VET is Running Flat Despite Further Network Developments
VeChain native coin prices are directed by overall negative sentiment in the crypto market without any reaction to the positive developments in the project. VeChain and Vyuo Smart Chain that operates as a HealthFi ecosystem formed a game-changing strategic partnership aimed at fostering cross-blockchain utilization, particularly in the health data sector. The market niche for this collaboration is estimated at $1 billion, but will certainly expand in time. Both VeChain and VSC have abilities to become leaders in this market, and it may drive VET prices up in the future. However, overall negative sentiment in the crypto market now may push VET prices either up to the resistance at $0.0200 or down to the support at $0.0100. Both scenarios have equal chances to become a reality.
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