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.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. The views expressed in this article are the author’s personal opinions and do not reflect the opinion of The Crypto Basic. Readers are advised to conduct thorough research before making any investment decisions. The Crypto Basic is not liable for any financial losses incurred.
