✴️ VeChain 2024 All-Time High Potential Visited (3,500% or 35X)

17 Jul 2023

Recently, I shared the potential targets for VeChain vs Bitcoin (VETBTC) for the year 2024, some people were quick to point out, "only 10X?"

If you look at the chart the potential goes higher, up to 16X and the Bitcoin pairings can produce different results compared to the Tether pairs.

VeChain vs Tether (VETUSDT) has a much bigger potential, it goes beyond 30X, let's dive in.

VeChain's last bull-market lasted 399 days from bottom to peak.

The bottom was hit March 2020 and the peak (All-Time High), April 2021.

The entire bull-market produced a run of 17,514% or 175X.

I know many people say this is untrue or not possible, they just don't believe this kind of numbers to be real but this is irrelevant because this is already in the past and this can be confirmed easily by looking at the chart.

Cryptocurrency is a new technology.

When it comes to the financial markets, this is a new asset class. As the market is new, swings are wild, potential growth is infinite, volatility is strong.

As the market becomes more mature, older, evolves, the swings become smaller, potential growth is still strong but reduced, stability takes place (lower volatility).

This is the case with Cryptocurrencies but it is still really early in this game.

I used three different methods to calculate the potential target as the next All-Time High, I will keep these to myself for now but the target sits around $0.696 or between this range: $0.676 and $0.700.

If we consider VETs current price, that would be a total/nice 3,500% potential or 35X...

What do you think about these numbers?
It is many times less than 2021, which is normal, but the numbers are still amazing by any standards.

Do you think this is possible?
What's your target for the next bull-market top?

Share in the comments section.

Namaste.