Although the early days of January have seen Bitcoin return to the $100,000 mark, it hasn’t been as fulfilling for other cryptocurrencies. Indeed, some have taken a noticeable step back in recent days. Yet, that shouldn’t limit the positive outlook many of them face. Among those promising tokens is VeChain (VET), which is still set to target $0.15 despite its new year drop; the question is, when?
The asset had boasted an incredibly impressive end to last year. The holiday season had certainly taken its toll on the asset class, but VeChain was well positioned. Even despite its recent slide, the asset is still up more than 63% since last year. Now, the market is seeking insight on if VET can repeat that performance in 2025.
Also Read: New VeChain Patent Signals Upcoming Gains for VET
VeChain Gets $0.15 Target as Experts Project Bounce Back From Early 2025 Struggles
When 2025 arrived, the cryptocurrency market had concluded its greatest year to date. Indeed, the market saw the benefit of crypto-based ETFs in the early part of the year. Now, a host of institutional investors are getting in on the growing asset class. Moreover, it has created a burgeoning environment that is set to benefit a multitude of networks.
Although December brought a bearish reversal, things have looked different for many tokens to start the year. For those who have yet to get an increase in 2025, there seem to be promising developments around the corner. Chief among those tokens is VeChain, which has continued to target $0.15, according to analysts, despite VET’s underwhelming New Year performance.
Also Read: VeChain (VET) Price Prediction: Will VET Hit $1 in 2025?
Over the last 30 days, VeChain is down more than 27.80%, according to CoinMarketCap. Although there is optimism in its 9% jump over the last 24 hours, that is offset by its 8.4% drop it had early Tuesday. Altogether, the token appears stuck, finally falling below the $0.05 level.
Yet, that shouldn’t deter from the big things expected from the crypto over the next twelve months. According to cryptocurrency price prediction platform CoinCodex, VeChain will settle at a $0.053 high for January. However, it will experience a notable surge over the next several months.
Specifically, they project the token to break through the $0.1 mark in March. That won’t be the yearly high, however, as they expect VET to reach $0.2 just one month later. Indeed, VeChain is also predicted to settle at $0.15 for that month, an increase of more than 300% from its current position.