December ETH Price Prediction · Posting Challenge 📈
With rate-cut expectations heating up in December, ETH sentiment turns bullish again.
We’re opening a prediction challenge — Spot the trend · Call the market · Win rewards 💰
Reward 🎁:
From all correct predictions, 5 winners will be randomly selected — 10 USDT each
Deadline 📅: December 11, 12:00 (UTC+8)
How to join ✍️:
Post your ETH price prediction on Gate Square, clearly stating a price range
(e.g. $3,200–$3,400, range must be < $200) and include the hashtag #ETHDecPrediction
Post Examples 👇
Example ①: #ETHDecPrediction Range: $3,150–
VeChain Slipping Out Of Top 100 Projects: Can It Recover?
The recent market crash has had some detrimental effects on several crypto projects. VET, for one, has lost substantial footing over the last two months. The project has slipped to the 97th spot in the market cap charts, with its valuation falling to just over $1 billion. According to CoinGecko’s VeChain data, VET’s price has rallied 2.2% in the last 24 hours, but is trading in the red zone in the other time frames. The asset’s price has fallen 8.4% in the last week, 14.8% in the 14-day charts, 23.8% over the previous month, and 75.4% since December 2024. Let’s discuss if VeChain (VET) will recover from its price crash anytime soon.
There is a high chance that the crypto market will rebound over the coming days. According to CME FedWatch, there is an 87.2% chance of another 25 basis point interest rate cut this month. If the Federal Reserve rolls out another rate cut, VeChain (VET) and the larger crypto market will most probably experience a surge in inflows.
Also Read: Strategy Stock Plunges 54% in 6 Months After Bitcoin Falls To $86,000Moreover, the ongoing market dip could lead to market participants buying the dip. The crypto industry has also seen the launch of several ETFs over the last month. ETF inflows are also expected to increase in the coming weeks. VeChain’s (VET) price could benefit from such a development.