The price of the VeChain crypto has climbed by 73% in the last five days, reaching its highest level in 2 years and sneaking into the top 20.
Yesterday, the price of the VET token jumped by 50% and then fell again. VET is currently trading at $0.0143.
The World Conference on Artificial Intelligence, in which VeChain, Amazon, Alibaba and Microsoft, among others, will take part, will be held on July 9-11.
In May it was known the pharmaceutical giant Bayer had reached an agreement with VeChain to jointly develop a drug tracking platform. Australian shoe maker Chase Shiel also announced in June the launch of a limited, customized edition of Air Max, whose authenticity can be verified through a chip designed by VeChain.
Experts believe VeChain has closed about 217 partnerships and agreements.
In addition, the fact that the crypto could be listed on Coinbase might be also affecting its price. In mid-June the exchange published a list of assets it could soon add, including VET.
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