Bitget has exciting news for its community as it confirms the listing of VeChain (VET) on its platform, creating a buzz on social media. This development opens up new opportunities for traders and investors, accompanied by promotions worth $37,750 in VET. The listing will go live on May 21, 2024, at 11:00 AM (UTC), and deposits are already being accepted.
Bitget will feature VeChain (VET) in its Innovation, Depin, and Public Chain Zone, allowing users to engage in VET/USDT spot trading. Withdrawals will be available from May 22, 2024, at 12:00 PM (UTC).
To celebrate the listing, Bitget has organized two main promotional activities. The CandyBomb promotion will run from May 22, 2024, at 11:00 AM (UTC) to May 29, 2024, at 11:00 AM (UTC). During this period, users can participate in the VET deposit pool worth $12,500 and the new user trading pool worth $12,500 in VET. Users must complete VET deposit and trading tasks to be eligible for these rewards.
Additionally, the VET X Giveaway will take place from May 20, 2024, at 11:00 AM (UTC) to May 30, 2024, at 11:00 AM (UTC). To participate, users need to follow Bitget and VeChain on X. Participants must deposit and trade VET on Bitget and complete the registration form in the giveaway post. A total of 850 qualified users will be randomly selected to win $15 worth of VET each.
Market analysts have made optimistic predictions for VeChain leading up to this listing. According to Crypto market analyst Ali Martinez, VeChain could experience a price surge, potentially reaching $0.60. This prediction is based on the observation of fractal patterns on the 1-month chart, which have previously indicated significant growth.
In the past, VeChain has displayed similar patterns, resulting in price increases over a span of 19 months starting from Q4 2018. Despite a recent decline, with VET currently trading at $0.03425, down 34.6% from its yearly peak and 87.8% from its all-time high, analysts believe that a bullish trend is on the horizon.
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