VeChain price prediction & forecast 2023/2024 - 2025 (2024)

VeChain is an altcoin project, which focuses on the logistics sector. The team is very ambitious and has entered into various collaborations with large companies. Take for instance the Chinese branch of Walmart, a large American supermarket chain.

What are the future projections for VeChain's exchange rate? In this article, we'll look at the projections.

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Short-term expectations

Is now a good time to buy VeChain? Below we give you the short-term projections of Tradingview:

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VeChain price prediction for the next few years

What do we expect the next few years? Below you can read the long-term projections of cryptocurrency analysis agency Coinpriceforecast.

VeChain price prediction 2022

Analysts expect that in 2022 VeChain will continue along this upward course. After the first half of the year, the exchange rate will be 0.13 €. But after that, the fireworks truly start: by the end of 2022, a price of 0.17 €is possible.

VeChain forecast between 2023 and 2025

The years after that may also prove to be great for VeChain. By the end of 2023, VET will break the psychological barrier of 0.25 € for the first time. In 2024, VeChain will continue to rise, closing 2025 with a price of 0.35 €.

Historical price analysis of VeChain

2018

VeChain started off as an Ethereum token, but since July it has its own blockchain. Back then, VET started with a value of 0.02 €. But within a month, the exchange rate plummeted to 0.006 €.

Until November, VET struggled at a price level of 0.01 €. In mid-November, the entire crypto market crashed and VeChain was no exception. The coin closed the year with a value of 0.003 €.

2019

In the first quarter of 2019, the price of VET got stuck within a margin of0.003 € and 0.004 €. By the end of March, the exchange rate broke out, and the price hit a high of 0.008 € in June.

VeChain couldn't maintain this price, however. The exchange rate plummeted and reached a depth of0.002 € in October. That was a perfect moment to buy the dip, in 2019. Within just one month, the price rose to 0.006 €. VET concluded the year with a price of 0.004 €.

2020

VeChain started off the year well. In February, the coin reached a value of 0.007 €. But in March, things turned sour. The Coronavirus Pandemic, the global lockdown and travel restrictions had a deep impact on all financial markets, and VeChain could also not escape the consequences.

Midway into March, VET's exchange rate crashed, reaching a bottom of 0.002 €.

That was the starting gun for the new bull market, during which VeChain broke record after record. In July, VET broke the magical barrier of 0.01 € for the first time since 2018. One month later, the price had even doubled.

By the end of summer, it wasn't just the temperature that decreased. By the start of November, VET was only worth 0.008 €. After that, however, VeChain continued upwards: the coin closed the year with a value of almost 0.02 €.

Invest wisely

VeChain is a promising coin, but be mindful that the crypto market is very volatile. That's why you should never invest more than you're prepared to lose. We also recommend you do your own research as well. Good luck!

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