Supply chain Cryptocurrency, VeChain price bullish in late July 2022

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Continuing its upward trend since Monday this week VeChain’s VET/USD price has increased 5.99% over the past 24 hours to $0.03. Over the past week, VET has experienced an uptick of over 28.0%, moving from $0.02 to its current price. As it stands right now, the coin’s all-time high is $0.28.

The chart below compares the price movement and volatility for VeChain over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

VeChain’s trading volume has climbed 97.0% over the past week along with the circulating supply of the coin, which has increased 0.4%. This brings the circulating supply to 72.51 billion, which makes up an estimated 83.62% of its max supply of 86.71 billion. According to our data, the current market cap ranking for VET is #34 at $1.97 billion.

Original article here

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