Since VeChain previously VEN, rebranded to VeChain Thor (VET) months ago, many were expecting to see some major rebounds, new highs, and a strong rebound phase.
However, the rest of 2018 didn’t turn out to be what investors expected, so negative market trends were frequently dominating the market.
That is how VET, despite all latest and year-long important and crucial integrations across various industries and use case, lost almost -100% since reaching its all-time high and -100% on its YTD charts as well.
VeChain (VET) Price Today – VET / USD
Price 24H (%) -2.11%
Once again caught up in a mass market dip that marked November 15th, VeChain is seen losing -25% of its value in the course of the last week.
So, it appears that VET will have some issues in the recent attempt of going above its current value of 0.007$ per one unit.
And, what about the future of VeChain? Will VET get a chance to see a significant rebound in the future?
VeChain Price Prediction for 2018
Based on the present momentum of VeChain in the market where the crypto is down by -25% in the course of a week and almost -100$ down since making it to its all-time high of over 8$, VET appears to have slim chances of getting to a decent rebound.
That being said it seems that the top price for VeChain by the end of 2018 in case VET is able to acquire at least a minor rebound would be somewhere from 0.0075$ to 0.0090$ in the best case scenario.
VeChain Price Prediction for 2019
Some indications imply that based on the current performance of VET that makes the currency appear as not a rather beneficial investment, in the long run, it is said that VET might even go down to touch its lowest price by far.
The predicted price for 2019 for VET is said to be 0.000001$ based on its present performance.
However, more enthusiastic predictions claim that VET will be able to touch 0.75$ already in the first month of 2019.
VeChain Price Prediction for 2020
In case that VET doesn’t crash by the end of 2019, the predicted price for the 21st largest cryptocurrency in the year 2020 is said to be at its lowest of 0.015$ to the highest of 0.090$ in accordance with different analysis and report services.
VeChain does have strong use cases but since it is the technology of VeChain Thor that is ultimately favored over its cryptocurrency VET, VeChain currency is not benefiting from these integrations within its market price.
VeChain Price Prediction for 2021
The same analysis providers claim that the year of 2021 could be the year of recovery for VET in case the prolonged bearish trends don’t wipe out the crypto from the face of the cryptoverse.
Based on the reports the lowest price for VET could be 0.022$ while the highest value is said to be 0.30$ in the year 2021.
However, none of the analysis implies that VeChain could get back to its all-time high before the rebranding, not even in the course of the next 5 years.