VeChain (VET) could advance even more in the ongoing bull market, but the risk remains very high

The cryptocurrency market is advancing this Thuesday; Bitcoin’s price went above $40000 resistance and reached a new all-time high. VeChain (VET) has increased from $0.012 above $0.031 in less than several weeks, and the current price stands around $0.029. Fundamental analysis: VeChain improves supply chain and product lifecycle management VeChain is a blockchain platform designed to enhance supply chain management and business processes. The logistics sector suffers from a large amount of data that are not communicated optimally. The entire supply chain relies on centralized data sources, which results in a lack of transparency and delayed data transmission. VeChain provides