VeChain

Rally

Bitcoin

April

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 <p>VeChain (VET) is a popular cryptocurrency that has seen a significant surge in value over the last year. Since January 2023, VET’s price is up by over 76%. Moreover, the token is up by 5% in the weekly charts and over 14% in the last month.</p>
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   Source: CoinGecko
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 <p>Early <a rel="noopener noreferrer nofollow" title="VeChain" href="https://thebittimes.com/tag/vechain.html">VeChain</a> (<a rel="noopener noreferrer nofollow" title="VET" href="https://thebittimes.com/tag/vet.html">VET</a>) investors have seen a significant return on their investments. If you had invested $100 weekly in <a rel="noopener noreferrer nofollow" title="VET" href="https://thebittimes.com/tag/vet.html">VET</a> since it began trading, you would have put in about $28,600 till now. However, the portfolio’s value would have surged to $74,842.17 in the six years since, a growth of 160%.</p>
 <p><strong>Also Read: <a rel="noopener noreferrer nofollow" title="VeChain" href="https://thebittimes.com/tag/vechain.html">VeChain</a> <a rel="noopener noreferrer nofollow" title="VET" href="https://thebittimes.com/tag/vet.html">VET</a> Can Rally 4400% and Reach $1.60: Predicts Analyst</strong></p>
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 <p>However, if you had invested $100 weekly till VET reached its all-time high of $0.28 in April 2021, you would have put in $13,000. However, the investment’s value would have risen to $504,091, a rise of over 3550%.</p>
 <h3 class="wp-block-heading" id="h-will-vechain-vet-reclaim-its-all-time-high-of-0-28-in-2024">Will VeChain (VET) reclaim its all-time high of $0.28 in 2024?</h3>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="611" src="https://cdn.thebittimes.com/images/2024/01/13/cc7d8a905c6fe6f2f44497988a013e9d.webp" alt class="wp-image-116474" srcset="https://cdn.thebittimes.com/images/2024/01/13/cc7d8a905c6fe6f2f44497988a013e9d.webp 1024w, https://cdn.thebittimes.com/images/2024/01/13/cc7d8a905c6fe6f2f44497988a013e9d.webp 300w, https://cdn.thebittimes.com/images/2024/01/13/cc7d8a905c6fe6f2f44497988a013e9d.webp 768w, https://cdn.thebittimes.com/images/2024/01/13/cc7d8a905c6fe6f2f44497988a013e9d.webp 380w, https://cdn.thebittimes.com/images/2024/01/13/cc7d8a905c6fe6f2f44497988a013e9d.webp 550w, https://cdn.thebittimes.com/images/2024/01/13/cc7d8a905c6fe6f2f44497988a013e9d.webp 800w, https://cdn.thebittimes.com/images/2024/01/13/cc7d8a905c6fe6f2f44497988a013e9d.webp 1160w, https://cdn.thebittimes.com/images/2024/01/13/cc7d8a905c6fe6f2f44497988a013e9d.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
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   Source: Zipmex
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 <p><a rel="noopener noreferrer nofollow" title="VeChain" href="https://thebittimes.com/tag/vechain.html">VeChain</a> (<a rel="noopener noreferrer nofollow" title="VET" href="https://thebittimes.com/tag/vet.html">VET</a>) has struggled after reaching its all-time high in April 2021. The token is currently down by over 88% from its 2021 peak. Despite a lucrative year in 2023, the supply chain-based cryptocurrency has not shown signs of reaching its high yet.</p>
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 <p>However, the cryptocurrency market may enter a bull run in 2024, fuelled by the spot Bitcoin (BTC) ETF (Exchange Traded Fund) and BTC’s halving event in April. Both developments could usher in a 2021-like rally for the crypto industry.</p>
 <p><strong>Also Read: VeChain Is A Top Pick For 2024, Analyst Says VET Can Hit $1.14</strong></p>
 <p>Moreover, there is a lot of talk about spot altcoin ETFs, such as an Ethereum (ETH) ETF and an XRP ETF. If more cryptocurrencies gain spot ETFs, the market may rally even further.</p>
 <p>If the cryptocurrency market enters a bull run, VeChain (VET) may reclaim its 2021 peak, if not surpass it. However, we have not yet entered a bull run, and hence, it is difficult to predict if VET will reclaim its all-time high in 2024.</p>
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<div class="cs-entry__tags">
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  <li>VeChain</li>
  <li>VET</li>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/vechain-weekly-100-in-vet-since-launch-is-worth-this-much-tbt76455.html">https://thebittimes.com/vechain-weekly-100-in-vet-since-launch-is-worth-this-much-tbt76455.html</a></p>

VeChain: Weekly $100 in VET Since Launch Is Worth This Much

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