According to Bijié Wǎng, VeChain (VET) has fallen to the 97th position in market capitalization, with a valuation of just over $1 billion. The token has seen a 75.4% decline since December 2024, and a 23.8% drop in the past month. While VET rose 2.2% in the last 24 hours, it remains in a broader downward trend. Analysts suggest that a potential 25-basis-point rate cut by the Federal Reserve, with an 87.2% probability, could trigger a market rebound and increased inflows into VET and the broader crypto market.
VeChain (VET) Drops to 97th in Market Cap Amid Market Downturn
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