In this guide, we will voice our own and market’s opinion on VET future while discussing Vechain price forecast for 2024 and beyond.
Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like VET.
Now, let’s head into it.
Before we delve deep into the Vechain price prediction and answer questions if Vechain is a good investment or not, why will VET succeed or fail or why will VET price rise or drop, let’s quickly throw a glance at what is Vechain and its to date history.
You can buy and trade VeChain on many exchanges including the leading platforms like Cex.io, Coinbase and Binance.
Our VET price forecast suggests the token price will be around $0.0137 in the next 90 days.
👉 VeChain Price Prediction 2024
Our VET price forecast suggests the token price will be around $0.0402 in 2024.
👉 VeChain Price Prediction 2025
We predict the VeChain price to hover around $0.0587 in 2025 based on our analysis.
👉 VeChain Price Prediction 2026
In 2026, we expect the VeChain price to be approximately $0.0627 according to our price prediction model.
👉 VeChain Price Prediction 2027
Our VET prediction indicates the token price will be in the vicinity of $0.0803 in 2027.
👉 VeChain Price Prediction 2028
For 2028, we forecast the VET price to be around $0.0979 given current trends.
👉 VeChain Price Prediction 2029
Looking ahead to 2029, we estimate the VeChain price will settle around $0.1155.
👉 VeChain Price Prediction 2030
Our VET price prediction suggests a token price of about $0.1263 by 2030 based on projected growth.
What you'll learn 👉
VeChain Intro
VeChain (VET) is a blockchain platform designed to improve efficiency and data integrity in supply chains, especially logistics. It combines decentralized and centralized elements to provide enterprise solutions for tracking goods and information. VeChain aims to accelerate blockchain adoption by addressing issues like high costs and complexity.
Regarding investment potential, some analysts suggest VET could be a good long-term investment with a bright future. VeChain has strong fundamentals, including real-world use cases, solid partnerships, and an experienced team. However, as with any investment, there are risks to consider.
VeChain enables businesses to build decentralized applications and conduct transparent, secure transactions. By leveraging blockchain, VeChain helps address challenges like counterfeiting, supply chain management, and data integrity. With real-world adoption across industries, VeChain has disruptive potential in logistics, luxury goods, and beyond.
Fundamentals
- VeChain utilizes a hybrid blockchain that combines decentralized and centralized elements.
- There are two tokens on the VeChain platform – VeChain Token (VET) and VeChainThor Energy (VTHO).
- VET is VeChain’s primary token used for governance, value transfer, and generating VTHO.
Use Cases
- VeChain aims to improve supply chain management by enabling direct business transactions without third parties.
- The platform allows for shared data between stakeholders and increased integration of financial and logistical services.
- VeChain plans to be a leading platform for initial coin offerings (ICOs) and transactions between Internet of Things (IoT) devices.
- Corporations mainly use VeChain for tracking goods and information to boost efficiency in logistics and supply chains.
VeChain is a blockchain platform that combines decentralized and centralized elements. It uses the VET and VTHO tokens to improve supply chain management, enable business data sharing, and increase efficiency for corporate users, especially in logistics.
Check out our guide on the best VeChain Wallets.
Captain Altcoin’s Vechain Price Prediction 2024
Following the landmark approvals of Bitcoin ETFs earlier this year, there has been a noticeable surge in interest from both retail and institutional investors, signaling a robust period of growth and acceptance for digital assets. With the regulatory landscape beginning to stabilize and provide clearer guidelines, the cryptocurrency market is poised for a transformative finish of the year, potentially setting new benchmarks for adoption, innovation, and investment. Bitcoin ETF approvals were done in early January, setting a positive tone for the market. Now, attention is turning towards post-halving rallies, with the BTC halving and ETH ETFs now behind us. Ripple was also fined to pay \"only\" $125 million to SEC based on the most recent ruling decision. This is considered as another victory for XRP. Bitcoin has almost tripled in price since last summer, with the recent Wall Street earthquake and the upcoming US elections expected to further boost Bitcoin, Ethereum, and the broader crypto market. Bitcoin is trading around $55k now, after it hit a new ATH of $73k in March. Ethereum also had its own ETFs approved by SEC. The ETH price is currently around $2,300 and still has not broken its ATH from the 2021 bull run. Investors are hopeful this will happen soon. The majority of investors, traders, and crypto influencers are hopeful that the real crypto bull run will finally commence, bolstered by the recent ETF approvals and historical post-halving rallies. Some of the hottest sectors so far this summer were memes, RWA and AI projects.
Below is a tabular overview of how will VET develop in the short-term (for the next 90 days), according to our prediction model:
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VeChain Price Prediction 2024
The cryptocurrency market has shown promising signs for gains in the first few months of 2024, with Bitcoin leading the charge. BTC has first seen an impressive gain, hit new ATH of around $73k in March, but then retraced to the current levels in the $60k area. Total market capitalization is currently at around $2 trillion (it around $1 trillion in June last year). Despite having strong start of the year, the market then “survived” two crashes so far this summer, in July and August when BTC plunged to around $50k. It bounced off this area quickly though.
There are several bullish several factors, including the approval of Bitcoin spot ETFs in early 2024, which has played a pivotal role in attracting institutional investors and boosting market confidence. Moreover, Bitcoin halving is now behind us, but BTC price didn’t perform well around this event (post-halving retracement mentioned above). Historical data tells us the BTC price starts to rally 6-9 months after the halving, so we are still not there yet.
However, the growing interest in various cryptocurrency sectors, such as meme coins, real-world asset (RWA) coins, and AI crypto coins, has also contributed to the bull run, showcasing the market’s evolving nature and its ability to adapt to new trends and technologies. Coins such as RNDR, NOT, TON, WIF, or ENA produced nice gains.
Looking ahead, the market is poised for what many experts believe could be a prosperous period. The Ethereum ETFs approvals are now also a done deal and trading already. All in all, the whole crypto community is preparing for the next leg up in this bull run.
CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown for the next 12 months:
VET coin price prediction 2025
Our prediction model sees VET reaching $0.0587 in 2025.
What will VET be worth in 5 years?
The price of VET in 5 years could lie around $0.0419, according to CaptainAltcoin’s prediction model.
VeChain Price Prediction 2030 – 2040
What VeChain will be worth in 2030?
Our forecasting model sees VeChain reaching $0.1468 in 2030.
What VeChain will be worth in 2040?
Our forecasting model sees VeChain reaching $0.2936 in 2040.
Will VeChain replace / surpass / overtake Bitcoin?
No, VeChain will not replace or overtake BTC.
Can VeChain reach $10?
No, our prediction model sees no possibility for VeChain to reach $10 in the short or mid-term period.
Can VeChain reach $100?
No, our prediction model sees no possibility for VeChain to reach $100 in the short or mid-term period.
Is VeChain worth buying?
We are advocates of moderately risky investing – invest most of your crypto portfolio in BTC (50%); 35% in a basket of big cap coins and the rest in small projects with huge upside. So, in this context, VeChain is worth buying.
Is VeChain a good investment?
VeChain is, just like all other cryptocurrencies, a risky investment. It does have higher probability of going up than down because of the good use case, well-designed tokenomics, active community and a solid team behind it.
How much will VeChain be worth?
For the short-term future, it could reach $0.0137. In the long-term (8-10 years), it could jump to $0.1468 or even higher.
Why will VeChain succeed and go up in price?
VeChain has a good use case, well-designed tokenomics, active community and a solid team behind it. All of these are a prerequisite for success and that is why our prediction model sees VeChain rising up to $0.1468 in 2030.
Why will VeChain fail and drop in price?
Crypto projects fail for various reasons. Some of the most common ones are: team goes rogue and abandons the project, regulators declare it illegal and press exchanges to delist it, lack of media attention, more successful competitors, lack of well designed marketing strategy, losing community support, potential vulnerability in the protocol, failing to achieve anticipated minimum developement activity on the protocol, failing to attract new developers to build on their platform.
Can VeChain reach $1?
Yes, it is possible that VeChain can reach $1 but only in the distant future, after 2030.
How high will VeChain go?
Our forecasting model sees VeChain price exploding and reaching $0.2936 in a distant future.
What is the short-term prediction for VeChain?
VeChain will reach $0.0137 in the next 90 days, which is a 38.8% change over the current price which hovers around $0.0224.
Can VeChain make you a millionaire?
Yes, if you buy large enough sum of it. Do not expect to invest $100 and become a VeChain millionaire. But 100x price explosions are a common sight in crypto, so a $10k investment in VeChain could make you a millionaire.
VeChain Price Prediction Today - What will be the price of VeChain tomorrow?
VeChain will hover around $0.0234 tomorrow.
Can VeChain explode?
No, VeChain price will not explode and record 5-10x pumps; but grow more modestly with an increase of 22.4% in the next year.
What will be the price of VeChain in 10 years?
VeChain price in 10 years will hover between $0.1468 and $0.2936.
VeChain Price Prediction 2023 - What will VeChain be worth in 2023?
VeChain will reach $0.0297 in 2023, which is a 32.86% change over the current price.
VeChain Price Prediction 2024 - What will VeChain be worth in 2024?
VeChain will reach $0.0402 in 2024, which is a 79.56% change over the current price.
VeChain Price Prediction 2026 - What will VeChain be worth in 2026?
VeChain will reach $0.0627 in 2026, which is a 180.14% change over the current price.
VeChain Price Prediction 2027 - What will VeChain be worth in 2027?
VeChain will reach $0.0803 in 2027, which is a 258.89% change over the current price.
VeChain Price Prediction 2028 - What will VeChain be worth in 2028?
VeChain will reach $0.0979 in 2028, which is a 337.64% change over the current price.
VeChain Price Prediction 2029 - What will VeChain be worth in 2029?
VeChain will reach $0.1155 in 2029, which is a 416.39% change over the current price.
VeChain Price Prediction 2050 - What will VeChain be worth in 2050?
VeChain will reach $0.4496 in 2050, which is a 1909.77% change over the current price.
Market Price Predictions
Here are five reworded VeChain (VET) price predictions from industry experts:
- Changelly anticipates VET could reach a minimum of $0.018 and maximum of $1 per token by 2030.
- Trading Beasts projects VET could climb to a high of $0.0729 by 2025.
- CryptoNewsZ forecasts VET may hit a maximum of $0.231 and minimum of $0.151 per token by 2030.
- Traders Union expects VET to grow around 1,200% over the next few years to $1.6.
VeChain prediction: long-term
Finally, let’s lift our looks a bit farther and give a long-term outlook and Vechain price prediction.
As a result of ICO mania from 2017, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of projects will become the new Apple, Google or Alibaba in the crypto industry. Will VET be among those 5%?
Good probability of that happening.
First and foremost, VeChain has built a broad and ardent community that is more educated and patient than most of other “get rich quick” altcoin’s communities where holders only discuss price in a hostile and ill-bred manner.
The Vechain Foundation is very balanced in their approach to the 3 most important dimensions of every crypto project: technology development, forging business partnerships and community fostering.
Not only is VeChain, led by a great founder in that of Sunny Lu, who has great experience working within enterprises, but also the never ending “Enterprise Partnerships” that they continue to build, although taking time to get things moving from start to actually used in the public, it happens. To name a few from there expanding list so far they are : DNGVL, PWC, Walmart China, BYD and many more that can be also found on VeChain Insiders website.
VET has a chance to be one of the first broadly used blockchains in one of the most realistic use cases for a decentralized ledger: supply chain management. All of this instills holders with justified hope that their token is worth holding through the bear dominated times.
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Vechain is one of the projects that has an actual working product and real businesses using it. This gives it a Huge advantage over many other crypto projects. Since they increased the vet supply 100%, the price per coin is lower. My price prediction for vet in 2019 is a double of the old high, when it was ven of around $10…….which is $0.20 now. That would put vet market cap around 12 billion. I believe this is a very conservative estimate and think that the coin will at some point hit $1.00, if the team can continue to increase the business customer base.
“Professional services firm Deloitte will develop solutions on the VeChainThor network, having decided to migrate from the Ethereum network.”
Not true anymore – https://www.ccn.com/major-ethereum-project-launch-from-deloitte-teased-at-consensus-2019
2017 bull market showed that crypto price does not depend on team members or actual product and service they provide. Of cause for long term holders VET is very good investment but still you have to consider fact of market price cycling law and be ready to sell when price at high peak level. If you ask me then I think it does not matter which first 100 altcoins you will peak from coinmarketcap.com website list. All of them will increast value in bull market and I think most of them will do 100x from its current value in the next bull market.