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VeChain’s Stargate Launch Could Spark a Major Breakout
- VeChain's Stargate launch has the potential to trigger a significant breakout, according to analyst Michaël van de Poppe.
- The protocol has been strengthening its fundamentals through major upgrades and partnerships.
- Recent developments include UFC President Dana White joining as an advisor and Mugshot app reaching 1 million active users.
- Integration with WanChain and obtaining a MiCA license have expanded VeChain's capabilities and regulatory compliance.
- Partnership with Stella Pay allows Visa-style transactions at millions of retailers, merging Web2 convenience with Web3 utility.
- The upcoming Stargate upgrade introduces NFTs and a new staking system, creating a deflationary environment.
- Stargate aims to boost demand, network value, and ecosystem participation through increased staking rewards and token burns.
- Van de Poppe sees VET's price drop as macro-driven and expects a potential price revisit to $0.12 based on historical patterns.
- With market conditions offering opportunities and Stargate launch on the horizon, VeChain could be undervalued relative to its progress.
- As the crypto market shifts towards strong altcoins, VeChain's enterprise partnerships and real-world adoption position it for potential outperformance.
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