When we think of the top China cryptocurrency narrative, VET is likely to be among the top 3 coins. In the bull run, VET is expected to perform well, much like any other cryptocurrency. But is VET a good cryptocurrency to hold and sleep peacefully, or is it a pump-and-dump token?

We will discuss more about VeChain, its token VET, and price predictions for this year, next year, and up to 2030. We will also share our opinion on what we think about this Chinese token. So, let’s go ahead.

What is Vechain?

VeChain (VET) is an enterprise-grade L1 smart contract platform known for its versatility and innovative solutions. Originating as a private consortium chain in 2015, VeChain transitioned to a public blockchain in 2017 with the ERC-20 token VEN, eventually launching its own mainnet in 2018 under the ticker VET. The platform utilizes distributed governance and Internet of Things (IoT) technologies to address data challenges in various industries, including medical, energy, food & beverage, sustainability, and SDG goals.

By facilitating trustless data sharing among multiple participants, VeChain aims to serve as the digital backbone for the fourth industrial revolution. It operates using two tokens, VET and VTHO, which manage value creation on the VeChainThor public blockchain. Through enhanced efficiency, traceability, and transparency, VeChain has demonstrated its capability to revolutionize data management and supply chain processes, notably in initiatives targeting UN SDGs such as those in San Marino.

Vechain price prediction

How does Vechain Work?

VeChain operates on the VeChainThor blockchain, employing a Proof of Authority consensus mechanism. It utilizes two tokens, VET and VTHO, with VET serving as the native cryptocurrency and VTHO used for transaction fees.

Integrated with IoT devices, VeChain enables real-world data tracking and tracing, enhancing transparency and authenticity verification in supply chains. Smart contracts automate transactions, while distributed governance involves stakeholders in network decision-making.

This combination facilitates efficient, transparent, and secure data management across industries.

About Vechain Foundation

The VeChain Foundation, established in Singapore in July 2017, drives the development of the VeChain network. It spearheads technological research, network construction, and business partnerships.

Encouraging collaborations with enterprises, it promotes blockchain applications like payment services, smart contracts, and supply chain management innovations. Through strategic partnerships and technological advancements, VeChain aims to revolutionize supply chain management.

Vechain Team

Sunny Lu, CEO of the VeChain Foundation, is a prominent figure in the blockchain industry, known for his prior involvement in Qtum, a significant digital asset, and his leadership at Louis Vuitton China.

The VeChain team comprises over 90 employees, primarily developers, with Chief Technology Officer Gu Jianliang bringing over 18 years of experience and numerous patents in mobile devices and IoT technology.

Kevin Feng, VeChain’s Chief Operations Officer, boasts 12 years of experience with PWC, a key partner, where he served as a consultant and assurance advisor on various technology projects.

About Vechain (VET) Token

Token Name VET
Price (as of March 14 2024) $0.04916
Market Cap $3,589,561,285
Fully Diluted Valuation $4,244,662,391
Circulating Supply 72,714,516,834
Total Supply 85,985,041,177
Max Supply 86,712,634,466

How to buy VET Token?

VET tokens are available for trading on several centralized cryptocurrency exchanges. XT.COM is recognized as one of the primary platforms for buying and trading VeChain. Other popular options include Binance and CITEX.

Vechain (VET) Token Price Prediction 2024, 2025 to 2030

VET price chart

VET Token Price Prediction 2024

When Maximum Price Minimum Price
March 2024 $0.069 $0.057
April 2024 $0.057 $0.048
May 2024 $0.048 $0.040
June 2024 $0.053 $0.044
July 2024 $0.063 $0.053
August 2024 $0.082 $0.068
September 2024 $0.083 $0.069
October 2024 $0.090 $0.075
November 2024 $0.095 $0.079
December 2024 $0.091 $0.076

In 2024, VET, a well-regarded cryptocurrency, is set to experience various price changes each month, painting a complex picture of the market’s ups and downs. March looks promising for VET, with its price possibly peaking at $0.069 and not dropping below $0.057.

April might see a slight downturn, with the top price falling to $0.057 and the bottom to $0.048, indicating a period of market adjustment. By the end of the year, in December, VET could reach new heights with a potential high of $0.091 and a low of $0.076, reflecting the year’s fluctuating market trends and investor interest.

Here’s a simpler breakdown of VET’s price prediction for 2024:

  • In March, expect a high of $0.069 and a low of $0.057.
  • April might cool off a bit, with a high of $0.057 and a low of $0.048.
  • May continues the trend with prices possibly dipping to a high of $0.048 and a low of $0.040.
  • By June, a slight recovery could occur, reaching a high of $0.053 and a low of $0.044.
  • July sees further improvement, with a high of $0.063 and a low of $0.053.
  • In August, there’s a significant jump, with prices potentially reaching a high of $0.082 and a low of $0.068.
  • September’s prices are close to August’s, with a high of $0.083 and a low of $0.069.
  • October could see prices nearly touching the year’s peak at $0.090 high and $0.075 low.
  • November might outdo October slightly, with a high of $0.095 and a low of $0.079.
  • Finally, December rounds off the year with a high of $0.091 and a low of $0.076, showcasing the dynamic shifts in the market throughout 2024.

VET Token Price Prediction 2025

When Maximum Price Minimum Price
January 2025 $0.109 $0.088
February 2025 $0.115 $0.082
March 2025 $0.127 $0.102
April 2025 $0.067 $0.048
May 2025 $0.073 $0.058
June 2025 $0.086 $0.062
July 2025 $0.085 $0.068
August 2025 $0.093 $0.067
September 2025 $0.093 $0.075
October 2025 $0.103 $0.074
November 2025 $0.106 $0.085
December 2025 $0.108 $0.077

Throughout 2025, VET is anticipated to undergo various price movements, reflecting the evolving dynamics of the market. Starting in January, VET is expected to reach a peak of $0.109, while maintaining a floor around $0.088.

Moving into February, prices may see a slight uptick, with the maximum price forecasted to rise to $0.115 and the minimum price to settle around $0.082. As the year progresses, VET may experience fluctuations, culminating in December with a maximum price projection of $0.108 and a minimum price stabilization at $0.077.

VET Token Price Prediction 2026

When Maximum Price Minimum Price
January 2026 $0.162 $0.130
February 2026 $0.210 $0.150
March 2026 $0.191 $0.154
April 2026 $0.286 $0.204
May 2026 $0.212 $0.171
June 2026 $0.163 $0.116
July 2026 $0.148 $0.119
August 2026 $0.115 $0.082
September 2026 $0.144 $0.116
October 2026 $0.179 $0.128
November 2026 $0.197 $0.159
December 2026 $0.221 $0.158

VET Token Price Prediction 2027

When Maximum Price Minimum Price
January 2027 $0.354 $0.285
February 2027 $0.283 $0.202
March 2027 $0.218 $0.176
April 2027 $0.185 $0.132
May 2027 $0.155 $0.125
June 2027 $0.167 $0.119
July 2027 $0.134 $0.108
August 2027 $0.104 $0.074
September 2027 $0.130 $0.104
October 2027 $0.162 $0.116
November 2027 $0.178 $0.144
December 2027 $0.200 $0.143

VET Token Price Prediction 2028, 2029 t0 2030

When Maximum Price Minimum Price
January 2028 $0.239 $0.193
February 2028 $0.192 $0.137
March 2028 $0.174 $0.140
April 2028 $0.148 $0.106
May 2028 $0.124 $0.100
June 2028 $0.113 $0.081
July 2028 $0.141 $0.114
August 2028 $0.182 $0.130
September 2028 $0.228 $0.184
October 2028 $0.285 $0.203
November 2028 $0.313 $0.253
December 2028 $0.351 $0.251
January 2029 $0.242 $0.195
February 2029 $0.285 $0.203
March 2029 $0.356 $0.287
April 2029 $0.424 $0.303
May 2029 $0.461 $0.371
June 2029 $0.553 $0.395
July 2029 $0.526 $0.425
August 2029 $0.439 $0.313
September 2029 $0.548 $0.442
October 2029 $0.685 $0.490
November 2029 $0.754 $0.608
December 2029 $0.844 $0.603
January 2030 $0.822 $0.663
February 2030 $0.987 $0.705
March 2030 $0.940 $0.758
April 2030 $0.783 $0.560
May 2030 $0.979 $0.790
June 2030 $1.224 $0.874
July 2030 $1.346 $1.086
August 2030 $1.508 $1.077
September 2030 $1.469 $1.184
October 2030 $1.762 $1.259
November 2030 $1.679 $1.354
December 2030 $1.399 $0.999

Throughout 2028, VET is forecasted to experience fluctuations. The year begins with January seeing a maximum price of $0.239 and a minimum of $0.193. However, as the months progress, fluctuations continue, with December showing a potential peak at $0.351 and a low of $0.251.

Moving into 2029, a trend of growth emerges. January starts with a modest high of $0.242 and a low of $0.195. By December, VET is predicted to reach its highest point yet at $0.844, with a low of $0.603.

In 2030, VET’s upward trajectory persists. January begins with a promising high of $0.822 and a low of $0.663. By December, VET’s price may reach $1.399 at its peak, with a low of $0.999.

FAQS

What is the Price Prediction of VET Token for 2o25?

VET token’s highest anticipated price for 2025 is forecasted to reach $0.127 in March 2025. On the other hand, the projections suggest a minimum expected price of $0.048, slated for April.

What is the Price Prediction of VET Token for 2o30?

The VET token forecast for 2030 indicates an expected peak price of $1.762 in October, with a projected minimum of $0.560 in April.

Who is the CEO of Vechain?

Sunny Lu is the CEO of Vechain.

What is the market cap of VeChain (VET)?

VeChain (VET) currently boasts a market capitalization of $3,589,561,285, positioning it at the 36th rank.

Also Read

Can VET token reach 1USD?

As per our prediction, the VET token is expected to reach 1USD around June 2030.

Should you invest in VeChain in 2024?

Investing in VeChain (VET) in 2024 can be a strategic decision contingent upon various factors. As with any investment, it’s crucial to conduct thorough research on VeChain’s technology, market position, and future prospects. Consider the potential for VeChain to solve real-world problems in industries like supply chain management and its partnerships with prominent enterprises.

Additionally, assess the cryptocurrency market conditions, including volatility and regulatory developments. Ultimately, consult with financial advisors and weigh the potential risks and rewards before making an investment decision in VeChain or any other cryptocurrency.