0
Please log in or register to do it.

Investors who opted for early entry into VeChain (VET) have witnessed substantial returns on their investments. A consistent investment of $100 per week in VET since its inception would have amounted to approximately $28,600. However, over the span of six years, the portfolio’s value would have soared to $74,842.17, marking an impressive growth of 160%.

 

For those who strategically invested $100 weekly until VET reached its all-time high of $0.28 in April 2021, the initial investment would have totaled $13,000. Astonishingly, the value of this investment would have skyrocketed to $504,091, reflecting a remarkable surge of over 3550%.

 

 

 

Despite reaching a peak in April 2021, VeChain (VET) has faced challenges, experiencing an 88% decrease from its 2021 high. Presently, the supply chain-focused cryptocurrency has yet to reclaim its previous peak, even though it had a lucrative year in 2023. However, there is optimism in the air as the cryptocurrency market anticipates a potential bull run in 2024, driven by the introduction of a spot Bitcoin (BTC) ETF and the upcoming BTC halving event in April. These developments could pave the way for a crypto industry rally reminiscent of the notable surge seen in 2021.

Market Analysis on January 12: XRP and DOGE
White Hat DAO Token

Your email address will not be published. Required fields are marked *