Why Traders Are Avoiding VeChain (VET) This November

Right now, the crypto market is navigating some choppy waters. Meme coins have skyrocketed, boasting a staggering market cap of over $45 billion as we dive into November 2025. On the flip side, VeChain (VET) is facing its own set of challenges, having experienced a 20% decline in October, which has led many traders to rethink their positions.

Market sentiment, regulatory changes, and broader economic factors all play crucial roles in shaping how traders approach VeChain. If you want to capitalize on potential opportunities amid this volatility, you need to understand these influences.

This article will provide you with insights and actionable strategies if you're considering VET this month.

🎯 KEY INSIGHT

In October 2025, VET's trading volume dropped by 35%, highlighting a significant dip in trader interest compared to meme coins like BONK, which soared by 150%.

Founded in 2015, VeChain aims to enhance supply chain and business processes through blockchain technology. Despite recent partnerships with major players like Walmart and BMW, these developments haven’t yet translated into the price stability that traders are looking for.

Trader sentiment can be gauged using metrics like open interest and trading volume. The latest data reveals that VET's open interest has stagnated at $15 million, while meme coins like PEPE have seen trading volumes soar to nearly $100 million.

Open interest reflects the total number of outstanding derivative contracts in play. The downturn in VET's open interest suggests a lack of new positions, which often signals a bearish sentiment among traders.

Recent surveys indicate that confidence in VET is on the decline, with only 25% of traders expressing a bullish outlook, down from 60% just three months prior. This shift points to a broader loss of faith in VET's immediate prospects.

When you stack VeChain up against meme coins like BONK and WIF, it’s hard to ignore how stagnant VET appears. Both BONK and WIF have outperformed VET recently, leaving many traders feeling less optimistic about VET's potential.

As you consider your next moves in this unpredictable market, keep these insights in mind. Whether you're a seasoned trader or just getting your feet wet, understanding the landscape is vital for making informed decisions.