- VeChain mainnet sees heightened activity with over 2.5 million clauses.
- The blockchain has broken its own year-long record by a significant margin.
- VET price has pumped over 85% in the last 30 days with more bullish indicators ahead.
Altcoins are showing frenzied action igniting expectations over the start of altseason. At the moment, the price of Bitcoin (BTC) has reclaimed the $96,000 price mark moving steadily to the upside of its steady sideways movement. With sentiment from seasoned analysts about the $100,000 ATH price on the horizon, the crypto market remains strongly bullish.
While analysts and traders await eagerly for a 6-digit ATH to appear for Bitcoin (BTC) price, many altcoins are showing even greater bullish indicators. This is no surprise as the expectations for a bullish altseason have only grown stronger throughout Bitcoin’s bullish momentum this Q4.
Altcoins Show Bullish Signs
Presently, the Crypto Fear & Greed Index points to a score of 78 highlighting the ‘Extreme Greed’ zone of the crypto market. While many altcoins have followed Bitcoin’s lead and have pumped, in some cases, over 200%, other altcoins seem to just be getting started.
VeChain Mainnet Sees Bullish Activity
For instance, many altcoins show strong pump potential even after having made significant gains so far. To highlight, one such altcoin is VeChain (VET). According to CoinMarketCap analytics, the price of VET has gone up by over 85% in just a month.
Furthermore, the post above highlights how the VeChain mainnet is seeing heightened activity with over 2.5M clauses already, the blockchain is breaking its year-long record by a margin. With such passion fueling the blockchain, analysts are certain that VET price will continue to pump this bull cycle.
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