Friday, June 18, 2021

VeChain (VET) Makes the List of Top 10 Trending Digital Currencies in Europe

VeChain (VET)’s rise in popularity continues to correlate with the increase in the global exposure of the crypto industry at large.

As shared by a supposed VeChain enthusiast known on Twitter as eisenreich, VeChain (VET) made the list of the top 10 digital currencies in Europe between 13th and 19th February 2021.

Read Also: VeChain Utility to Be Leveraged By a Top United States Seafood Firm to Boost Traceability

According to CoinGecko, a popular platform that provides the overview of the crypto market, VeChain was the number 10 on the list of coins with the highest number of interest in Europe, within the aforementioned timeframe.

eisenreich tweeted, VeChain x CoinGecko. Coming in at #10, VeChain landed on CoinGecko’s European list of ‘Top 10 Trending Coins’. More people are noticing VeChain every day!”

Aside from VeChain (VET), other cryptocurrencies on the list include Elrond, Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), UTRUST, API.Finance, Polkadot (DOT), PancakeSwap, and XRP.

Read Also: VeChain Is Involved In the Newly Launched Blockchain by the Enterprise Singapore and Singapore University of Social Sciences

The fact that the enterprise blockchain platform, VeChain, surfaced on the list indicates that there has been a daily increase in its exposure and interest across the world.

VeChain (VET) Plans To Launch Uniswap on VeChainThor Blockchain

VeChain, the popular enterprise blockchain platform would become an Ethereum competitor if the ground effort to launch its own version of Uniswap, a popular decentralized application (DApp), on the VeChainThor blockchain could play out as planned.

As a report has it, a VeChain developer community known as “A Byte Ahead” and “Laalaguer” confirmed the cooking development on Github. The name of the decentralized exchange will be Vexchange. It will represent the fork of the second iteration of Uniswap and it’s currently in the testing phase.

Read Also: VeChain (VET) Mainnet Just Passed 101th Million Clause in Transaction

According to the report, “A Byte Ahead” noticed a gap in Ethereum’s high fees that can be filled with a cheap alternative, but the group has faced difficulties in the course of cloning the decentralized application, Uniswap:

“Previously we are not confident to announce it because the “porting Uniswap V2” is hard. But now we have done the contracts part and Kenneth have partially get the Uni-interface working on Connex2. It’s on a good, correct, and right path.”

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Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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