In this guide, we will express our and the market’s views on the future of VET as we discuss Vechain’s price forecasts for 2023 and beyond.
Keep in mind that you should take this and any other forecast with a grain of salt as predicting anything is a thankless task, let alone predicting the future of a new highly volatile financial asset like IFP.
Now, let’s get into it.
Before delving into Vechain’s price prediction and answering questions about whether Vechain is a good investment or not, why VET will succeed or fail, or why VET prices will rise or fall, let’s quickly take a look at what Vechain is and its history to date.
VeChain is an Asian-based project that is expanding its IoT and supply chain focused platform through the creation of the VeChain Thor network.
VeChain Thor’s goal is to be an enterprise-oriented blockchain ecosystem focused on governance and ease of use. The project plans to operate a native blockchain that will allow companies to easily use various smart contract applications. VeChain mainly focuses on exchanging and storing data through blockchain and has run live applications in the supply chain space.
Vechain Price Prediction
The entire cryptocurrency world is on the verge of complete collapse. Bitcoin fell 75% from its all-time high amid broader market declines caused by furious inflation and the US Fed’s rate hikes.
When you add the most recent collapses of huge industry players (FTX, Celsius, Moon etc.) into the equation, the horizon is murky and there will be more blood on the streets of the crypto city.
Investors are selling risky assets and moving to more stable markets. Crypto is still perceived as a very risky game and therefore sell off.
Our algo still sees some green in 2023, especially in the second half of the year. This is reflected in our forecast for 2023.
Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend.
Once Bitcoin settles into the new price range, altcoins will start doing the same – we’ve seen this scenario dozens of times in distant and more recent history.
Our price forecasting model is bearish for the next 90 days with a hint of a bull market straddling quarters from Q1 to Q2. We expect whales and other larger players in the market to finish filling their bags around that time, which will cause a typical and sudden crypto spike.
The fundamentals we evaluate are teams, tokenomics, use case, community, marketing efforts, liquidity and availability of exchange, hype and speculative potential, and some other proprietary factors developed in our crypto lab.
VeChain Price Prediction 2023
High inflation and the extremely dangerous macroeconomic situation have been heavily reflected in the price of Bitcoin in 2022. When we take the internal crypto issues with big players like FTX, Celsius, Voyager, Luna going down, 2023 doesn’t look too good for bulls. We’ll likely see a lot of boring sideways price action with a tendency to slide down with each minor market tremor.
VET Price Forecast 2025
Our forecast model sees VET reaching $0.0504 in 2025.
How much will VET be worth in 5 years?
The price of VET in 5 years could be around $ 0.0374
VeChain Price Prediction 2030 – 2040
How much will VeChain be worth in 2030?
Our forecast model sees VeChain reaching $0.1261 in 2030.
How much will VeChain be worth in 2040?
Our forecasting model sees VeChain reaching $0.2522 in 2040.
Will VeChain replace/surpass/surpass Bitcoin?
No, VeChain will not replace or exceed BTC.
Can VeChain reach $10?
No, our forecasting model sees no chance for VeChain to reach $10 in the short or medium term.
Can VeChain reach $100?
No, our forecasting model sees no chance for VeChain to reach $100 in the short or medium term.
Is it worth buying VeChain?
We are supporters of moderately risky investments: invest most of your cryptocurrency portfolio in BTC (50%); 35% in a basket of large-cap coins and the rest in small projects with huge increases. So, in this context, it is worth buying VeChain.
Is VeChain a good investment?
VeChain is, just like all other cryptocurrencies, a risky investment. It is more likely to go up than down because of the good use case, well-designed tokenomics, active community, and a strong team behind it.
How much will VeChain be worth?
For the short-term future, it could reach $0.0127. In the long term (8-10 years), it could jump to $0.1261 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’s why our forecasting model sees VeChain rise to $0.1261 in 2030.
Why will VeChain go bankrupt and go down in price?
Cryptographic projects fail for various reasons. Some of the most common are: the 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 a well-designed marketing strategy, loss of community support, potential vulnerability in the protocol, failure to achieve the minimum development activity foreseen on the protocol, inability to attract new developers to build on their platform.
Can VeChain reach $1?
Yes, it is possible that VeChain could reach $ 1 but only in the distant future, after 2030.
How high will VeChain go?
Our prediction model sees the price of VeChain explode and reach $0.2522 in the distant future.
What is the short-term forecast for VeChain?
VeChain will reach $0.0127 over the next 90 days, which is a 39.4% change from the current price which hovers around $0.0210.
Can VeChain make you a millionaire?
Yes, if you buy a large enough sum. Don’t 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 $0.0211 tomorrow.
VeChain forecast: long-term
Finally, we look up a little further and give a long-term perspective and a forecast of Vechain prices.