What will VeChain be worth in 2025? More importantly, should you hold VeChain until 2025?
The truth is no one can tell with utmost accuracy what VeChain will be worth in the next few years, but some of the most reputable price forecasts have placed its value in 2025 between $1 and $10. We, however, expect its value to be slightly higher or lower than these predictions when we factor in the many variables affecting the VET token’s price action.
This optimism is rooted in VeChain’s performance in the last twelve months. During which time it transformed from a little known crypto project to the 38th most valuable crypto asset, according to data from CoinMarketCap. Further, its value has appreciated by more than 99% in a year.
But perhaps more importantly, experts are convinced of VeChain’s potential after witnessing its resilience, seeing that after losing more than 80% of its peak price due to the mid-May crypto market crash, VET has pulled itself from this dip went on an uptrend in the last quarter of 2021. Several crypto analysts have gone ahead to argue that if VeChain carries on with this uptrend, it may set a new all-time high before year-end or in early 2023.
In this guide, we will be looking at how high up or low VeChain’s price can reach by 2025 through the eyes of different crypto experts and reputable technical analysis sites.
VeChain (VET) Price Predictions For 2025
The majority of crypto experts and investors are confident that VeChain will extend the stellar performance it has posted in the last nine months into next year and beyond. They are convinced that the prevailing market conditions, ongoing developments within the VeChain blockchain network, and more partnerships with leading brands in the supply chain industry will help further its value gain for the next few years.
They, however, differ significantly when it comes to the rate at which they expect VET token prices to grow for the next few years. The conservatives expect it to only add a few cents while the more optimistic ones believe it could rise above $10.
Crypto analysts at PrimeXBT, for instance, are hugely optimistic of VeChain’s future price action and expect it to sustain the current slow but progressive uptrend for the next few years. Their technical analysis of the altcoin indicates that it is following a parabolic curve that could see it break above $0.90 by the end of the year.
Between 2022 and 2023, however, these analysts argue that VeChain may enter into consolidation mode. This will then be followed by a swift recovery that may see VET token prices top $3.12 by the end of 2025. These analysts emphasize that the coin’s future is largely dependent on its adoption within the supply chain industry. They argue that if successfully accepted and adopted, the sky will be the limit for VeChain token prices, otherwise, they reckon that its value “could crash to nearly zero.”
In May 2021, right after VeChain set the current all-time high price of $0.278, technical analysis by CoinPriceForecast indicated that the coin would break parity with the dollar before the end of 2021. It also suggested that the coin might reach $2.61 by the end of 2022, rise above $6 in the 5 years that followed, and that potentially break above $10 by 2032. These all have changed, and Coin Price Forecast has some rather gloomy predictions about VET tokens future price action.
Their updated analysis report suggests that the altcoin will end the year, trading around $0.08. It also indicates that VeChain will only reach $0.11 in 2023 and that it can go as high as $0.18 in 2025. According to this adjusted technical analysis report, VeChain will not come close to breaking above $1, as it can only reach $0.27 by the end of 2033.
But analysts from CoinQuora differ with the above analysis and provide us with the most optimistic view of VeChain’s expected future performance.
This analysis indicates that VET will possibly break above $1 in early 2022 before rising as high as $2.5 by the end of that year. By the end of 2025, crypto experts at Coin Quora argue that VET could race up to $10. They attribute much of this price growth to continued developments within the VeChain ecosystem and a stable crypto market, as well as further adoption of the VeChain blockchain technology.
Read Also: Why Is VeChain (VET) So Cheap Right Now?
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Will VeChain (VET) Hit $1 In 2022?
Well, VeChain has the backing of astronomically disruptive blockchain technology, which has the potential of getting its token value above $1 before the end of the year. However, in light of the prevailing conditions, especially the shaky crypto market and low adoption of this VeChain network, it is highly unlikely that VET token prices will get anywhere near $1 in the next months.
Not even the most optimistic technical analysts and crypto experts believe that VeChain can reach parity with the dollar by the end of the year. And it is easy to see why.
To get to $1, for instance, VeChain - which is currently trading around $0.056 will need to grow its current value by about 1,600% by the end of the year. And to understand why it will be unlikely for VET to get to $1, we compare these last three months of 2021 to its first three. In those 90 days, the coin only managed to grow its value by around 500% despite the fact that it was at the height of the early 2021 crypto market rally.
Today, the rally has died down, and the crypto market is rather shaky. And even though VeChain is more popular with investors than it was at the beginning of the year, the number of partnerships scored by the blockchain in the past year have also dwindled. All these go to show that it will be hard for the altcoin’s price to increase to $1 by the end of the year.
Most experts feel that there isn’t enough buying force behind VET tokens to help push their price above $1 before the end of the year. And they too attribute this to the unstable crypto market condition and poor adoption of VeChain blockchain within the supply chain industry.
That said, however, we appreciate the fact that the crypto industry operates under a different set of rules and understand that with the right catalyst - be it a major partnership or an unexpected bull market - nothing stands in the way of VeChain’s parity with the dollar before the end of the year.
Should I Hold VeChain (VET) Until 2025?
This is like asking if VeChain is a good long-term investment, and the answer is, Yes. Even though some of the price predictions we have cited are rather a gloom, you will note that they all expect VeChain’s price to sustain an uptrend for the next few years. This makes it a good investment and says that you should consider holding the token until 2025.
Between now and 2025, crypto analysts expect VeChain to enter into more partnerships with a significant positive impact on the token’s price. They are also confident that the crypto market will probably rally in 2022 and almost definitely after the 2024 Bitcoin halving event. These two factors have historically elevated VET token prices, and the next three years won’t be an exception.
Therefore, it is highly probable that you will earn handsomely from a VeChain investment if you decide to buy the tokens today.
Check Out: Will VeChain (VET) Make Me Rich?
Conclusion: What Will VeChain (VET) Be Worth In 2025?
The majority of crypto industry experts, analysts, and investors are confident that VeChain token prices will continue rising and that it will be worth way more in 2025 than it is today. Conservative estimates place VET prices by the end of 2025 at around $0.41, while the more optimistic analysts believe that it will have topped $10.
But how high or low VeChain prices get in the next four years comes down to the crypto market performance and the adoption of the VeChain blockchain. If its revolutionary technology and upcoming developments within the network continue drawing more partners and the crypto market stabilizes or breaks into a rally, VeChain token prices will soar. But if its blockchain is shunned by the supply chain industry and the crypto market continues with the shaky performance, the altcoin will struggle to maintain an uptrend.
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