VeChain (VET) had quite the start in 2020 after it saw the token jump from $0.015 to $0.032 in just a matter of weeks. After peaking in late February, however, prices have been steadily decreasing. Looking at yearly change, VET is down by 28.8%. While it is of course arguable that VeChain will experience a price reversal come October’s end, CoinCodex forecasts a bearish path in the coming weeks, predicting the token dip to $0.0152. Meanwhile, Changelly is more optimistic, anticipating a possible high of $0.021, although a certain date or timeframe for this possibility wasn’t specified. Ultimately, potential short-term gain for VET may not seem satisfactory at the present moment, but new initiatives, such as work on adapting to climate change, could trigger surging prices in the months or periods ahead.
