Based on Bijié Wǎng, VeChain (VET) has seen its market capitalization fall to just over $1 billion, dropping to the 97th position in market cap rankings. Although VET's price rose 2.2% in the past 24 hours, it fell 8.4% this week and has declined 75.4% since December 2024, aligning with Bitcoin's recent drop to around $86,000. Analysts suggest a market rebound is possible, noting a 87.2% chance of a 25-basis-point Federal Reserve rate cut this month, which could drive capital into assets like VET.
VeChain Drops Out of Top 100 Projects: Can It Make a Comeback?
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