VeChain Price Prediction for 2030 – Will VET Reach $1?

Key insights

• Market demand and technological advancements could influence the price of VeChain to $0.1.

• Investors and traders are increasingly optimistic after VeChain (VET) showed strong bullish price action as the price breaks the accumulation zone.

• Ali, a crypto analyst and expert, believes VeChain (VET) will be worth more than $2 in the coming bull market if a similar 2021 chart resurfaces.

Market sentiment – ​​bullish

Technical analysis – bullish

AI/ML Algorithm Prediction – VET in 2025 will be worth $0.5 and VET in 2030 will be worth $3.5

50-day and 200-day EMA bias – bullish

Cryptocurrency markets have seen some price upside throughout most of 2024 and are on the verge of what has been described as a mega bull run in cryptocurrency market history.

VeChain has gone under the radar and shows great potential for a 100x rally as investors and traders eye VeChain (VET) as reliable predictions of its movement begin to surface online.

Understanding VeChain’s potential and use case in a highly volatile market could help make better decisions before price forecasting and help us understand how it has performed historically in previous up and down cycles.

VeChain (VET) and historical overview

VeChain (VET) is a legacy cryptocurrency asset with real-world applications in supply chain system, logistics, and business solutions. Investors are looking for VeChain (VET) price prediction for 2030.

With a unique architecture, VeChain (VET) ecosystem is designed for supply chains and business processes and uses blockchain technologies to execute these services. Its ecosystem deals with two different tokens called VET and VTHO, which are used to pay for on-chain transactions and transfer value across VeChain’s network, respectively.

VeChain was founded in 2015 by Sunny Lu, the former Chief Information Officer (CIO) of Louis Vuitton, China. It started as a subsidiary of Bitse, one of China’s largest blockchain companies. VeChain’s growth cannot be questioned as it has built strong fundamental and technical potential in the cryptocurrency space.

Its ecosystem continues to experience tremendous growth. The plans focus on helping developers integrate their blockchain applications such as dApps into the ecosystem, improving the Internet of Things (IoT) mechanism, and creating a more sustainable economy for companies in the supply chain beyond.

VeChain (VET) price prediction for 2024

Source – VET price chart by TradingView

The price of VeChain (VET) has had its fair share of a bearish market that has lasted for almost three years as the price of VeChain (VET) fell to the $0.02 range after its all-time high of $0.28 in 2021 .

Since then, the price of VET has struggled to regain its uptrend but failed several times as the price of VeChain (VET) entered a 938-day accumulation phase and was eventually followed by a breakout as the price is currently around $0.044 Low of $0.02.

VeChain (VET) price could make history once again after many bullish signs are evident in its fundamentals and technicals as it faces key resistance around $0.055.

A break and close above $0.055 could mark a new annual high since 2021, which also confirms that the price is primed for further upside as VET bulls continue to dominate the price.

Source – VET Chart by Ali on X

Ali, a crypto analyst atIt feels like it’s going to be a big week for #VeChain! If history repeats itself, $VET could see a rise to $0.054 this week, a short correction through June, and then a bull run to $0.70 by November!”

VeChain (VET) Long Term Price Prediction 2025-2030

Diploma

VeChain’s innovative approach to addressing the problems of the supply chain industry using blockchain technology puts its project in a unique position. The aim is to create transparency, reduce costs and prevent fraud while ensuring easy traceability, which is what makes it stand out on the blockchain.

The future of VeChain cannot be questioned. With wide adoption and a unique use case, coupled with the current price trend, we could expect VeChain’s price to perform well in the long term.