VET Rises 13.9% to $0.00855 on VeChain Upgrade Expectations
- —VET +13.89% in 24 hours to $0.0085506, volume 73.63% above the 30-day average
- —VTHO, VeChain's gas token, also rose 13% over 24 hours
- —14-day RSI at 69.2, close to overbought territory
- —Price is 96.81% below its all-time high of $0.268 from April 2021
Why it matters: The simultaneous rise in VET and VTHO shows the market is betting on higher network activity after the upgrade, but overbought conditions threaten a correction.
Source: DiarioBitcoin