Swiss-based hardware wallet provider Tangem is set to integrate with the VeChain network in January 2024. The announcement aligns with significant growth in the value of VeChain’s tokens, VET and VTHO. VET, in particular, has reached a ten-month high, underscoring the positive developments in the VeChain ecosystem.
Swiss hardware wallet provider Tangem is making it easier for people to use the VeChain network by integrating with it. This exciting development is planned for January 2024, promising a big boost to the wallet’s features and offering VeChain holders more possibilities.
Vechain is coming 🔥
We are thrilled to announce that we have started integrating the Vechain network @vechainofficial. It will be available in early January 2024.
We'll keep you in the loop! pic.twitter.com/lzez8kvfn3
— Tangem (@Tangem) December 14, 2023
Tangem and VeChain – Making Things Easier for You
Tangem, a company that makes special wallets, has some exciting news! They’re getting ready to connect with VeChain, making it super easy for the more than 900,000 people who use VeChain. This means these users can now keep and move their VET tokens using Tangem’s special wallet, which is known for being safe and easy to use – it’s like a card you can carry around! This not only helps the current VeChain group but also brings in new users, and Tangem already has over a million users.
People really wanted Tangem to work with VeChain, and Tangem listened! Back in July, they mentioned they were working on adding support for VET, and now, it’s officially happening. Both Tangem users and the big VeChain community have been waiting eagerly for this news.
Even though we’re not sure yet if Tangem will support other VeChain tokens, the first thought is that it’ll be great for VeChain (VET). Some folks are also wondering if Tangem will include VeChain’s gas token, VeThor (VTHO), but we’ll have to wait for the official word on that. Exciting times are ahead for Tangem and VeChain!
VeChain’s Token Surge and Tangem Integration Boost
The announcement of Tangem Wallet’s integration with VeChain aligns with a notable surge in the market value of VeChain’s tokens. Recently, VET achieved a ten-month high, reaching $0.031 with a market capitalization of $2.1 billion. Concurrently, VTHO also experienced significant growth, peaking at $0.003 before a slight retracement. Over the past seven days, VTHO has shown a remarkable 26% increase, positioning it among the top-performing tokens in this period.
This surge in market value is attributed, in part, to a broader recovery in the cryptocurrency market and VeChain’s recent launch of a new marketplace for node trading. This platform aims to enhance VET rewards and contribute to a more robust economy within the VeChain ecosystem.
In summary, the upcoming integration of Tangem Wallet with VeChain marks a crucial step in the wallet’s evolution and holds promising prospects for VeChain token holders. As the VeChain ecosystem continues to expand and innovate, collaborations with platforms like Tangem highlight the increasing interest and adoption of blockchain technology and digital assets.
Important:Â Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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