VeChain (VET) appears to be on the mend from its recent downturn following the broader cryptocurrency market sell-off. VET has experienced a near 3% increase in its daily trading figures and has seen a 9% rise over the past week. Additionally, the value of the token has increased by 18.7% since the beginning of January 2023. Nonetheless, the asset has declined by more than 5% over the past two weeks and has seen a decrease of 202021% from the previous month. Further reading includes: “VeChain: Forecasting the Price of VET for February 2024.” This information originates from two sources: CoinGecko and Zipmex. VET has experienced a significant drop of nearly 90% from its peak value of $0.28, reached around three years ago in April 2021, and is currently trading well below that high. Changelly suggests that VET might reach its peak price from 2021 again by January 2030, roughly six years into the future. Furthermore, the system forecasts that VeChain (VET) will surpass the one-dollar threshold around June 2033, a period of over nine years into the future. Additionally, there is speculation on whether VeChain (VET) will undergo a significant reversal reaching $0.05.