- VeBetter ecosystem features 30+ dApps incentivizing sustainable lifestyle choices.
- VET forms double bottom near $0.01760, signaling bullish reversal pattern.
- Strategic price targets lie at $0.026, $0.031, and $0.060 levels.
VeChain is advancing its push for sustainability with the VeBetter ecosystem, a blockchain-based network that rewards eco-friendly behavior. VeChain data shows the VeBetter ecosystem is designed to incentivize environmentally conscious behavior through tokenized rewards.Â
It includes a wide variety of dApps across categories such as Drive, Shop, Food, and Fitness. Users receive blockchain-based incentives for everyday sustainable actions like recycling, exercising, or using reusable shopping bags.
Popular applications like Greencart and Bye Bye Bites each have over a million users. Others, including Cleanify, Justote, and EV Earn, reward users for specific green activities like cleaning, using tote bags, or driving electric vehicles.
Newer apps such as Build Your Body and Ecobag are also expanding the platform’s footprint. From morning routines using Mugshot to evening wind-downs with Restify, VeBetter embeds sustainability throughout the day.
The ecosystem reflects VeChain’s commitment to combining real-world impact with blockchain-based value, aligning with its broader goal of driving data-backed sustainability.
Technical Chart Shows Bullish Reversal Setup
On the technical front, the VET 4-hour chart shows a double bottom pattern near the $0.01760 support zone. This formation typically signals a bullish reversal, and the price has since moved above key moving averages. Based on the breakout structure, analysts point to two potential buy zones: $0.026 and $0.031.
Higher lows are forming, supporting the case for further upside. If momentum holds, VET may rally toward the next key zone around $0.060. The price structure reflects growing confidence among traders, possibly tied to expanding utility from the VeBetter ecosystem.
Current Price Reflects Short-Term Pullback
At press time, VeChain is priced at $0.02748, marking a 5.35% decline in the last 24 hours. Despite the pullback, the broader trend remains technically bullish. Analysts suggest the current drop could present entry opportunities near the first strategic support level.
With increasing user adoption across the VeBetter platform and visible technical strength, VeChain continues to attract attention. If adoption trends persist, the convergence of token utility, environmental use cases, and technical momentum could support long-term growth.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
