VeChain (VET) has been actively involved in various development initiatives and projects, including the recent introduction of “The HiVe” which has garnered attention from within the Web3 community.
Throughout 2023, the VeChain team has consistently provided updates on their ongoing developments and there are many projects in the pipeline. VETÂ is currently trending as the team makes an important announcement.Â
According to CoinMarketCap, VeChain’s VET is changing hands at $0.03497 at the time of writing, with a 1% increase in value over the past 24 hours. VET is down by 11.5% over the past seven days. Considering various metrics, here is our price prediction for VeChain for May.
VET Price Prediction May
Crypto experts at Changelly have released their price prediction for VeChain for May. For the given time frame, the experts have predicted that the minimum price of VET will be around $0.0407. Furthermore, they have mentioned that the maximum price is expected to be around $0.0442. The average price, as per the experts, for VET will be around $0.0426.
VeChain has shown a positive trajectory over the last 24 hours, in line with the broader cryptocurrency market. VET is also up as Bitcoin price has also recovered slightly recently. However, analysts do not expect VET to hit $0.05 this May. Perhaps, if market conditions become favorable, the level can be breached.
