VeChain (VET) Pumped 15.86% Over Last Week While ScapesMania Is Also Surge

VeChain (VET) has recently secured a patent in the United States, introducing a method that could potentially stabilize transaction costs by employing a dual-token system. This system aims to insulate the cost of blockchain operations from the inherent volatility of cryptocurrency markets, presenting a more predictable expense model for businesses utilizing the technology.

The practical implications of this patent are substantial, as it could encourage broader enterprise adoption by offering a more reliable and efficient blockchain experience. VeChain (VET) focus on transactional efficiency is a response to a critical challenge in the blockchain industry – the fluctuating costs of operations that have hindered widespread adoption.

In tandem with this patent news, VeChain (VET) network has experienced a surge in user engagement, with the addition of 21,000 new wallets in a single day. This growth in wallet creation is indicative of an increasing interest in VeChain (VET) offerings and suggests a positive outlook for the platform’s adoption trends.

These developments come at a time when the blockchain and cryptocurrency sectors are witnessing increased interest from both retail and institutional investors. VeChain (VET) patent and the expansion of its user base could be seen as indicators of the platform’s strengthening position within the industry.

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As VeChain (VET) garners attention with its technological advancements and growing user base, it’s worth noting the emergence of projects like ScapesMania that is making waves in the crypto world with its unique value proposition.

ScapesMania: A New Contender with a Different Edge

ScapesMania enters the crypto arena with a proposition that diverges from VeChain (VET) enterprise-focused blockchain solutions. It aims to bridge the gap between the Web3 community and the Web2 gaming sphere, creating a unique ecosystem within the $286.5 billion gaming industry.

The presale phase of ScapesMania has been met with enthusiasm, promising early adopters potential returns of up to 500%. The tokens are low in price, which means that regardless of your budget you can take advantage of the offer. There’s no downside and plenty of potential gains to joining ScapesMania even if you don’t have much money to make use of.

A closer examination of this coin’s features reveals many attractive aspects. For instance, ScapesMania allows holders to get involved with a multi-billion-dollar industry and has many features in place to keep users engaged and incentivize them to keep on engaging. Furthermore, the tokenomics of the project is transparent and secure and the addition of the latest $150,000 giveaway may be the final touch needed to convert early enthusiasts into full-blown fanatics.

In comparison to VeChain (VET), ScapesMania offers a different investment thesis. While VeChain (VET) is enhancing the efficiency of blockchain for business processes, ScapesMania is tapping into the lucrative gaming market and leveraging the excitement around new token launches.

ScapesMania’s vision for the future is highly ambitious. it comes in the form of further listings, improvements, and development of a unique niche concept that has yet to be adopted in crypto circles. Considering all of the above, it’s not surprising that the presale numbers are outstanding – it can surely be a boon to many in the long run.

ScapesMania is at the point where previous buyers can already assume they’ve made a great decision and now the time is right for those who haven’t tried the project yet. Get in now to reach potential ROIs of 400-500% or maybe even higher.

Join the Presale at an 75% Discount

VeChain (VET) Price Forecast

The recent patent approval for VeChain (VET) in the United States, coupled with a substantial increase in new wallet registrations, has the potential to influence the cryptocurrency’s value positively. Current technical indicators show VeChain trading between $0.0165 and $0.0203, with a 10-day moving average hovering around the upper end of this range, suggesting a bullish outlook in the short term. The 100-day moving average at $0.0172 reflects a steady upward trend over the past several months.

VeChain (VET) support levels at $0.0106 and $0.0143 provide a safety net against any significant drop, while resistance levels at $0.0218 and $0.0256 mark thresholds where the price may face selling pressure. A sustained break above the first resistance level, fueled by positive reactions to the patent news, could see VeChain (VET) price testing the second resistance level.

However, the patent’s impact on VeChain (VET) price will also depend on the perceived value it adds to the platform’s utility and potential for increased adoption. As VeChain (VET) technological infrastructure strengthens, its market value is expected to reflect these advancements.

Yet, it’s important to note the contrast with projects like ScapesMania, which, while not directly comparable, are also vying for market attention with their unique value propositions. The interplay between such projects and established cryptocurrencies like VeChain (VET) could play a role in shaping the future price trajectory of VeChain (VET).

Conclusion

VeChain (VET) recent patent approval and wallet expansion signify its growing influence and potential in the blockchain industry. These developments could lead to a positive shift in VeChain (VET) price, as they suggest a maturing platform poised for broader adoption. However, the volatile nature of the crypto market requires investors to remain cautious and informed about the various factors that could impact price movements.

ScapesMania presents an intriguing contrast to VeChain (VET) , targeting a different sector with a high growth potential. Its focus on the gaming industry and the integration of Web2 and Web3 communities offer a fresh investment opportunity that could appeal to a diverse group of stakeholders.

As the crypto landscape continues to evolve, the success of both VeChain (VET) and ScapesMania will depend on their ability to innovate and adapt to market demands. For VeChain (VET), the challenge will be to leverage its technological advancements to secure a larger share of the enterprise blockchain market. For ScapesMania, the goal is to capitalize on the burgeoning gaming industry and its presale momentum to establish a strong foothold in the competitive world of cryptocurrency. Investors will be watching both with interest, weighing the potential risks and rewards as they make their strategic decisions.

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• Source: https://thecryptobasic.com/2023/11/08/vechain-vet-pumped-15-86-over-last-week-while-scapesmania-is-also-surge/?utm_source=rss&utm_medium=rss&utm_campaign=vechain-vet-pumped-15-86-over-last-week-while-scapesmania-is-also-surge