Can $1000 of VET in 2024 Make $1 million By 2030?

The cryptocurrency market seems to show signs of a rebound after a period of stagnancy. VeChain (VET) has rallied by nearly 7% in the daily charts, 2.1% in the weekly charts, and 4.5% in the last 14 days. However, the asset’s price has fallen by almost 12% over the previous month.

Also Read: VeChain (VET) Could Rally 116% to $0.08: Predicts Analyst

However, many traders are in the crypto sector for the long run. Bitcoin (BTC) has been one of the best-performing assets of the last decade-and-a-half. Many investors are curious if a $1000 investment in VET will earn them a million by 2030.

According to Changelly, VeChain (VET) could hit a maximum price of $0.599 in 2030, which it may attain by December of that year. To have one million dollars worth of VET at $0.599 per coin, you will need 1669449.0818 tokens. The price of 1669449.0818 tokens right now is about $60,000. In such a scenario, your portfolio will grow by almost 1567%.

Also Read: VeChain (VET) Predicted to Hit $0.9: Here’s When

Telegaon, on the other hand, is far more bullish on VET than Changelly. The platform predicts VET to hit a maximum price of $7.63 in 2030. To have one million dollars worth of VET at $7.63 per coin, you will need 131061.59 VET tokens. The price of 131061.59 VET right now is about $4587. In this situation, your portfolio will grow by around 21,700%.

How high can VeChain (VET) go in 2024?

According to Telegaon, VET could hit a maximum price of $0.15 in 2024. The rise would translate to a growth of about 328.5%. Changelly, however, is more conservative with its ET prediction. The platform anticipates VET to hit a maximum price of $0.0591 this year, which it may attain by December. Hitting $0.0591 from current levels would translate to a growth of about 68.8%.