RATE Group | VeChain Engagement Explodes, VET on Critical Price Support
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VeChain Engagement Explodes, VET on Critical Price Support

21 Feb VeChain Engagement Explodes, VET on Critical Price Support

Posted at 00:04h in Cryptocurrency News by

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VeChain community engagement metrics have exploded over the past month. Nevertheless, VET trading indicators show price weakness.

VeChain’s Community Overwhelmingly Engaged

VeChain’s social engagement has been skyrocketing over the past month, according to crypto insights provider LunarCRUSH. The firm reported that VET saw the first significant spike on Jan. 29, with over 1.16 million engagements on that day alone. However, the month of February has seen even greater engagement.

“VeChain social engagement has been very heavy with spikes as high as 3,520,412 engagements per day,” they said.

VeChain's social engagement chart by LunarCRUSH
VeChain’s social engagement by LunarCRUSH

The California-based company takes into consideration the depth of community interaction across all social posts. These include favorites, likes, comments, replies, retweets, quotes, shares, and other metrics. LunarCRUSH maintains that these measures help determine how engaged a community is around a particular digital asset.

Over the last 24 hours,…

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