VeChain Surges 20% After Bithumb Listing

While various digital currencies are battling in the crypto market, VeChain is clearly among the main couple of ones that are encountering a great ascent in its price. In the course of the most recent 24 hours, the crypto has picked up a drastic momentum and is as of now riding at $2.71 with more than 20 percent price rise.

Today, VeChain (VEN coin) got listed on the Bithumb exchange. One of the biggest digital currency exchange, Bithumb has in complete 14 coins including VEN listed that are among the top 25 in the market.

Bithumb reported the VeChain listing on its official site:

“VeChain, which is listed after review by Bithumb Cryptocurrency Deliberative Committee, is valued as a service blockchain that can be combined with real life, and is the payment currency used in the VeChain Blockchain, which is already spurring development based on many partnerships.”

After Bitcoin, Ethereum, Ripple, Litecoin, EOS, Bitcoin money, Qtum, Ethereum Classic, Zcash, Bitcoin Gold, ICON, Monero, and DASH, now VeChain coin is a part of these best coins listed on Bithumb which is the purpose behind the ascent in VEN’s value.

The digital currency market has been picking up recovery which is right now driven by VeChain. Among the top 20 digital currencies, VEN is en route in front of different cryptos with its strong 20.52 percent gain. It is at present positioned at the seventeen position on the coinmarketcap. The market size of VEN is $1.4 billion right now which is listed on a portion of the best exchanges viz. Binance, Huobi, and Lbank.

It is an exciting news, however, in the past little gains had been promptly turned into losses. Given the bearish trend as of now going into the market, this positive trend may not stick. Nonetheless, it has been expected that the digital currency market will encounter the waves of bullish trend soon.