{"id":66087,"date":"2026-01-11T15:40:15","date_gmt":"2026-01-11T15:40:15","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/vet-dips-to-0-015-despite-vechains-consensus-switch\/"},"modified":"2026-01-11T15:40:15","modified_gmt":"2026-01-11T15:40:15","slug":"vet-dips-to-0-015-despite-vechains-consensus-switch","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/vet-dips-to-0-015-despite-vechains-consensus-switch\/","title":{"rendered":"VET dips to $0.015 despite VeChain\u2019s consensus switch"},"content":{"rendered":"

(Originally posted on : VeChain News, Latest Stories & Analysis | Invezz )<\/b>
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The cryptocurrency market opened the new weekly candle bearish as Bitcoin temporarily dropped to the $93k level. <\/p>\n

This affected the performances of major altcoins, including VeChain (VET).<\/p>\n

VET is down nearly 3% in the last 24 hours despite a major development within the VeChain ecosystem. <\/p>\n

Risk-off sentiment has pushed investors to the sidelines in recent weeks, with further downward movement expected in the near term.\u00a0<\/p>\n

VeChain mainnet upgrade shifts consensus mechanism from PoA to DPoS<\/h2>\n


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VET is down nearly 3% in the last 24 hours and is now trading at $0.01530 per coin. <\/p>\n

The bearish performance comes despite VeChain announcing on Friday that it had migrated its mainnet from Proof of Authority (PoA) to Delegated Proof of Stake (DPoS), ushering in a new era of growth for the network.<\/p>\n

The change in consensus will occur during the upcoming Hayabusa upgrade. <\/p>\n

According to the VeChain team, this major upgrade will fuel the network\u2019s next phase of growth without compromising the predictable costs and features that real-world users rely on.<\/p>\n

In addition to that, the upgrade will enable VET holders to participate by staking and delegating to network validators. <\/p>\n

It also improves security and centralisation without affecting the vital feature of predictable fees.<\/p>\n

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\u201cToken holders gain a direct role in security and rewards, Node operators compete on performance and trust, while businesses and builders keep the predictable costs that make consumer-grade experiences possible,\u201d VeChain added.<\/p>\n<\/blockquote>\n

VET could dip below $0.013 as the broader market remains bearish\u00a0<\/h2>\n


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The VET\/USDT daily chart is bearish and inefficient as VeChain has failed to recover since the October 10 liquidation event. <\/p>\n

At press time, VET is trading above $0.0150, reflecting negative sentiment in the broader cryptocurrency market.<\/p>\n

It is currently trading below key moving averages, including the 50-day Exponential Moving Average (EMA) at $0.0182, the 100-day EMA at $0.0203, and the 200-day EMA at $0.02289. <\/p>\n

Thus, indicating that the token is extremely bearish at the moment.\u00a0<\/p>\n

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The Relative Strength Index (RSI) is at 41 on the daily chart, indicating a bearish trend. <\/p>\n

If the RSI continues to decline, VET could enter the oversold region soon.<\/p>\n

Furthermore, the Moving Average Convergence Divergence (MACD) indicator is within the negative territory, suggesting a bearish trend. <\/p>\n

If the MACD lines remain within the bearish zone, investors could reduce exposure to the token, which can drive selling pressure.\u00a0<\/p>\n

If the bearish trend continues, VET could lose 15% of its value in the near term and retest the $0.0132 low over the coming hours or days. <\/p>\n

However, if the market conditions improve, VET could recover towards the $0.0188 resistance level.\u00a0<\/p>\n

Currently, the market conditions are bearish and favour downward movement in the near term.<\/p>\n<\/p><\/div>\n

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(Originally posted on : VeChain News, Latest Stories & Analysis | Invezz ) The cryptocurrency market opened the new weekly candle bearish as Bitcoin temporarily dropped to the $93k level. This affected the performances of major altcoins, including VeChain (VET). VET is down nearly 3% in the last 24 hours despite a major development within […]<\/p>\n","protected":false},"author":14,"featured_media":66088,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[37],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/66087"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=66087"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/66087\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/66088"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=66087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=66087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=66087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}