VeChain has announced an upgrade to its tokenomics, focusing on incentive-based models and a reward system to enhance the value of its $VET token. These changes could potentially lead to price stability, increased trading volumes, and a possible breakout for the token. The upgrade includes exclusive staking rewards for VTHO, a reduction in VTHO inflation, and an increase in the VTHO burn rate. Following the announcement, VeChain's price increased by 3.30% and the market capitalization grew to $2.62 billion. Technical indicators suggest positive short-term price growth, with the market sentiment being optimistic but not excessively so.



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