VeChain’s Price Volatility: Will the Renaissance Upgrade Offer Stability?

Recent data suggests that VeChain (VET) faces a significant bubble risk, according to its bubble risk metric of 0.82, indicating a possible price correction of 30-50% within months. This aligns with historical patterns observed in past crypto market bubbles as per the Bank for International Settlements (BIS). The analysis indicates multiple short-term peaks since 2018 driven by speculative retail trading, according to a study from the Journal of Financial Economics published in 2022. These price surges are often fueled by hype and can trigger sharp corrections when sentiment shifts.