Altcoins
Cryptocurrency company VeChain is in high demand among consumers due to its native VET token. According to many experts, the startup will be able in the future to solve global problems with reliable data storage for various enterprises, including the financial and energy sectors.
Notably, the third quarter of this year saw a massive surge in social media activity around VeChain, which hit a global high on September 27th. According to data from the social platform LunarCrush, the company was mentioned 28,629 times on social media during the week.
The company continues to actively develop and cooperate with specialized corporations. VeChain together with TruTrace announced the integration. According to the official press release, the platform will partner with the legal cannabis industry, as well as the food and pharmaceutical sectors.
The previous day was marked by an increase in the capitalization of the VET coin by 3.91% to $1.7 billion. The trading volume for 24 hours amounted to about $74.6 million, an increase of 10.7%.
Despite the impressive technological prospects, the cryptocurrency continues to be under clear pressure within the unstable macroeconomic environment.
Earlier, the editors of Crypto.ru informed: the CEO of the crypto-lender Celsius, Alex Mashinsky, resigned today on September 27, as reported in the official press release of the company. The specialist noted that this was a necessary measure, since the post of CEO distracts him from areas that are really important for the corporation. In July of this year, the Celsius Network faced a major crisis amid the collapse of the notorious Terra (LUNA) cryptocurrency and its associated stablecoin, UST.
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