Vechain Price Prediction $75, $100 and Vechain Price Prediction 2023, 2025 and 2030

Vechain Price Prediction $75, $100 and Vechain Price Prediction 2023, 2025 and 2030

Will VeChain reach $75, $100? Read on

Read on to learn about VET Price Predictions 2023, 2025 and 2030


Latest VeChain Price

Vechain Price Performance

  • Last 1 Month: +46.9%, Outperformer
  • Last 6 Months: -20.8%, Underperformer
  • Last 12 Months: -55.4%, Underperformer

Technical Analysis: Weekly

  • RSI: Neutral
  • STOCH RSI: Overbought
  • MACD: Sell
  • Moving Averages: Neutral
  • Overall: Buy

VET price prediction: Is VeChain a Good Investment?

VeChain is a blockchain platform created to improve corporate operations and supply chain management. It uses distributed ledger technology to streamline these procedures and information flow for intricate supply networks. VeChain aims to induce a network of computers to run a platform that enables companies to create and use decentralized applications. it gives businesses new tools for efficient data transfer and supply-chain management, facilitating improved digital collaboration between them.

With its unique offer of providing tools for managing the supply chain management system, VeChain has been able to make its presence in well-known organizations. Companies like BMW and LVMH, employ its supply chain solutions.

Walmart China, for example, utilizes VeChain to track items such as fresh fruit and meat. As a result, those foods are entirely traceable; if an E.coli outbreak occurs, the source may be easily recognized.

What are the Vechain Use Cases?

  • VeChain is a brand-new idea that adds value to company business operations and can be used in the supply chain and traceability domains. VeChain technology offers a wide range of applications in a variety of industries, but it has a very evident and perceptible advantage in supply chains for commercial enterprises.
  • VeChain Identity Technology, which uses QR codes and RFID chips to scan and identify things onto the blockchain, enables different organizations across the supply chain, from producers and distributors to shippers and retailers, to follow products through every stage in real-time.

What makes VeChain different from others?

  • Vechain, most recognized for its work in the supply chain; hasn’t seen much innovation. It has already succeeded in working with prestigious clients and governmental organizations to provide a decentralized trust layer for multi-party ecosystems.
  • Better protection, effectiveness, and ease of tracking for all types of data are made possible by using visible infrastructure with no single point of weakness or control. Peer-to-peer automation via smart contracts also helps to save expenses. The digitalization of trust and collaboration it offers is beneficial for many different industries, including carbon, supply chain, global logistics, incentive-driven ecosystems, automobile passports, and more.

Who are the Competitors of VeChain?

Competitors to VeChain based upon its use cases, differences, and also reliability of blockchain, and ease of use of blockchain. Some of the important competitors of VeChain are:

  • Corda
  • Ethereum
  • Hyperledger
  • BlockCypher
  • Blockstream

Overall, VeChain has real-world utility as it is trying to solve the supply chain problem of industries around the world. VeChain is positioning itself as a platform that will solve real-world economic problems with respect to security in delivery as well as providing technology to assist in the supply chain. Due to its unique feature, big brands like BMW have associated themselves with VeChain. However, one issue VeChain has is that it is not a well-known blockchain nor is its cryptocurrency with real-life cases for ordinary consumers. It is also unclear if the Token demand will rise substantially through B2B use cases.

VeChain has solid use cases but it is unclear if VET Token is a good investment.

Vechain NFT stats

As per the latest data, Vechain NFT volume increased by 109% to reach $44,000 in just one day.

YouTube video

Will Vechain Reach $75?

Vechain has grown only 2% a year in the last 5 years and with the current growth, it is impossible for Vechain to reach $75. However, in the world of cryptocurrency, nothing can be denied. VeChain can very much reach $75 by the end of 2042.

Yes, as per the VET price prediction, there is a possibility for Vechain to go above $75 by the end of 2042. However, for that to happen, the price of the Vechain needs to rise 50% a year from now.

Vechain Price Prediction $1000: Will VET reach $1000?

To reach $1000, VET needs to grow by 55,555 times, considering its current price of $0.018.

Note that it achieved its all-time high value of $0.23 in May 2021, where it grew by 52.27 times in 12 months (from a lower value of $0.0044 in May 2020). Thus, it has shown 4.35 times growth in one month.

Hence, it needs a minimum of 12,771 months (roughly 1,064 years) to reach a price as high as $1000.

VeChain Price Prediction 2023, 2025, and 2030 (Aggregated)

Vechain Price Prediction 2023 is $0.0402

Vechain Price Prediction 2025 is $0.0713

Vechain Price Prediction 2030 is $0.307

To read more VeChain Use Cases, Differentiators and Competitors, click here

Steering Committee Elections– Latest updates

To further decentralize the core of Vechain Thor’s governance model, Vechain has announced the 2023 Vechain Foundation Steering Committee Elections.

Note that Vechain Foundation is an organization that is committed to the advancement of the Vechain network.

To be a candidate for the Steering Committee, the potential candidates need to submit their formal applications and undergo KYC for verification of their identities. After approval, candidates will do AMA and share their agenda with the community. Later, the successful candidates will be announced.

Furthermore, Vechain recently announced its partnership with CAFA (China Accounting & Finance Association) for blockchain adoption into the public accounting sector. This partnership aims to provide auditing firms with more accurate and efficient services.

With this collaboration, the expertise of Vechain and CAFA will create a comprehensive blockchain network impacting the Chinese accounting industry.

Vechain Reddit discussions

Recently, the Vechain team announced the Roadmap for 2023 and 2024. Let us analyse what the Reddit community has to say about the topic.

One user wrote that Vechain can soon go to $1 with this. While, another user wrote that VET is a project that no more interests him, but Roadmap for 2023 have increased his interest in the project now.

One user even commented that Vechain is still not worth buying. Another user wrote that Vechain is a good project, but cannot help anyone make profits.

The Reddit discussion concludes that not many people are happy with this project, however, the recent roadmap seems fascinating to the majority of them.

Vechain Partnerships

Vechain is recently partnered with Amazon Web Services, UFC and OrionOne.

Its partnership with AWS is to enable international-scale carbon management services. OrionOne is integrated with Vechain for the purpose of making blockchain adoption streamlined for supply chains. Whereas Vechain’s integration with UFC is to increase Vechain’s brand visibility within 900 million households in 175 countries.

Vechain Financial Report Q3 2022

  • As per Vechain’s balance sheet, Vechain foundation’s holdings of BTC, ETH, VET and stablecoins have decreased in 3rd quarter of 2022.  
  • Vechain’s total treasury asset value decreased by 26% by the end of Q3 and reached $397 million.
  • Vechain Thor blockchain witnessed 48,296 new wallets created and 573 new smart contract deployments in Q3.
  • Vechain foundation brought more SDG-related projects on Vechain Thor in 3rd Quarter.
  • Vechain foundation’s ecosystem operation cost increased in this quarter because of more business-related activities.

Vechain Price Prediction: FAQs

How high can Vechain go?

Vechain is expected to rise as high as $0.3 by the end of 2030, meaning that it can hit another all-time high by then.

However, the major driving factors for VET’s price will be the macroeconomic (including inflation) and market liquidity conditions. VET crypto can be expected to rise once the market conditions turn out to favor cryptocurrencies.

Where can I buy VET?

Vechain (VET) can be bought on numerous major centralized crypto exchanges such as Binance, KuCoin, Bithumb, Bittrex, Huobi, Gate.io, Crypto.com, Bitvavo, CoinEx, Indodax, WazirX etc.

Can Vechain Reach $75?

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Index or Individual Stocks. Please consult a registered investment advisor to guide you on your financial decisions. 

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