Analysts See VeChain Upswing And Elon Musk Admits Dogecoin Trading Hamster Has ‘Mad Skillz’

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Last Updated on 3 October 2021 by CryptoTips.eu

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]
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The crypto revival continues as we enter Sunday. Looking at the past week, we seem to have put the freight of the Chinese crypto ban behind us and are all glad that October (and Q4) is finally here. In the past week, Ethereum climbed 16% and Solana even 30%. In the lower altcoin region, several analysts have shined their light on the supply chain coin VeChain, which climbed 30% in the past week.

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VeChain has bottomed

No less than three analysts with massive followings on Twitter have discussed VeChain’s current charts and already two of them have turned positive. Justin Bennet has now turned to a paying model for his predictions and said the last time he freely discussed VeChain that the small altcoin has not had a fabulous September, stating on 28 September:

Unless $VET can close September above the August open at 0.0896, this month is a bearish engulfing candle.

Scott Melker, also known as the Wolf of All Streets, also has his eye on VeChain apparently. He had been forecasting a bottoming out for VeChain for a few weeks now. Yesterday, he claimed that this had now happened and the only we was up, stating:

$VET. It did the thing. Break, retest as support, go up.

We’ll see if he’s right.

The last analyst to discuss VeChain in recent days was Michael van de Poppe who also confirmed Scott’s analysis, saying yesterday that $VET is most likely bottomed.

Last time we had such agreement across the board was back in December of 2020, just before VeChain started one hell of a bullrun. Let’s see if they called it correctly now as well.

Mr Goxx Has Mad Skills

Lastly, we have to mention Elon Musk’s reaction to Mr. Goxx, the crypto trading hamster who did so well trading Dogecoin.

The Tesla boss mostly stays away from discussing crypto as of late, focusing mostly on his companies SpaceX and Tesla. However, when someone with the twitter handle Shibetoshi Nakamoto tweeted the crypto trading hamster story and said it’s all just throwing darts, Musk couldn’t contain himself and just had to react, saying the hamster clearly has Mad Skillz!