Will VeChain (VET) Reach $1?
VeChain is involved in several development initiatives and projects. The recent announcement of “The HiVe” event has attracted attention from the Web3 community. The team has been regularly providing updates on their ongoing developments throughout 2023, and they have multiple upcoming projects in progress. On March 6, 2023, they released a new whitepaper and revealed details about the new VET 3.0 protocol. In one of their latest announcements, the team has also unveiled the details of their new web3-as-a-service platform, the VORJ. According to the latest details, the team is all set to explore the AI industry while exploring OpenAI to implement human-readable decoded contracts. With the news surrounding the platform, let’s analyze if VeChain’s (VET) can reach $1. What is VeChain? Sunny Lu and Jay Zhang founded VeChain in 2015. Sunny Lu, the former chief information officer (CIO) of Louis Vuitton China, played a key role in its founding. VeChain is a blockchain plat...