Here's How to Be a Millionaire When VeChain VET Hits $1 (2024)

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Here's How to Be a Millionaire When VeChain VET Hits $1? ›

For those aspiring to achieve a $1 million portfolio with VeChain priced at $1 per coin, the calculation is straightforward: divide the desired target of $1,000,000 by the coin price of $1, resulting in the acquisition of 1,000,000 VET.

According to Changelly, VeChain (VET) won't breach the $1 mark till at least February 2032, about eight years from now. As for 2024, the platform anticipates the asset to hit a maximum price of $0.074, which it may attain in November. Reaching $0.074 from current levels would translate to a growth of about 60.8%.

VeChain price prediction 2030

However, given the long-term trajectory, the price of VeChain could reach as much as $3 to as low as $0.36 as Vechain aims to disrupt the supply chain market.

The price of the altcoin could hit a maximum of $0.101, by the end of the next three years. With a potential surge, the VeChain price may go as high as $0.300 by the end of 2030.

According to Changelly, VeChain would reach the $5 threshold by February 2040.

Even though the road to 100 dollars is long, some things can send Vechain on the right path, helping it reach $100. If you don't know what Vechain does or how it works, you need to read this article (read the fundamental analysis part): Is Vechain A Good Investment In 2021?

The maximum supply of VeChain crypto is to high to reach such price. VeChain fully diluted market cap is $15 billion and if the price of VeChain will reach $20 then the market cap exceed 1 trillion which is unrealistic scenario.

VeChain remains a top 50 cryptocurrency by market cap with a daily trading volume of more than $60 million, so it's far from dead. But many investors feel like the project is unlikely to recover following the brutal bear market and complain that the centralized governance is stifling further development.

Our list of the next big crypto coins to explode in 2024 (x100 Bull Run) : EarthMeta ($EMT) – AI-driven Metaverse platform for decentralized governance and digital real estate. Folki ($FOLKI) – Meme coin integrating with the metaverse.

Can XRP reach $10? ›

Could XRP reach $10? For XRP to reach $10, the market cap is around $520 billion, considering the current circulating supply, which would make the project almost double the value of the second largest cryptocurrency, Ethereum.

For Dogecoin's price to skyrocket, demand would need to outpace rising supply. That's a tall task. In my view, then, there are no fundamental reasons to be long-term bullish about Dogecoin. In fact, it's very unlikely the token will rise 600% to reach $1 by 2030.

Its analysts suggest VET could reach $5.15 in February 2040 and even surpass $10 by May 2040.

The bottom line — will VeChain reach $1? If VeChain were to reach $1, the market capitalization of the VET token would be roughly $72 billion. While this is certainly a substantial figure, it's not outside of the realm of possibility for a crypto asset to achieve.

HBAR has the potential to reach $1. But that might not be soon. For the cryptocurrency to hit such a price, demand has to be intense. While this has been the case for some days, it is uncertain how long it will be maintained.

Amidst optimistic forecasts, an analyst has projected a significant price surge for VeChain's native token, VET. Currently trading around $0.51, the analyst predicts VET could rise to $1.37, marking a 27x increase from its recent local high.

VeThor Token (VTHO) is currently traded on the market at $0.00341064, so it would have to increase in value drastically to reach 1 USD by 2030. As of now, VeThor Token is forecasted to hit $0.004103183612138 by the end of 2022.

ADA's price might hit $0.93 in 2024 and could circle back to the same point in 2027. The bullish price prediction for 2029 is $2.36. With increasing demand, the price of ADA could change hands at $3.72 in 2030.