VeChain (VET) has experienced a significant drop in price over the past 24 hours while the broader crypto market remains unstable. VeChain has been trading sideways for the past few weeks and is currently approaching a key support level. However, despite the price drop, VeChain's Mainnet activity has hit a new record this month, indicating its growing adoption and strong ecosystem. The project's updated protocol, VeChain Renaissance, aims to enhance interoperability. An analyst predicts a 3,000% price surge for VeChain within the next 100 days, aligning with a historical pattern of price movement. However, readers are advised to exercise caution and this article does not constitute financial advice.
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