$VET
Current price: About $0.0080 USD per VET — a very low level compared with its past peaks around $0.27 in 2021. �
CoinMarketCap
Market Cap: ~ $690 million — placing VET around the top ~70 crypto assets by cap. �
CoinMarketCap
Trading range (24 h): approx $0.00798–$0.00836 USD — small daily moves typical of a market lacking strong momentum. �
CoinMarketCap
📊 Short-Term Price Movement
There’s been recent support around the $0.008 level, with some technical analysis claiming this could act as a base for potential upside if buyers step in. �
TronWeekly
Overall market conditions have been weak for many altcoins, and VET’s price has mirrored broader crypto selling pressure rather than specific negative news about VeChain. �
CoinMarketCap
🧠 Longer-Term Context
Some analysts still forecast possible higher targets over several years if adoption improves, ranging widely depending on who you follow (from under $0.05 to much higher long-term values). �
Coinpedia Fintech News
VeChain has continued partnerships and ecosystem development, including collaborations for digital passports and real-world asset infrastructure, which supporters see as useful groundwork for future growth. �
CryptoRank
However, community sentiment online is mixed — some holders remain hopeful, while others feel the project has struggled to regain strong traction since previous bull runs. (This reflects user discussions and opinions, not market data.) �
🧩 Key Factors Influencing VET
Positive drivers
Enterprise partnerships and real-world blockchain use cases. �
CryptoRank
Technical support levels appearing around current price ranges. �
TronWeekly
Challenges
Long period of low valuation and limited speculative interest compared with major cryptos. �
CoinMarketCap
Broader crypto market weakness dragging altcoins down.