Everything played out perfectly & exactly as expected. On it's way to 0.13$ as predicted. It also seemed to have found a new support level at 0.11$. So expect a possible pull back to 0.11$ once we hit or break the target price.
This is insane... I saw this right after making this TA. This news could definitely change things as far as where VET is going next.... Fundamentals is crucial!
Salesforce Begins Testing on VeChain
VeChain’s native token, VET, saw its price surge by more than 70% since late March following a minor retracement. Investors have been taking advantage of every downswing to scoop tokens at a discount, helping prices advance further.
The mounting buy pressure behind this cryptocurrency allowed it to hit a new all-time high of $0.130 in the past few hours.
Salesforce’s decision to enable open, seamless data sharing across multiple parties, using data hashed on the VeChainThor public blockchain, seems to have fueled the most recent upswing.
Sunny Lu, CEO at VeChain, maintains that Salesforce’s integration could help boost VET utility exponentially.
“Salesforce has started to make the first trial on the VeChainThor public blockchain. I’m really excited about that because of how big Salesforce is. They are a $100 million firm with millions upon millions of customers. Given their expertise and industry know-how in different areas, they could build thousands of applications in the future on top of the VeChainThor public blockchain,” said Lu.