Story Highlights
- The live price of VeChain is $ 0.03979823.
- VET price could have a maximum value of $0.0776 by the end of 2024.
- VeChain price with a potential surge could go as high as $0.300 by the end of 2030.
The surge in Bitcoin’s price has triggered a bullish wave in the altcoin sector, leading to a frenzy of buying among investors. As the market recovers more broadly, altcoins are showcasing remarkable gains, some with nearly double-digit increases. Among the top performers, VeChain (VET) stands out with a 90% jump in three weeks.
Given the current momentum and VeChain’s strong recovery trajectory, there’s an expectation of further value growth for its native token in the weeks ahead. This situation prompts investors to ponder, “Can VET Price Hit $0.10?”
Are you also considering VET for your portfolio? Look no further, as our prediction brings to you the possible VET price prediction 2024 – 2030 and the years to come!
Cryptocurrency | VeChain |
Token | VET |
Price | $ 0.03979823 |
Market cap | $ 2,893,909,356.5642 |
Circulating Supply | 72,714,516,834.0000 |
Trading Volume | $ 102,549,775.5985 |
All-time high | $0.2782 on 17th April 2021 |
All-time low | $0.001678 on 13th March 2020 |
24 High | $ 0.0453 |
24 Low | $ 0.0394 |
VeChain Price Prediction March 2024
The VeChain price traded in a closed range between $0.02756 and $0.03074 for two weeks, indicating a weak price action for this altcoin in the market. Following this, the bulls gained momentum and added approximately 59% within the next three days.
Since then, the price has been trading in a consolidated range between $0.04186 and $0.04890, highlighting a strong liquidation point at its resistance level. Positively, the Cross EMA 50/200-day acts as a support, suggesting a bullish influence in the market.
The technical indicator, MACD, displays a constant green histogram, indicating a increased buying-over-selling pressure in the crypto market. Further, the averages show a steady rise, suggesting the price will continue gaining value in the coming time.
If the market pushes the price above the resistance level of $0.04890, the bulls will regain momentum and test its upper resistance level of $0.05752 in the upcoming weeks. Conversely, if the bears overpowered the bulls, the VeChain price will lose momentum and prepare to test its lower support level of $0.04186.
VET Price Forecast 2024
If the crew behind VeChain employs developmental and community-building initiatives amidst Bitcoin’s halving event. A run like that of Bitcoin’s expansion rally can be anticipated. In such a case, the VET price could propel to a maximum of $0.0776 by the end of 2024.
Conversely, possible factors like regulatory concerns could slump the price to $0.0364. That said, a balance in buying and selling pressures could slip the price to $0.0570.
VET Crypto Price Prediction 2024 – 2030
Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2024 | 0.0364 | 0.0570 | 0.0776 |
2025 | 0.0543 | 0.0776 | 0.101 |
2026 | 0.0865 | 0.110 | 0.134 |
2027 | 0.105 | 0.142 | 0.177 |
2028 | 0.148 | 0.180 | 0.213 |
2029 | 0.189 | 0.225 | 0.262 |
2030 | 0.226 | 0.263 | 0.300 |
VeChain Foundation, a non-profit organization registered in Singapore in 2017, manages the project. The project is known for its collaboration with major companies.
Such as Microsoft, Shanghai Gas, Walmart China, BMW Group, H&M, and others. VeChain price for 2024 could range from $0.0364 to $0.0776.
VeChain Price Prediction 2025
If it can provide complete integration of the blockchain-based platform with the actual business world. It would be easier for companies to use the blockchain. By the next three years, VeChain’s price might reach a maximum of $0.101.
On the contrary, if the bears flip the uptrend, then the price could plunge to as low as $0.0543. Successively, the lack of propelling initiatives could settle VET at $0.0776.
VeChain Price Prediction 2026
According to forecast prices and technical analysis, VeChain’s price is projected to reach a minimum of $0.0865 in 2026. The maximum price could hit $0.134, with an average trading price of around $0.110.
VeChain Price Prediction 2027
Looking forward to 2027, VET’s price is expected to reach a low of $0.105, with a high of $0.177 and an average forecast price of $0.142.
VeChain Price Prediction 2028
In 2028, the price of a single VeChain is anticipated to reach a minimum of $0.148, with a maximum of $0.213 and an average price of $0.180.
VeChain Price Prediction 2029
By 2029, VET’s price is predicted to reach a minimum of $0.189, with the potential to hit a maximum of $0.262 and an average of $0.225.
VeChain Price Prediction 2030
In 2030, VeChain is predicted to touch its lowest price at $0.226, hitting a high of $0.300 and an average price of $0.263.
What Does The Market Say?
Firm Name | 2024 | 2025 | 2030 |
Wallet Investor | $0.00251 | $0.00165 | – |
priceprediction.net | $0.0472 | $0.0666 | $0.4310 |
DigitalCoinPrice | $0.0767 | $0.11 | $0.32 |
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
Fundamental Analysis
Founded in 2015 and launched in 2016, VeChain is a blockchain-based system built to enhance supply chain management and business processes. The project was initially conceived as a supply chain management and anti-counterfeiting system based on blockchain and (IoT) technologies.
In December 2017, the product was rebranded and relaunched as the VeChainThor blockchain for decentralized applications (dApps). VeChain has now established itself as a blockchain service provider for businesses in any industry.
Further, VeChain plans to become a leading platform for initial coin offerings (ICO). And also a platform for conducting transactions between the Internet of Things (IoT) and its connected devices.
What Is VeChain?
VeChain (VET) is a blockchain-powered platform built to renovate supply chain management. It aims to facilitate the best resources to traders, who wish to solve real-world economic problems.
The network owns two native tokens VET and VTHO. The goal is to boost the scalability, efficiency, and traceability of supply chains while directing more control to individual traders.
However, the platform is unique as it aims to overthrow supply chain friction and give an appealing impression to traders.
VeChain Historical Market Sentiments 2018 – 2022
- VeChain (VET) was listed on cryptocurrency exchanges in late July 2018, by August 2018, the price fell to $0.006, and closed the year at $0.004.
- In Q1 of 2019, the price of VET broke out to $0.0079 in March. After pulling back to $0.0056 in April, the asset continued to grow, peaking at $0.0098 in June.
- VeChain price tested its support at $0.0028 in late October. The asset closed the year with a price tag of $0.0056.
- VeChain continued to grow and retested the resistance at $0.0082 in February 2020. On the 13th of March, VET had set a new low at $0.0016 mark. After a steady pullback, VET managed to trade at $0.017 by early August. However, the Bitcoin’s rally pushed the price to $0.018.
- VeChain price commenced the year with its price trading at $0.020. The asset soared to a new ATH of $0.2782 in April 2021. Due to the Chinese market crash on May 19th, the price experienced a heavy pullback to $0.07238.
- In July 2021 VeChain partnered with ReSea to prevent pollution in the oceans. Which took the price to $0.1539 on September 5th, 2021.
- While the Chinese market crisis called for a 23.3% dump, however, the PoA 2.0 upgrade plan pushed the price by $0.1192. An ascend led to the annual closure at $0.0863 for 2021.
- The VET price had commenced its trade for 2022 with a price tag of $0.0823. After moving sideways until the 17th of January, VET faced another fall, which dragged the price down to $0.0457 by the 22nd of January.
- The coin faced a bearish trend for the whole year. VeChain price had a closing trade level of $0.0158 for the year.
FAQ’s
The VET price could reach its maximum of $0.0776, by the end of 2024.
VET better known as VeChain Thor is a native token of the VeChain network. Which is used for exchanges across the network, to empower scalability, efficiency, and traceability.
The price of the altcoin could hit a maximum of $0.101, by the end of the next three years. With a potential surge, the VeChain price may go as high as $0.300 by the end of 2030.
VET is available for trade across prominent cryptocurrency exchange platforms such as Binance, KuCoin, Huobi Global, and Gate.io, amongst others.
The price of VET could settle at an average price of $0.0570 by the end of 2024.
Earlier in the year 2022, VeChain Foundation and Amazon Web Services (AWS) partnered to explore a carbon-neutral digital infrastructure to enable firms to manage their carbon footprint and achieve their emission targets.
At the time of publishing, the price of 1 VET was $0.04679.
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