While VeChain Price Explodes, These 3 Altcoins Might 10x in 2023
VET, the ticker for the VeChain cryptocurrency that powers VeChain’s smart-contract-enabled blockchain, has been pumping hard in 2023. The cryptocurrencies gains are nearing 100% since the turn of the year, with VET/USD currently changing hands in the $0.30 area versus its end-of-2022 levels around $0.15.
The pump really got going in early/mid-January when VET surged to the north of a downtrend that had been in play going all the way back to late 2021. More recently, however, the bulls have gained further momentum after VeChain bounced successfully twice from its 200DMA, a strong confirmation of the positive shift in the market’s momentum.
VET/USD recently cleared its Q4 2022 highs in the $0.2850 area and the bulls are now eyeing a test of the next major resistance area in the $0.33s. A break above here would clear the way to a move to resistance around $0.39.
The explosion in interest in promising altcoins like VeChain bodes well for the tokens of lesser-known, up-and-coming crypto projects. Investing in the token presale of a great crypto project is one of the best ways to generate return in crypto. Here is a list of a few presales vetted by the Industry Talk team at Cryptonews.com that observers think could take off later this year.
The young move-to-earn crypto niche has shown a lot of promise, but early success stories like STEPN have significant limitations that have, so far, prevented them from conquering the mainstream. Fight Out, which touts itself as the future of move-to-earn, wants to change that in 2023.
Fight Out is a brand new web3 fitness application and gym chain that rewards its users for working out, completing challenges, and competing within a first-of-its-kind fitness metaverse. While existing M2E
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