Coinbase Listing Causes VeChain and VeThor Prices to Spike as Blockchain Platform Gains Traction
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Coinbase announced surprise listings of VeChain (VET) and VeThor (VTHO), causing price spikes.
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VET rose 13% and VTHO surged 34% following the Coinbase announcement.
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VeChain aims to manage supply chains via blockchain traceability and prevent counterfeits.
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VeChain has major partnerships with Walmart China, BMW, and Sam's Club.
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VeChain says the Coinbase listing will increase network development and adoption.