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VET investors should consider these metrics before placing long bets

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ambcrypto.com

The price of VET continues to plummet despite the many ecosystem upgrades to the veChainThor blockchain. On 28 June, the VEchain Foundation announced its partnership with Supply@ME Capital PLC, the fintech company behind the inventory monetization platform.According to the announcement, the alliance between the entities aims to build a first-of-its-kind “Web3 Inventory Monetisation System that utilizes blockchain, stablecoin, and NFT technology to help creditworthy businesses raise value from their inventories and provide companies with entirely new kinds of economic services.”Trading at its December 2020 lows, the road to recovery might be long for the VET coin.

Let’s take a closer look at performance since the beginning of the year.The VET token commenced the year at a high of $0.083.

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