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

Last Updated October 11th 2021
19 Min Read

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 $0.1117 and a market capitalization of $7,181,840,111. Although it’s yet to hit $1, the asset is currently the world’s 27th largest cryptocurrency, having risen up the rankings during 2021’s 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 $0.2782 on the 17th of 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 — 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 — VeChainThor 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.

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 achieved its current ATH of $0.2782. So, what’s next?

According to The Economy Forecast Agency, the outlook appears to be positive. Though the platform does not believe that VET will reach a new ATH before the end of 2021, it does predict that VeChain will increase from its current price.

VeChain Price Predictions for 2021:

Month Open Low-High Close Mo,% Total,%
Oct 2021 $0.10 $0.09-$0.15 $0.12 20.0% 20.0%
Nov 2021 $0.12 $0.09-$0.14 $0.13 8.3% 30.0%
Dec 2021 $0.13 $0.10-$0.13 $0.11 -15.4% 10.0%

 

This price prediction suggests a low level of volatility for the last few months of 2021. You will also notice that while the potential highs are getting lower, the opening prices are increasing, and the lows are getting higher.

The Economy Forecast Agency expects the price of VeChain (VET) to go from a low of $0.09 in October to reach $0.13 in December. At the very highest, VeChain could reach $0.15 in October. It might not be too exciting, but it is positive news.

However, by the end of 2021, The Economy Forecast Agency believes that VeChain will open the month at $0.13, have a low of $0.10, a high of $0.13 and close the month at $0.11. This could be viewed as the beginning of a possible downturn.

The predictions from DigitalCoin are a good deal more bullish than those from The Economy Forecast Agency. DigitalCoin also doesn’t expect VET to retest its ATH by the end of 2021 nor reach $0.2, but its forecast does suggest that VeChain could close the year at $0.1642229032, which is above its current price.

Vechain price prediction chart

While The Economy Forecast Agency predicted a low of $0.11 for the end of 2021, DigitalCoin doesn’t see prices getting any lower than the price they have predicted for the end of the year — $0.1642229032 — a difference of $0.05. Though this difference may seem insignificant at first glance, for VET it is a lot.

It is also worth noting that similarly to The Economy Forecast Agency, DigitalCoin seems to suggest that we will see lower highs towards the end of 2021. DigitalCoin has predicted that we could see a high of $0.1768676838 in October, which will then decline to $0.1667870183 in November and, finally, $0.1642229032 in December. Though this is a gradual decline, it could still be good news for VET as it is higher than its current price of $0.1117.

Trading Beasts’ forecast disagrees with both The Economy Forecast Agency and DigitalCoin, giving us the highest VeChain price prediction for 2021 yet.

According to its predictions, the price of VeChain will continue to grow over the last few months of the year, with higher highs, higher lows, and higher averages. However, it still does not believe VeChain can match its ATH.

VeChain Price Predictions in 2021:

Month Minimum Price Maximum Price Average Price Change
November 2021 $0.1287755 $0.1893757 $0.1515006 27.71%
December 2021 $0.1293509 $0.1902219 $0.1521776 28.28%

 

By the end of 2021, Trading Beasts thinks that VeChain (VET) will have an average price of $0.1521776, a maximum price of $0.1902219, and a minimum price of $0.1293509. Trading Beasts’ maximum price is above DigitalCoin’s prediction of $0.1642229032, and their minimum price is above the price The Economy Forecast Agency has predicted VET will close the year at — $0.11.

So, is VeChain (VET) a good investment in 2021? Short-term VeChain price predictions suggest that VeChain could be a safe investment in 2021. No one 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.

Read Also: Is VeChain (VET) A Good Buy?

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

According to VeChain price predictions for 2021, the price of VeChain (VET) will likely not hit a new ATH before the end of 2021, though the majority of forecasters agree that VET will increase from its current price. Even if the price of VeChain declines towards the end of the year, forecasters believe it will be higher than its current price.

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

Yes, it seems probable that the price of VeChain will go up, but it could trend downwards in the last few months of 2021. Trading Beasts has given the highest price prediction so far of a maximum price of $0.1902219 by the end of 2021.

Additional predictions for the price of VeChain in 2021 include:

  • WalletInvestor: $0.159
  • Cryptocurrency Price Prediction: $0.1719
  • Coin Price Forecast: $0.14
  • Coinskid: $0.1451
  • Price Prediction: $0.13
  • Prime XBT: $0.90

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

So, 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 major market-wide bull run in 2017-18 came to an abrupt and disappointing end before VeChain was launched — so what could we expect to see in 2022-2025?

According to the investment analysis platform Prime XBT, the price of VeChain VET could reach a high of around $0.90 by the end of 2021. Their analysis also suggests that when the current bullish impulse finishes, a bear market could follow and VeChain could return to its current prices. They also mention that the support VeChain has built now in 2021 will have to hold strong in 2022. We can see this represented on their candlestick chart below.

Vechain price prediction chart

Prime XBT concludes that for 2022 and 2023, VeChain could have a potential high of $0.28 and a potential low of $0.10. Elsewhere, DigitalCoin forecasts that the price of VeChain will go up and up. It believes the overall trend will be bullish, taking the price of VeChain (VET) to $0.3360662645 by 2025.

For 2022-2023, DigitalCoin believes VeChain will swing upwards from $0.2037863803 in 2022 to $0.2394606413 in 2023. Prices will continue to rise to $0.5222068829 by 2028, with a minor slowdown in progress expected in 2027, as we can see from the chart below.

Vechain price prediction chart

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

  • 2022: $0.2037863803
  • 2023: $0.2394606413
  • 2024: $0.2976427349
  • 2025: $0.3360662645
  • 2026: $0.4060408791
  • 2027: $0.4331168938
  • 2028: $0.5222068829

 

If these figures are correct, VeChain could be worth just over $0.52 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 managed to increase by $0.20 in just a few months at the beginning of 2021, it’s not impossible, either. 

According to Cryptocurrency Price Prediction, VeChain will reach $1 in the next few years. The platform believes that 1 VET will be worth a staggering $1.1403 by July 2025, rising to $1.2267 before the year is over. Here is what they have predicted for 2022 and 2025:

VeChain Price Predictions in 2022:

January 2022

$0.1918

February 2022

$0.2030

March 2022

$0.2186

April 2022

$0.1624

May 2022

$0.1918

June 2022

$0.2108

July 2022

$0.2497

August 2022

$0.2549

September 2022

$0.2782

October 2022

$0.2972

November 2022

$0.2877

December 2022

$0.3352

 

VeChain Price Predictions in 2025:

January 2025

$0.8466

March 2025

$0.8596

April 2025

$0.8812

May 2025

$0.9848

July 2025

$1.1403

September 2025

$1.0401

October 2025

$1.0194

November 2025

$1.1922

December 2025

$1.2267

 

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 $0.14 in 2022 and approximately $0.40 throughout 2025 to surpass $1. 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.

Cryptocurrency Price Prediction thinks the price of VeChain will be valued at $1.719 in 2021, rising to $0.3352 by the end of 2022, $0.3369 by the end of 2023, and an impressive $1.2267 by the end of 2025. 

The predictions we have seen suggest the overall trend for VeChain is bullish. Although some experts 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.

As a long-term investment, price forecasters appear to suggest that VeChain could perform much better.

Don't Miss: Will VeChain (VET) Make Me Rich?

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 believe VeChain could be worth up to $1.2267 by 2025.

Will the Price of VeChain Go Up in 2025?

Price predictions suggest that VeChain could go up in 2025, although the exact numbers vary between forecasts. While DigitalCoin believes that VeChain could be worth $0.3360662645 in 2025, Cryptocurrency Price Prediction expects it to reach a top value of $1.2267.

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

VeChain Price Predictions 2022:

  • WalletInvestor: $0.272
  • Coin Price Forecast: $0.22
  • Coinskid: $0.2274
  • Price Prediction: $0.21
  • Prime XBT: $0.28
  • The Economy Forecast Agency: $0.24

VeChain Price Predictions 2023:

  • WalletInvestor: $0.399
  • Coin Price Forecast: $0.32
  • Coinskid: $0.3295
  • Price Prediction: $0.31
  • Prime XBT: $0.28
  • The Economy Forecast Agency: $0.3

VeChain Price Predictions 2024:

  • WalletInvestor: $0.535
  • Coin Price Forecast: $0.35
  • Coinskid: $0.3966
  • Price Prediction: $0.46
  • Prime XBT: $3.12
  • The Economy Forecast Agency: $0.39

VeChain Price Predictions 2025:

  • WalletInvestor: $0.671
  • Coin Price Forecast: $0.43
  • Coinskid: $0.5478
  • Price Prediction: $0.67
  • Prime XBT: $3.12
  • The Economy Forecast Agency: $0.30

Trading Education VeChain Price Predictions:

So, now that we’ve seen all of the top price predictions for VeChain over the next few years, let’s piece together this fragmented picture to get a sense of what VET is capable of doing this decade.

Yes, some price predictions are probably far too extreme and other predictions completely leave out the possibility of volatility. But together, all these predictions give us a better idea of what could happen.

VeChain Price Prediction 2021

In 2021, VeChain price predictions tell us that VET could be between $0.14 and $0.17 by the end of the year. The most bullish VeChain price prediction for 2021 estimates a maximum price of $0.90.

VeChain Price Prediction 2022

The top VeChain price predictions for 2022 suggest that $0.20 has likely been surpassed and that VET could be between $0.21 at the lowest and $0.27 at the highest, retesting its current ATH. The most bullish VeChain price prediction for 2022 suggests that VET could be valued at $0.3352.

VeChain Price Prediction 2023

By 2023, VeChain price predictions tell us that VET could surpass $0.30 and might be priced between $0.31 and $0.39. At the very least, some VET predictions assume that VeChain may be at $0.28. It is quite likely that VeChain has forged a new ATH by 2023.

VeChain Price Prediction 2024

VeChain price predictions for 2024 are a lot more inconsistent, with prices as low as $0.35 on one end and highs as much as $3.12 on the other. Realistically, 2024 VeChain price predictions suggest a price between $0.30 and $0.40 and perhaps the possibility of reaching $0.50.

VeChain Price Prediction 2025

VeChain price prediction data for 2025 suggests that $0.67 is the most likely price, though lower prices of $0.54 and $0.43 are also possible. At the most extreme end, it is still possible that VET reaches $3, according to the most bullish 2025 VeChain price predictions.

VeChain Price Prediction 2027

By the time we reach 2027, VeChain price predictions tell us that VET will most likely be valued between $0.42 and $0.47, however, some predictions put the price of VET at $1.45 — a dollar higher.

VeChain Price Prediction 2030

2030 VeChain price predictions are drastically different with the highest suggesting a price of $4.88 and the lowest prediction at $0.59.

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 $0.35 $0.09
2022 $1.22 $0.20
2023 $2.03 $0.72
2024 $3.70 $1.20
2025 $4.90 $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 $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 17th of April, it jumped from $0.088491 to its current ATH of $0.2782. This represents an increase of around $0.19 in 17 days, which might not sound impressive, but is a considerable growth rate considering VET didn’t hit this until it had been on the market for two and a half years.

After the market went through a bullish correction in mid-May and prices continued to drop in June and July 2021, VET reached a low point of $0.056. But this didn’t last long and soon prices picked up again to their current price of $0.1117. Though it is less than half its ATH, it is well beyond the price VET started 2021 at around $0.01909.

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: 3 Cryptocurrencies That Are Shaping The Future Of DeFi

3. The Number of VET Tokens in Circulation

The number of VET tokens has been capped at 86,712,634,466. 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

If you remember anything from VeChain Price Predictions: How Much Will VET Be Worth In 2021 And Beyond? Make it these key points.

  • 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.
  • The Economy Forecast Agency believes that the price of VeChain will close 2021 at $0.11, though it could also hit $0.13 in December.
  • DigitalCoin believes that VeChain could end 2021 at $0.1642229032.
  • Trading Beasts believes that VET’s yearly high will be $0.1902219 which will occur in December 2021.
  • In the long-term, DigitalCoin expects VeChain to do particularly well with prices reaching $0.3360662645 by 2025 and $0.5222068829 by 2028.
  • Cryptocurrency Price Prediction has given the boldest forecast. It believes VET could hit $1.2267 by the end of 2025. 
  • VET’s ATH is $0.2782 which it achieved on the 17th of 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

Still have questions about VeChain price predictions? Perhaps these frequently asked questions will help.

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, forecasts vary hugely, 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 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 $0.30 to $3!

Will VeChain Reach $1?

VeChain could reach $1 as early as July 2025 according to Cryptocurrency Price Prediction.

Will VeChain Reach $10?

For the foreseeable future, VeChain is unlikely to reach $10. The highest price prediction for VeChain suggests a price of $4.88 at the highest by 2030.

Will Amazon Use VeChain?

It is widely believed that Amazon is exploring the possibility of using cryptocurrencies to accept payments on their platform. While nothing specific has been announced for adopting VeChain, consumers can purchase items from Amazon with VeChain through Shopping.io, which also allows them to use VET to buy items from eBay, Walmart and Etsy, as reported by VOI.

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