VeChain: AI Predicts VET Price For December 1, 2024
VeChain (VET) has faced a 0.5% correction in the last 24 hours. The dip follows Bitcoin’s (BTC) recent dip to sub-$93,000 levels. Despite the correction, VET has maintained some gains in the other time frames. The asset is up by 24.1% in the weekly charts, 62.9% in the 14-day charts, and 89.3% over the previous month. VET’s price has also risen by 85.8% since late November 2023. Also Read: Ripple: Will XRP Hit $2 In December 2024? Source: CoinGecko Why Is The Market Dipping? The latest market correction is likely due to increased volatility over the last weekend. BTC hit an all-time high of $99,645.39 on Nov. 22, 2024. Investors and market participants may have decided to book profits as the original crypto inched closer to the $100,000 mark. Also Read: Walmart Stock a Buy at ATH: Can WMT Build on 72% Surge? VeChain (VET) and other assets follow BTC’s trajectory, leading to a market-wide dip. BTC has recovered the $93,000 mark earlier today. If the asset begins an ascent, we may witnes...