ascending In the next few days,
VET’s price prediction, however, paints a completely different picture. CoinCheckUp, for example, predicts that the price will drop by 10.36% at the end of Q2.
In the midst of the coming bull run, the crypto market in general is gaining strength. VeChain’s meteoric rise could be a surprise to bears.
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