• VeChain (VET) scores a listing on leading cryptocurrency exchange Bitget, expanding its trading accessibility.
  • Bitget celebrates the listing with a $37,750 giveaway to incentivize VET trading and attract new users.

VeChain (VET) has secured a new listing on the prominent cryptocurrency exchange Bitget, potentially boosting its reach and liquidity. This news comes alongside a celebratory giveaway campaign by Bitget, offering a total of $37,750 in rewards to users who participate in VET trading and activities.

VET Is Now Available for Trading on Bitget’s Innovation Zone

Effective May 21st, 2024, VET became tradable on Bitget’s Innovation Zone, allowing users to participate in VET/USDT spot trading. Deposits for coins opened earlier, while withdrawals are enabled starting May 22nd. This integration broadens coin exposure to a wider audience within the Bitget user base.

CandyBomb and VET X Giveaway Fuel Trading Activity

To commemorate the listing and entice user participation, Bitget launched two distinct promotional campaigns. The week-long “CandyBomb” campaign (May 22nd–May 29th) offers a $25,000 reward pool split between a coin deposit pool and a coin new user trading pool. Specific details regarding participation requirements are expected from Bitget soon.

The “VET X Giveaway” runs slightly longer (May 20th–May 30th) and provides a chance to win a share of $10,500 in VET tokens. Users can enter by following Bitget and VeChain on social media, depositing and trading coins on the platform, and completing a registration form. A total of 850 winners will be chosen to receive $15 worth of coins each.

Analarestic on VET’s Future Price Potential

The Bitget listing coincides with a period of growing optimism surrounding VeChain’s price trajectory. Crypto analyst Ali Martinez predicts a significant price surge for coins, with the possibility of reaching $0.60 per token. This prediction hinges on the identification of historical price patterns that preceded substantial price increases for coins.

While the coin’s current price of $0.036 reflects a decline from its 2024 peak, analysts like Martinez remain confident in its long-term potential. The Bitget listing, coupled with the ongoing giveaway campaign, could potentially reignite trading activity and investor interest in the VeChain ecosystem.

By Joadin Maina

Beyond the hype, I untangle the web3 revolution, guiding curious minds through the labyrinth of decentralized possibilities.