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VeChain (VET) Shows Neutral Momentum at $0.02 Despite Franklin Templeton Blockchain Integration
VeChain (VET) Shows Neutral Momentum at $0.02 Despite Franklin Templeton Blockchain Integration
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[TRADE_PLUGIN]VETUSDT,VETUSDT[/TRADE_PLUGIN]
VeChain VET News -
VeChain's VET is currently trading at $0.02 with neutral momentum as its RSI sits at 41.31. The recent integration of VeChain's blockchain by Franklin Templeton for a $780 million tokenized money market fund has served as a bullish catalyst, though technical signals remain mixed.
Franklin Templeton's adoption represents a major institutional milestone, positioning VeChain alongside ethereum and Solana in its multi-chain strategy. The announcement spurred a 6% price rebound on July 23rd, confirming long-term support levels. However, the stabilization around $0.02 indicates cautious market sentiment.
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