Featured image from Investing.com, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
A self-acclaimed VeChain (VET) insider has made a bold claim about the token\u2019s price. The insider suggested that VET\u2019s tepid price action is a strategic ploy by the team, and the token will eventually make a parabolic rise when the time comes.\u00a0 VeChain Will \u201cReach The Finish Line\u201d The self-claimed insider known as \u2018VeChain Whale\u2019 admitted in an X (formerly Twitter) post that VET\u2019s price is slow but added that the token will \u201creach the finish line.\u201d He made this statement while comparing VET to a \u201csnail\u201d in terms of price action.\u00a0 Related Reading: Crypto Expert Reveals What To Expect For Bitcoin, Dogecoin, And XRP In 12-16 Months VeChain Whale further revealed that the team could \u201cpump the token\u201d if they wanted but haven\u2019t because of fear of \u201cregulation and other factors.\u201d The claim about regulation looks to be related to the Securities and Exchange Commission (SEC) and the fear that the network could face regulatory scrutiny from the Commission.\u00a0\u00a0\u00a0 The VeChain \u201cinsider\u201d also claimed that the team wasn\u2019t worried about VET\u2019s price because they were aware that \u201c90% of tokens will vanish\u201d after the bull run, but VeChain would still be around. That is why they are choosing to play the \u201csnail game,\u201d unlike the other tokens that \u201cdo whatever to gain attractions and move up in the ranking at all cost.\u201d VeChain Whale added.\u00a0 As expected, VeChain Whale\u2019s post attracted criticism from crypto community members who questioned when he became a VeChain insider. In response, VeChain Whale stated that he needed to prove the doubters wrong and suggested that a major announcement was coming in June, which would make those doubting him now offer an apology when the time came.\u00a0 VET\u2019s Price Set To \u201cExplode\u201d In a subsequent X post, he mentioned that the team would make many announcements in the next two months, which would cause VET\u2019s price to \u201cexplode.\u201d He further assured VET holders that they can expect to see a 10x increase in the token\u2019s price by June.\u00a0 Related Reading: Skybridge CEO Says Bitcoin Can Reach Half Of Gold Market, How Much Will BTC Be? Meanwhile, crypto analyst Egrag Crypto previously provided some insights into how high VET\u2019s price could rise when the time comes, mentioning that the crypto token could see a 140x increase in its price. However, Egrag failed to say when precisely this parabolic price surge will happen.\u00a0 Crypto analyst and YouTuber Crypto ZX also once predicted that VET was primed to enjoy significant price increases and further stated that the crypto token could hit new all-time highs (ATHs) if it succeeded in breaking certain resistance levels.\u00a0 At the time of writing, VET is trading at around $0.0455, up over 7% in the last 24 hours according to data from CoinMarketCap.\u00a0 VET Price at $0.04 | Source: VETUSDT on Tradingview.com Featured image from Investing.com, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":602225,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[12882,92037,91588,87727,12884,92038,86723,79504,79505],"class_list":["post-602205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-vechain","tag-vechain-insider","tag-vechain-news","tag-vechain-price","tag-vet","tag-vet-insider","tag-vet-price","tag-vetusd","tag-vetusdt"],"acf":[],"yoast_head":"\n
VeChain On The Edge: Insider Says VET Will Reach The Finish Line<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n