VeChain Price Predictions: How Much Will VET be Worth in 2021 and Beyond?

Will VeChain go up or crash? Read our VeChain Price Predictions 2021 – 2025

19 Min Read
Last Updated July 23rd 2021

Are you wondering ‘is VeChain a good investment?’ After VET’s first major bull run, the asset has gained attention from crypto investors. But will its bullish trend continue? Keep reading to find out what VeChain could be worth in 2021-2025.

At the time of writing, VeChain (VET) has a price of $0.1926 and a market capitalization of $12,551,207,149.63. Although it’s yet to hit $1, the asset is currently the world’s 13th largest cryptocurrency, having risen up the rankings during the market-wide bull run. 

Its recent price increase has thrown VET into the limelight — after coming to the market in September 2018, VeChain remained at a very low price of under $0.01 until July 2020. After a stagnant two years, it reached an all-time high (ATH) of $0.251823 in April 2021. So, what’s next for this third-generation cryptocurrency? 

If you’ve been wondering ‘is VeChain a good investment?’, read on. In this article, we’ll explain exactly what VeChain is, how it works, and whether the VET token is a worthy addition to your portfolio. We’ve compiled some of the top cryptocurrency price predictions for VeChain in 2021-2025, so you can make an informed decision about this unique utility token. 

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Contents:

 

What is VeChain and How Does it Work?

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 the uncertainty. This platform uses anti-fraud technology to authenticate high-end items, giving confidence both to customers and to manufacturing companies. 

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. 

So, how does it work? VeChain works on the principle that by assigning each item a unique identity, you can use sensors to track the items throughout their lifecycle. By storing the tracking information, it’s possible to see the complete history of the item, from where it was made to where it was most recently sold. This means it’s possible to verify the authenticity of premium products. 

The VeChain ecosystem consists of the blockchain that stores the encrypted tracking information, the mainnet, and its native cryptocurrency. That’s 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 a second native token: VeChainThor Energy (VTHO). This token is known as the ‘gas’ that powers smart contract transactions within the platform and enables people to access the supply chain technology. 

If you’re not a user of the VeChain platform but want to invest in VET, you can do so by purchasing the token on cryptocurrency exchanges. 

Excited by VeChain’s recent growth? Keen to answer the question ‘is VET a good investment’? You’re in the right place. We’ve explored what the experts have to say about the price of VeChain in 2021 and beyond. 

Short-term VeChain (VET) Price Predictions: 2021

VeChain price prediction for 2021

Now that we’ve recapped what VeChain is and how the platform works, let’s dive into the short-time price predictions for 2021. So far this year, the asset has experienced high levels of volatility and experienced its current ATH. So, what’s next?

According to Long Forecast, the outlook is relatively bright. This investment analysis platform believes that the price of VeChain will hit a new ATH of $0.37 in 2021.

VeChain Price Predictions for 2021:

Month Open Low-High Close Mo,% Total,%
Apr 2021 $0.09 $0.09-$0.27 $0.15 66.7% 66.7%
May 2021 $0.15 $0.12-$0.37 $0.13 -13.3% 44.4%
Jun 2021 $0.13 $0.13-$0.16 $0.15 15.4% 66.7%
Jul 2021 $0.15 $0.15-$0.18 $0.17 13.3% 88.9%
Aug 2021 $0.17 $0.17-$0.21 $0.20 17.6% 122%
Sep 2021 $0.20 $0.20-$0.25 $0.23 15.0% 156%
Oct 2021 $0.23 $0.23-$0.29 $0.27 17.4% 200%
Nov 2021 $0.27 $0.23-$0.27 $0.25 -7.4% 178%
Dec 2021 $0.25 $0.24-$0.28 $0.26 4.0% 189%

 

As we can see, we’re unlikely to say goodbye to VeChain’s high levels of volatility just yet. Long Forecast expects the price of VeChain VET to undergo large price swings over the coming months, ranging from $0.09 to $0.27 in April and $0.12 to $0.37 in May. 

Unfortunately, after hitting its new ATH, the asset could slip back down to under $0.2. This table suggests that the asset will be worth just $0.13 by the end of May — a disappointing slump compared to its bullish performance in January-April. But the good news is that its price could start to recover from August onwards. 

By the end of 2021, Long Forecast believes that things will have brightened up for VET. It’s predicted that the VeChain token will be worth a maximum of $0.28 in December.

Almost $0.1 higher than its current price of $0.1926. Although this won’t beat its new potential ATH of $0.37, it’s still higher than its existing ATH of $0.251823. 

Overall, the predictions from Digital Coin Price are remarkably similar to those from Long Forecast. Although the platform doesn’t expect the price of VET to slip below $0.24, its maximum forecasts are consistent with the top prices we saw in the table above. 

Vechain price prediction chart

Unlike the predicted yearly low of $0.13 we saw from Long Forecast, Digital Coin Price believes that VeChain’s yearly low will be $0.246871 in April 2021. Evidently, this prediction is already out of date — VET’s current price is $0.1926, approximately $0.05 lower than Digital Coin Price’s minimum prediction. But although the value may be wrong, the platform has correctly predicted the recent bearish trend, which suggests that the trajectory on the graph (if not the exact numbers) could be accurate. 

If the numbers are reliable, then we could expect to see the price of VeChain reach a yearly high (and new ATH) of $0.3079 in August this year. Over the last six months of 2021, the price will dip back down to $0.2688 — just over $0.01 lower than Long Forecast’s closing prediction. 

Roughly speaking, Trading Beasts also agrees with this forecast.

According to its predictions, the price of VeChain will see slow but steady growth over the course of the year. The platform believes that VET’s yearly high will be $0.348 in 2021.

VeChain Price Predictions in 2021:

Month Minimum Price Maximum Price Average Price Change
May 2021 $0.2275 $0.3346 $0.2677 16.9%
June 2021 $0.2286 $0.3362 $0.2690 17.47%
July 2021 $0.2298 $0.3379 $0.2703 18.07%
August 2021 $0.2311 $0.3399 $0.2719 18.74%
September 2021 $0.2325 $0.3419 $0.2735 19.46%
October 2021 $0.2340 $0.3441 $0.2753 20.22%
November 2021 $0.2356 $0.3465 $0.2772 21.05%
December 2021 $0.2373 $0.3489 $0.2791 21.91%

 

By the end of 2021, Trading Beasts thinks that VeChain VET’s average price will be $0.2791863, which corresponds to the closing predictions we saw from both Long Forecast and Digital Coin Price.

The table above shows modest but reliable month-on-month growth, a welcome alternative to the high levels of volatility that other forecasts expect to see. 

So, is VeChain a good investment in 2021?

The short-term Vechain price predictions suggest Vechain could be a safe investment in 2021. None predicts that VET will close 2021 at a lower price than its current value, which should be a reassuring sign to investors.

The key question now is whether its long-term prospects are as promising as its short-term ones.

What Will Happen to the Price of VeChain (VET) in 2021?

According to the predictions, the price of VeChain is likely to hit a new ATH in 2021. All of the forecasts expect VET to break through the $0.3 barrier before the year is over, although some suggest the price could dip back down after hitting the milestone.

Will the Price of VeChain (VET) Go Up in 2021?

Yes, it seems probable that the price of VeChain will go up — but we could see it slump to around $0.13 before regaining value. 

Additional predictions for the price of VeChain in 2021 include:

  • Wallet Investor: $0.329
  • Previsioni Bitcoin: $0
  • Prime XBT: $0.40

Long-Term VeChain (VET) Price Predictions: 2022-2025

What are crypto experts forecasting for VeChain in 2022 and beyond?

Because VeChain’s price has only recently taken off, many investors are keen to know whether this trend will continue in the long term. The first market-wide bull run in 2017-18 came to an abrupt and disappointing end — so what should we expect to see in 2022-2025? 

According to the investment analysis platform Prime XBT, the price of Vechain VET is likely to reach around $0.4 by the end of 2021. Over the course of 2022, it believes that the cryptocurrency will ‘see some immediate pullback before targeting higher’. We can see this represented by the first two arrows on their candlestick chart below. 

Vechain price prediction chart

This price movement will take VeChain to a new ATH of over $0.4, but the trend, unfortunately, won’t last long. Prime XBT has identified a rising wedge pattern that, once broken, will signal a rapid bear run. It’s predicted that VET will be worth just $0.0767 by the start of 2023, more than $0.1 lower than its current price. 

Digital Coin Price, on the other hand, has concluded that VeChain is a profitable investment based on its forecast. Although it still expects the asset to be shaken by relatively high levels of volatility, it believes the overall trend will be bullish, taking the price of VeChain VET to $0.5232 by 2025. 

As we can see, the platform expects the volatility to become more prominent from 2024 onwards. For 2022-2023, it believes the VeChain asset will experience large price swings (even ranging from $0.44 to $0.30 in January-February 2023) interspersed with long periods of stability. But the price swings become much more frequent as we move towards 2025.

Vechain price prediction chart

If you’re wondering ‘what will VeChain be worth in 2030’, Digital Coin Price’s predictions could give you an idea. For the next seven years, it’s given the following price targets for VeChain.

Digital Coin Price has predicted the following VeChain milestones for the next seven years:

  • 2022: $0.31725 
  • 2023: $0.37279
  • 2024: $0.46337
  • 2025: $0.52318
  • 2026: $0.63212
  • 2027: $0.67427
  • 2028: $0.81297

 

If these figures are correct, VeChain could be worth just over $0.8 by the end of 2028. It might be a bit ambitious to say that 2030 will be the year we can answer the question ‘will VeChain reach $1?’ — but considering the asset has increased by $0.2 in just a few months before, it’s not impossible, either. 

According to Cryptocurrency Price Prediction, VeChain will reach $1. In fact, the platform believes that 1 VET will be worth a staggering $1.8970 by January 2022, rising to $3.7277 before the year is over. 

VeChain Price Predictions in 2022:

January 2022

$1.8978

February 2022

$2.2197

March 2022

$2.0672

April 2022

$2.5755

May 2022

$2.7619

June 2022

$3.0839

July 2022

$2.4569

August 2022

$2.9314

September 2022

$3.4736

October 2022

$3.1008

November 2022

$3.3041

December 2022

$3.612

 

VeChain Price Predictions in 2025:

January 2025

$7.6419

March 2025

$6.9810

May 2025

$7.4894

July 2025

$6.6252

September 2025

$7.6757

October 2025

$7.9299

December 2025

$8.3366

 

This is by far the most optimistic prediction we’ve seen. Cryptocurrency Price Prediction has cited factors such as VeChain’s partnership with BMW and Walmart China, believing that the network’s strong retail partnerships will secure its future in the long term. 

These predictions suggest that VeChain could gain more than $1 over the course of 2022, and approximately $7 over the course of 2025. This would be an unprecedented growth rate — even VET’s impressive performance at the start of 2021 didn’t come close to this. However, as cryptocurrency becomes ever-more integrated into our society, we could see the demand for services such as VeChain start to skyrocket in the coming years. 

In fact, the platform thinks the price of VeChain will be valued at $1.72 in 2021, rising to $3.6 by the end of 2022, $5.2 by the end of 2023, $6.2 in 2024, and an impressive $8.32 by the end of 2025. 

The good news is these predictions suggest the overall trend for VeChain is bullish. Although experts apparently expect the rate of progress to be relatively slow after 2025, they don’t think that VeChain’s recent growth is a short-lived fluke. 

However, as a long-term investment, it projects that VeChain could perform much better. According to its predictions, the value of the Vechain VET coin could rise to $1.9 by the very end of 2021, rising to $3.6 in 2022, and achieving a mean price of $7.5 by 2025.

What Will Happen to the Price of VeChain (VET) in 2025?

According to the predictions, it seems likely that the price of Vechain could potentially hit a new ATH within the next five years. Experts believes VeChain could be worth $7.7 by 2025. 

Will the Price of VeChain Go Up in 2025?

The predictions suggest that the price of VeChain could go up in 2025, although the exact numbers vary between forecasts. While Digital Coin Price believes that VeChain could be worth $0.52318 in 2025, Cryptocurrency Price Prediction expects it to reach a top value of $8.3366.

Additional predictions for the price of VeChain in 2022-2025 include: 

VeChain Price Predictions 2022:

  • Trading Beasts: $0.3899346
  • Wallet Investor: $0.469
  • Long Forecast: $0.4
  • Coin Price Forecast: $2.36

VeChain Price Predictions 2023:

  • Coin Price Forecast: $4.16
  • Trading Beasts: $0.4445373
  • Wallet Investor: $0.21
  • Long Forecast: $0.45

VeChain Price Predictions 2024:

  • Coin Price Forecast: $5.51
  • Trading Beasts: $0.5028067
  • Wallet Investor: $0.782
  • Long Forecast: $0.34

VeChain Price Predictions 2025:

  • Coin Price Forecast: $5.20
  • Wallet Investor: $0.947
  • Long Forecast: $0.60
  • Blockalive: $0.2

Conclusion: VeChain VET Price Prediction Forecast

The below prediction figures outline some of the high and low of VeChain VET price prediction forecasts in 2021, 2022, 2023, 2024 and 2025 offered by technical analysts and industry experts.

Year High Low
2021 $1.81 $0.10
2022 $2.22 $0.50
2023 $3.53 $0.92
2024 $5.70 $1.20
2025 $8.90 $1.93

 

Would you consider buying VET?

How Has the Price of VeChain (VET) Changed Over Time?

As we mentioned earlier, the price of VeChain remained relatively static for its first few years on the market. Although it initially started trading at a price of $0.014717, its value quickly fell below $0.01 and continued to fluctuate between $0.003 and $0.008 until July 2020. 

We can see this by looking at the price chart below, which comes from CoinMarketCap: 

Vechain price chart

Between July and December 2020, the price of VeChain remained above $0.01 (and even briefly surpassed $0.02 in August) — but it wasn’t until January 2021 that its bull run gained real momentum. By mid-March, the asset was worth $0.08. Between the 1st and 21st of April, it jumped from $0.088491 to its ATH of $0.251823 . This represents an increase of around $0.16 in 20 days, which might not sound impressive, but is a considerable growth rate considering VET didn’t hit a value of $0.16 until it had been on the market for two and a half years. 

Read Also: The Best 7 Cryptocurrencies To Buy

What Factors Can Affect the Price of VeChain (VET)? 

1. VeChain Retail Partnerships

One key factor that could affect the price of VET is the platform’s range of retail partnerships. To date, 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. 

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, its website states that 2021 will be focused on ‘VeChain Ecosystem Expansion’. 

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 closely 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. 

2. The Rise of DeFi

VeChain is a semi-decentralized platform. Although it’s not fully decentralized, it’s still likely to cash in on the growing demand for DeFi services (decentralized 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. 

Read More: Decentralized Finance - What is DeFi in Cryptocurrency?

3. The Number of VET Tokens in Circulation

The number of VET tokens has been capped at 86.7 billion. By September 2019, just one year after the asset came to the market, there were 55.5 billion tokens in circulation. 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. 

Key Points

  • At the time of writing, VeChain (VET) has a price of $0.1926 and a market capitalization of $12,551,207,149.63. This makes it the world’s 13th largest cryptocurrency. 
  • VeChain is a semi-decentralized blockchain platform that uses anti-fraud technology to authenticate high-end items, giving confidence both to customers and to manufacturing companies. 
  • VeChain was founded in 2015 by Sunny Lu, who was previously the Chief Information Officer (CIO) at Louis Vuitton China.
  • VET is the platform’s utility token, used to power transactions within the VeChain ecosystem.
  • Long Forecast believes that the price of VeChain will hit a new ATH of $0.37 in May 2021, before closing the year at a value of $0.28. 
  • Digital Coin Price believes that VeChain’s yearly low will be $0.246871 in April 2021, before hitting $0.268458 in December. 
  • Trading Beasts believes that VET’s yearly high will be $0.3489828, but unlike Long Forecast and Digital Coin Price, it expects this to occur in December 2021 (rather than in early-mid 2021). 
  • According to Prime XBT, the price of VET is likely to reach around $0.4 by the end of 2021 by fall to $0.07 by the start of 2023.
  • Although Digital Coin Price expects the asset to be shaken by relatively high levels of volatility, it believes the overall trend will be bullish, taking the price of VET to $0.52318963 by 2025. 
  • Cryptocurrency Price Prediction has given the boldest forecast. It believes VET could hit $1 before the end of 2021 and will reach $8.3366 by December 2025. 
  • VET’s ATH was $0.251823 in April 2021.
  • Factors that can affect the price of VeChain include the strength of its retail partnerships, the rise of DeFi, and the number of VET tokens in circulation. 

We hope that you’ve found this article about the top VeChain price predictions helpful. After a slow start in 2018-20, this asset has shot to our attention thanks to its recent bull run and unique technology. Could VET be a smart addition to your portfolio? 

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VeChain Price Prediction FAQs

Is VeChain a good investment?

The majority of predictions suggest that the price of VeChain will increase, which could mean it’s a good investment. However, the forecasts are hugely variable and the asset hasn’t been on the market long, so make sure to keep monitoring its price and carry out your own due diligence. 

Does VeChain have a future?

It seems probable that the VeChain platform has a future. With an impressive range of institutional investors and business partners, it’s clearly caught the attention of corporate clients, and the VeChain Foundation plans to expand its ecosystem in 2021. 

What will VeChain be worth in 2025?

In 2025, VeChain could be worth anything from $2 to $8! 

Will VeChain reach $10?

Some analysts have agreed that $10 is a realistic target for VeChain. Current predictions are almost unanimous in claiming that VET is likely to hit $12 by 2030.

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