What Will VeChain (VET) Be Worth In 2030?

Last Updated February 2nd 2022
6 Min Read

VeChain Price Prediction Forecast In 2030

Coin Price Forecast had indicated that VeChain might reach $10 by 2030. It has, however, adjusted these figures downwards and now indicates that by the end of December 2030, VeChain will be trading around $0.26.

PricePredictionNet is confident that VeChain token prices will continue rising and that it could be trading between $3.81 and $4.44 in 2030.

If you have been following crypto news, you must have noticed that VeChain has been receiving a lot of attention, and most experts expect its price to continue rising for the next few years. From investors to crypto analysts, everyone is convinced that VeChain will be worth way more in 2030 than it is today, with some expecting it to soar above $10.

The coin only started drawing serious investor interest earlier in the year when its price shot by more than 1400% in the first three months of 2021. Since then, it has done everything to prove that it is ready for a breakout, including 99%+ yearly, surviving the mid-May crypto market crash, and sustaining an uptrend in the last quarter of 2021 (in the midst of an unstable crypto market environment).

Simply put, VeChain has been showing its resilience throughout the year. The fact that this stellar performance was preceded by two years of depressing price action also says that the coin is currently out of incubation. Then two then lead investors and crypto experts to believe that VeChain is only laying the ground for a major lift-off.

But when will this come around, and how high can it get before 2030? What are the chances that VET gets to $10 in the next ten years?

Let us answer this by looking at different VeChain price predictions and expert opinions.  

VeChain (VET) Price Prediction For 2030

No one can pinpoint with utmost accuracy how much VeChain will be worth by the turn of the decade. However, all indicators - fundamental, technical, and sentimental - bespeak the fact that VeChain’s value will continue rising for the next few years.

Taking into account the fact that VeChain has only started reporting significant price action and investor interest, its untamed volatility, and unpredictable crypto market performance, most experts do not provide long term VET token price predictions.

Instead, they provide us with some of the factors that they believe will shape VeChain’s price direction as we head into 2030 and break down the impact that each of these will have on VET token’s future price action.

These include:

  • Developments within the VeChain blockchain
  • FOMO
  • Partnerships and adoption
  • Crypto market performance

Let us go over these price drivers briefly and try to assess the impact each will have in influencing VeChain’s price direction as we head into 2030.

Developments on the VeChain blockchain

There currently are two kinds of development activities taking place on the VeChain blockchain. The first is championed by the VeChain development team and aimed at making the network more efficient and drawing in more partners. Second is partner-championed developer activity as different brands commission the creation of blockchain-based programs to help them streamline their off-chain businesses.

Both are aimed at drawing in users to the VeChain ecosystem. And as more people start interacting with the VeChain programs, including DeFi apps and eNFTs hosted here, they will spur the demand for VET tokens which ultimately leads to value gain. Therefore, if more brands collaborate with VeChain and build programs on its network, and if the blockchain continues improving its ecosystem, we will most likely witness a progressive value gain for the VET tokens.

Fear of missing out (FOMO)

We have already mentioned that VeChain’s value has appreciated by more than 99% in a year. The altcoin has also been listed on more exchanges, and its daily trading volumes have shot from an average of $100 Million a year ago to more than $600 Million in October 2021. This says that it is more liquid and makes it appealing to investors.

If it were to reach $10 by 2030, VeChain’s value would need to rise by more than 17,700%, and all these factors endear it to both short and long term traders who don’t want to miss its next big price move. If it sustains an uptrend moving forward, therefore, you will most likely witness the pouring in of investors. They will be rushing to buy VET and avoid being left out of the next price rally, which in turn pushes the VET token prices further up.

Crypto market performance

VeChain’s price direction and the crypto market performance are intertwined. Every time the market has been stable or rallying, VeChain token prices have assumed an uptrend. Similarly, every time the market has been in disarray or on a downtrend, VeChain token prices have taken a significant hit.

Between now and 2030, we can expect two mega crypto market-wide bull runs - one in 2025 after the 2024 Bitcoin halving event and another one in 2029 after the 2028 Bitcoin halving event. All these are expected to result in momentous value gains for VET tokens and could easily take it above $10 if the market doesn’t suffer steep downtrends in between.

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

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What Are Experts Saying About VeChain (VET) In 2030?

Tom Holland, a crypto analyst and Chief Marketing Officer for CoinMonks, is confident that VeChain token prices will continue rising. He is convinced that the altcoin will sustain its current uptrend and says that “in terms of long-term VeChain price predictions … we could be seeing VeChain close to a dollar or even pass the dollar.”

The CryptocurencyPricePrediction website is even more optimistic, and their VeChain technical analysis report indicates that the altcoin may reach $2.38 in early 2030 before ending the year trading at $3.13.

The most optimistic VeChain price prediction is provided by crypto experts at CoinQuora, who are confident that the coin will have broken above $10 by the end of 2025. Though they do not provide a longer-term VET price forecast, this analysis suggests that VeChain will probably double this value to reach $20 by 2030.

When Will VeChain (VET) Reach $10?

Well, while there is a lot of optimism about VeChain maintaining an uptrend for the next few years, not so many investors and analysts are confident that it will get to $10 before 2030. This isn’t to say that it doesn’t have what it takes to get here, experts just don’t feel like VeChain has enough army of users or traders behind VeChain to help push its value up by more than 17,000% in the next eight years.

Some of the factors that they believe will limit further uptrend of the coin include possible poor reception of its blockchain technology by the business world, the possible emergence of more innovative competing blockchains, a poorly performing crypto market, and possible poor uptake of its DeFi and eNFT niches.

Simply put, VeChain will likely reach $10 before 2030 if it is hugely adopted by the business world and the crypto market posts stellar performance for the next 10 years. If, on the other hand, the adoption of the VeChain blockchain technology is poor or the crypto market faces difficulties maintaining a solid uptrend, VET tokens will probably not get close to $10 in this decade.

Conclusion: What Will VeChain (VET) Be Worth In 2030?

The general feeling within the crypto market is that VeChain will be worth much more in 2030 than it is today, and most estimates place its value at the turn of the decade between $0.4 and $20. How high up VET token prices will, nevertheless, be largely dependent on such factors the overall crypto market performance and the adoption of the VeChain blockchain technology by the business world.

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