VeChain News: VET Now a Tap Away for EU Users as Oobit Goes Big with iOS Expansion

• VeChain has announced its integration with Oobit’s iOS, marking a significant step toward European expansion.
• This ease of access is expected to significantly boost VET’s adoption among European investors, helping to solidify its presence in the region.

Vechain, a leading provider of blockchain solutions for supply chain management and other enterprise applications, has announced via the X platform the integration of VeChain into the Oobit platform. By integrating VeChain into its iOS app, the blockchain network has significantly expanded its reach to European users, offering users a streamlined, accessible way to buy, sell, and hold VET tokens directly from their smartphones. 

Pay for everything with $VET – now on iOS! https://t.co/9ONmMWszeV

— VeChain (@vechainofficial) August 21, 2024

Including VET in the iOS platform aligns with VeChain’s goal of enhancing trust, transparency, and efficiency across various industries. Despite the hype surrounding the blockchain as a panacea, its real-world utilization is still limited. Blockchain technology seeks a breakthrough, and by offering investors a simpler and more accessible way, VET is working to break into the mainstream. 

A key feature of Oobit’s iOS app is its user-friendly design, which caters to experienced and novice cryptocurrency users. The app simplifies the process of navigating the complex cryptocurrency market, making it easier for users to purchase VET with minimal effort. This ease of access is expected to significantly boost VET’s adoption among European investors, helping to solidify its presence in the region.

Additionally, the Oobit iOS app offers a wide range of comprehensive features for users to leverage, including secure wallet storage, real-time price updates, and detailed transaction histories. 

Notably, this integration comes at a time when VeChain is gaining traction across various sectors, including supply chain management and luxury goods authentication. VeChain has vividly showcased its potential to transform traditional business practices.  

VeChain Price Prediction

In light of this significant development, VET, VeChain’s native token, is swapping hands with $0.02423 at the time of writing, marking a 3.78% and 5.35% surge in the last 24 hours and past week, respectively. Despite the rebound, VeChain is still down 19.45% over the past month. Additionally, VeChain’s current price rally has sent its market cap hovering at the $1.96 billion mark with a $ 16,206,030 24-hour trading volume.

As the crypto market continues to show signs of recovery, Coincodex, a cryptocurrency trading platform, offered a rather cautious but optimistic prediction for VeChain. According to CoinCodex, VeChain is expected to maintain its current trading levels for the next few days before dipping to $0.022 by August 31st. However, the platform predicted that VET would undergo a price recovery that would leave the token hovering around $0.024 by early September. 

Additionally, Changelly has put forth a rather bullish prediction. Despite the platform not mentioning the specific time for August, the platform forecasts that VET is poised to reach $0.026.