Take a look at the current price trends to explore the VeChain price prediction 2023-2030
Are you looking for the top VeChain price predictions and forecasts? You’re in the right place. We’ll be exploring what the experts have to say about VeChain’s future performance to answer the question ‘is VeChain a good investment?’ for 2023 and beyond.
Below you'll get to find some expert opinions on the VeChain price prediction and where the market sees the crypto asset going in the next few years.
Vechain price prediction - SUMMARY
Listed below are forecasts on the VeChain price for the foreseeable future. we discuss the following:
- End of 2023: A mass drive towards the adoption of the VET token will take VeChain to $0.089 and levels beyond $0.10.
- End of 2025: VeChain is expected to retest its all-time high in 2025 and potentially close the year at $0.70 as a result of a growing DeFi market.
- End of 2030: New applications and services leveraging VeChain by 2030 can take the VET asset above $2 per token and score a yearly average of $1.79.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
VeChain Overview
Like much of the crypto market VeChain (VET) exploded to new highs in the last few years. And naturally, investors are asking themselves what are VeChain’s prospects? Will 2023continue this trend or be its downfall? Before we uncover how much VeChain could be worth, let’s remind ourselves of its distinct attributes.
VET Overview
| Cryptocurrency | VeChain |
|---|---|
| Ticker Symbol | VET |
| Rank | 39 |
| Price | $0.048293268558987086 |
| Price Change 24h | -2.95% |
| Price Change 7d | -0.87% |
| Market cap | $3,511,621,689.60 |
| Circulating Supply | 72,714,516,834 |
| Trading Volume | $106,860,779.45 |
If you want to buy cryptos quickly and easily, check out eToro!
VET — A Supply Chain And IoT Solution
VET is the token of the VeChain layer 1 smart contract platform. ‘VET’, the ticker symbol, can be used interchangeably with ‘VeChain’ — though do note that there is more than one token on the VeChain blockchain. VeChain has a maximum total supply of 86,712,634,466 VET.
Some of VeChain’s rivals include:
- IOTA (MIOTA)
- IoTeX (IOTX)
- Ethereum (ETH)
- Binance’s BNB (BNB)
- Cardano (ADA)
What’s The Point Of VeChain?
VeChain is a semi-decentralized, blockchain-based platform. Have you ever looked at a product with a designer label and wondered if it’s the real deal? Well, VeChain aims to put a stop to that uncertainty. VeChain’s platform uses anti-fraud technology to authenticate high-end items, giving confidence both to customers and manufacturing companies.
Some of VeChain’s benefits include:
- Super friendly for developers, making it easy for them to start building applications.
- Though VeChain is part of the IoT (Internet of Things) sector, it focuses more on supply chain issues.
- Has forged partnerships with some of the biggest and most well-known companies in the world.
- Uses ‘proof-of-authority’ instead of proof-of-stake or proof-of-work.
- By holding VeChain, you automatically earn its second token, the VeThor Token (VTHO).
Who Is Behind VeChain?
VeChain was founded in 2015 by Sunny Lu, who was previously the Chief Information Officer (CIO) at Louis Vuitton China. Originally designed to prevent the sale of counterfeit goods, it’s since been adopted by large companies to simplify the process of supply chain management.
What Is VeChain Used For?
The VeChain ecosystem consists of the blockchain that stores the encrypted tracking information, the mainnet, and its native cryptocurrency — which is where VET comes in. This utility token is used to transfer value across the network, and the more VET somebody holds, the quicker they’re able to access the blockchain’s resources.
You can also use VET to generate the network’s second native token — VeThor Energy (VTHO). This token is known as the ‘gas’ that powers smart contract transactions on the platform and enables people to access the supply chain technology.
Who Uses VeChain?
According to VeChain Stats, there are approximately 1,734,801 known addresses. The VeChain Foundation has partnered with BMW, Walmart China, Pricewaterhouse-Coopers (PwC), Bosch, and Qualcomm. This shows that big businesses have confidence in the underlying technology.
Technical Analysis Of VeChain’s (VET) Price Movements
CoinMarketCap first started tracking the price of VeChain on the 8th of April 2018 at $0.01333. Since then, VET has reached an all-time low of $0.001678 on the 13th of March 2020. There was no VeChain ICO (initial coin offering).
VeChain started 2021 at $0.01908, reached an all-time high of $0.2782 on the 17th of April, and ended the year at $0.0828. VeChain has a 52-week low of $0.03921. VeChain started 2022 at $0.08287 and ended the year at $0.01525.
VeChain Price Chart
VeChain VET/USD price chart. Source: Coinmarketcap
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
VeChain Forecast: Expert’s Take On VeChain Price Movements
On the whole, VeChain price predictions are chiefly positive for 2023to 2030, though some expect a minor decrease here and there.
According to our VeChain technical analysis on past price data of VET, In 2023the price of VeChain is predicted to reach at a minimum level of $0.061. The VET price can reach a maximum level of $0.074 with the average trading price of $0.064.
Price Prediction
In 2023, the VeChain price is forecasted to be on average $0.0742311. The expected maximum price is $0.0927889, minimum price $0.0630964.
Trading Beasts
the forecasted VeChain price prediction at the end of 2023 is $0.1252 - and the year to year change +49%. The rise from today to year-end: +58%. In the middle of 2023, we expect to see $0.1099 per 1 VeChain. In the first half of 2024, the VeChain price prediction will climb to $0.1592; in the second half, the price would add $0.0111 and close the year at $0.1703, which is +114% to the current price.
Coin Price Forecast
Future price of the VeChain forecasted asset is predicted at $0.1845062188232 (142.134% ) after a year according to our prediction system.
Gov Capital
As per the VeChain forecast data analysis, the price of VET is expected to cross the level of $0.15. By the end of the year, VeChain is expected to reach a minimum fee of $0.13. In addition, the VET price is capable of getting a maximum level of $0.16. Investors and holders of crypto assets must know the VeChain Price Prediction 2025.
DigitalCoinPrice
the price of VeChain is predicted to reach at a minimum value of $0.24 in 2025 . The VeChain price Prediction could reach a maximum value of $0.30 with the average trading price of $0.25 throughout 2025
ICOcreed
Based on our VeChain forecasts, a long-term increase is expected, the VET price prognosis for 2027-03-20 is 0.239 US Dollars. With a 5-year investment, the revenue is expected to be around +210.79%. Your current $100 investment may be up to $310.79 per VET/USD in 2027.
WalletInvestor
Our Forecast System predicts that VeChain could possibly increase in value in the short term by +22% to $0.0936 from $0.0768. The system forecasts a +20% move from $0.0768 to $0.0921 over the next month, VeChain has a price prediction of $0.1182 in over a [years’] time.
Coinskid
As per the forecast and algorithmic analysis, [the] price of 1 Vechain (VEN) will be around $49.6724 in 2027.
CryptoGround
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
VeChain Price Prediction: 2023-2030
If you want to cut right to the chase, here’s how much VeChain can be worth in the future.
According to our long-term VeChain price prediction, the value of VeChain will reach $0.12 by the end of 2023, rising to $0.23 by the end of 2024 and $0.84 by the end of 2025. VeChain forecasts will then rise to $1.35 in 2027, and $2.12 in 2030.
To formulate our VeChain price predictions for 2024 to 2030, we have taken the following factors into account.
The first and perhaps most obvious factor is supply and demand. As the pool of available tokens continues to shrink, investor demand is likely to increase. When the demand is greater than the supply, the price of an asset will go up — which means we could see VET increase in value over the next few years.
Another key factor that could affect the price of VET is the platform’s range of retail partnerships. As VeChain continues to expand, these partnerships won’t just provide extra investment, but they will also give the cryptocurrency the seal of approval. Although there is no official roadmap for the development of VeChain, via Twitter the VeChain Foundation implied that 2023and beyond will focus on accelerating adoption.
With growth clearly on the horizon, it seems likely that the network may attract new partnerships in the future. The price of any asset is always intricately linked to investor confidence, as well as its prominence in the news and on social media. Both of these are likely to increase as a result of brand expansion, thus potentially driving up the demand for VET tokens. This, in turn, will drive up the price.
It is also worth noting that VeChain is a semi-decentralised platform. Although it’s not fully decentralised, it’s still likely to cash in on the growing demand for DeFi services (decentralised finance). One of the most attractive aspects of DeFi is the fact it’s fully transparent, preventing issues such as theft, fraud, and hidden fees.
Transparency is one of the key goals of the VeChain platform. By preventing people from selling fraudulent items, it promotes reliable consumerism and fair payments. Although e-commerce transactions are growing year-on-year, buying products or manufacturing parts online can make it difficult to verify their true origins. With solutions such as VeChain, people can buy in confidence knowing they can double-check the authenticity of their goods.
Looking ahead, it’s clear that VeChain will benefit positively from these factors making VET an exceptional short-term investment (one year) or long-term investment (five to 10 years). Here are our VeChain price predictions for 2023 to 2030.
VeChain Price Prediction 2023
Forging further partnerships in 2023, VET will see higher highs once more. Seeing a huge wave of adoption in 2023, Vechain will be taken to new levels. For 2023, VeChain will gain momentum and hit the $0.10 milestone before reaching a top price of $0.12 for the year. Investors can also expect a yearly low of $0.024 and an average price of $0.074, as per our VeChain price prediction. VeChain will then end 2023at $0.089 per VET/USD.
VeChain Price Prediction 2024
Becoming more decentralised in 2024 will give a green light to many old school crypto investors to start buying VeChain. Performing well, the top price prediction VeChain can reach is $0.58 and the lowest is $0.09. A healthy price accumulation to an average of $0.24 by the end of 2024 is expected, as per our VeChain price forecast.
VeChain Price Prediction 2025
With the DeFi sector of the crypto market continuing to grow, it will expand into VeChain by 2025.
In 2025, VeChain is expected to increase 201.94% above VET’s 2021 all-time high of $0.2782 and hit a record $0.84. At the lowest, we calculate VeChain price forecast will be worth $0.19 while the end of year estimate is $0.70. Our VeChain price prediction foresees an average price of $0.67 for 2025.
VeChain Price Prediction 2026
By 2026 VeChain will be the only coin you will know about when it comes to IoT, completely blowing away the competition. After reaching a new all-time high of $1.03 in 2025, VeChain will decline to its end of year price of $0.82. The average prediction is $0.91 and VeChain will not be worth less than $0.59 in 2026, as per our VeChain price prediction forecast.
VeChain Price Prediction 2027
In five years, we will see VeChain innovate new ways to use the VET token in the real world. Forming a level of resistance at $1.15, VeChain will not decline below $0.95 in 2027 as it seeks higher highs. Our VeChain price prediction has targeted a yearly high of $1.35 and an average price of $1.23 for the end of 2027.
VeChain Price Prediction 2028
2028 will be the year crypto regulation will be clarified and this will result in more traditional investors buying up VeChain. VeChain will secure an average of $1.32 in 2028 and appreciate above $1.50 if it does well. 2028 could be the year VeChain hits a grand high of $1.69 but sinking to $1.00 is also possible. At the end of 2028, our VeChain price prediction expects VET to be worth $1.47.
VeChain Price Prediction 2029
By 2029 it is expected that crypto whales and large Wall Street institutions will start to buy up large quantities of VET. VeChain is expected to gather upward momentum and reach an average of $1.68 for 2029 and end the year at an exceptional $1.75. VeChain will hit $1.28 at the lowest and rally to $1.90 at the highest.
VeChain Price Prediction 2030
In 2030 VeChain’s technology will be powering a wide variety of applications and services around the world we can use every day. 2030 will start with VET at $1.76, after which it will rally to a max of $2.12 and can hit a min of $1.60. VeChain will end 2030 at an average of $1.79, according to our VeChain price prediction. If VeChain hits the predicted high, it would have appreciated 2,623% since 2022.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Conclusion: What Could VeChain Be Worth?
Unmistakably we believe that the price of VeChain will go up between 2023 and 2030. While we are positive for the long run, there are still plenty of things that can go wrong.
IoT is an extremely competitive sector of the crypto market. VeChain needs to prove itself to be more efficient than IOTA and IoTeX. While in many ways it already has, it must remain in front of the competition for the long run.
Elsewhere, regulation remains a looming issue that is hard to predict. It could easily boost the crypto market if positive or it could sink the market if negative. VeChain, though, maybe better positioned to mitigate regulatory issues in the future than more well-known coins like Bitcoin (BTC), particularly if they are proof-of-work.
What Will Happen To The Price Of VeChain (VET) In 2023?
Our VeChain price prediction suggests that VET will have a great 2023. While it doubts VET will reach the same 2021 highs, it will outperform previous years hitting the $0.10 barrier and remaining above a low of $0.024.
$0.12 is the highest estimate for VeChain in 2023, an increase of 42% from its price of $0.08441 at the beginning of the year. In later years, a larger increase is detected.
What Will Happen To The Price Of VeChain (VET) In 2025?
Further increases in the price of VeChain are expected in the year 2025. VET will shoot above $0.20, reach levels above $0.80 and close the year at $0.70, according to our VeChain price prediction data.
Yes. By 2025, our VeChain price prediction has indicated that a significant increase will have occurred. Hitting a record price of $0.84, VeChain would have tripled its 2021 all-time high.
Will VeChain (VET) Hit $0.50?
We have calculated that VeChain price can hit $0.50 for the first time by 2024 when it will reach a max of $0.58. By 2026, VeChain’s lows will be above $0.50.
Will VeChain (VET) Reach $1?
Our VeChain price prediction does foresee VET reaching $1. This will happen by 2026 if our forecast is correct. Less than five years later, by 2030, VeChain will even trade above $2.
eToro – Top Cryptocurrency Platform
eToro have proven themselves trustworthy within the Crypto industry over many years – we recommend you try them out.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Other Crypto Price Predictions
- Bitcoin Price Prediction
- Dogecoin Price Prediction
- Ethereum Price Prediction
- Shiba Inu Price Prediction
- Stellar (XLM) Price Prediction
- Litecoin Price Prediction
- Solana Price Prediction
- Ripple Price Prediction
- Uniswap Price Prediction
- Bitcoin Cash Price Prediction
- Tron Price Prediction
