To have a million dollars worth of VET at $0.1, you would need 10,000,000 (10 million) tokens. The price of 10 million VET right now is about $350,000. The price rise would translate to a growth of over 185%.
Also Read: VeChain (VET) Predicted to Rally 185%, Hit $0.077: Here is When
However, the question now is whether VET can rally another 185%. In short, the project has the potential to do so. The token has already rallied by over 180% since January. If it can continue its bullish path, VET could hit $0.01 as early as next year.
Changelly, however, predicts VeChain (VET) to reach $0.1 by July 2026, almost 2-and-a-half years from now. As for 2024, Changelly anticipates a maximum price of $0.06, which it could attain in December.
Telegaon, on the other hand, predicts VeChain (VET) to reach $0.1 by 2025. The platform anticipates the token to hit a maximum price of $0.09 sometime in 2024.
Nonetheless, we could reach the $0.1 target in 2024 if the crypto market enters a bull run. Many analysts have predicted a bull run in 2024, fuelled by a spot Bitcoin (BTC) ETF (Exchange Traded Fund) approval by the US SEC (Securities and Exchange Commission) and BTC’s halving event in April next year.