VTHO Price Prediction 2024-2030: Is the VeThor Token a Good Investment?

Key takeaway

• VeThor token price prediction for 2024 could reach a maximum value of $0.00486.
• The VeThor token price forecast estimates a high of $0.0166 in 2030

VTHO (VeThor Token) is the secondary token on the VeChainThor blockchain, designed to facilitate transactions and pay for computational resources on the network. It is generated automatically by holding VET (VeChain Token) at a predetermined ratio.

VeChain was founded in 2015 by Sunny Lu, the former CIO of Louis Vuitton China, to enable sustainability through blockchain technology. The VeChainThor blockchain has two tokens: VET, which carries value, and VTHO, which pays for transactions and smart contract execution.

The two-token system aims to provide effective governance and a predictable economic model for decentralized application developers. VTHO generation is designed to be stable, with the generation rate adjusted based on network usage to maintain a target VeThor token price.

VeChain has partnered with various companies, including PricewaterhouseCoopers, Renault, Microsoft, and UFC, to develop blockchain solutions for supply chain management, digital car maintenance, and sports memorabilia authentication

Overview

VTHO price prediction: Technical analysis

VTHO price analysis

VTHO/USD 1-day chart

On Aug 26, the VTHO/USDT 1-day chart shows the price at $0.002270. The Bollinger Bands are tightening, suggesting lower volatility, with the price currently near the midline. The Relative Strength Index (RSI) is at 45.75, indicating neutral momentum but slightly trending upward. The recent price action suggests a potential recovery after an extended downtrend, as the price has bounced from support around $0.001780 and is attempting to reclaim the 20-period SMA. However, resistance at $0.002296 could cap further gains. The setup suggests cautious optimism for short-term upside but requires confirmation through stronger volume and price action.

VTHO/USD 4-hour chart

The VTHO/USDT 4-hour chart shows a current price of $0.002269. The recent uptrend appears to be losing momentum, as reflected by the flattening of price action near this level. The Balance of Power (BoP) indicator is at 0.38, suggesting bullish control, but the volatility indicates indecision. The MACD shows a bearish crossover with the signal line crossing above the MACD line, signaling potential downward pressure. However, the histogram remains neutral, indicating that momentum has not fully shifted. The overall trend hints at a consolidation phase, with the possibility of a retracement if support around $0.002241 fails to hold.

VTHO technical Indicators: Levels and action.

Daily simple moving average (SMA)

Daily Exponential moving average (EMA)

What can you expect from VTHO price analysis next?

Based on the 1-day and 4-hour charts for VTHO, the price is currently consolidating around $0.002269. The daily chart shows a slight upward momentum with the RSI at 45.75 and prices attempting to break above the middle Bollinger Band. However, the resistance at $0.002296 remains a significant barrier. The 4-hour chart, the MACD shows bearish divergence with a recent crossover, signaling a potential pullback. The Balance of Power indicator at 0.38 indicates that bulls are still in control. Still, the weakening momentum could lead to sideways movement or a minor retracement before any sustained rally resumes.

Is VeThor a good investment?

VTHO offers speculative growth potential, with some predicting a rise to $0.005, promising high returns. However, the stability of its token price and the potential ceiling by the VeChain foundation to control transaction costs are concerns. Many prefer VET for long-term growth due to its limited supply and broader use cases.

Can VeThor reach $1?

The price of VTHO reaching $1 depends on its token supply and demand. Its value is much lower, and hitting $1 would require major growth in its use and adoption within the VeChain ecosystem. Factors like transaction costs and crypto market conditions play a big role, making this goal uncertain.

How high can the VTHO Token go?

The VeThor token price is projected to reach a maximum price of approximately $0.0166 by 2030, with a gradual increase expected over the next few years. By 2028, predictions suggest it could trade between $0.0085 and $0.0102, reflecting its utility in powering transactions on the VeChainThor blockchain. 

Is VTHO a safe investment?

VTHO is a speculative investment due to the crypto market’s high volatility. While VTHO has utility on the VeChainThor blockchain, its price is not guaranteed to rise. Investors should conduct their own research and consider the risks before investing.

Does VTHO have a good long-term future?

VeThor Token (VTHO) has a positive long-term outlook due to its key role in the VeChain ecosystem. By 2025, VTHO’s price is projected to average $0.0053, with possible highs of $0.0057. Its value is supported by a controlled supply, where 70% of VTHO tokens used are burned. With a market cap of around $177 million and consistent generation from VET holdings, VTHO’s strong fundamentals indicate a promising future as blockchain technology develops.

Recent news/ updates

VeChain has announced that VeBetterDAO is launching on-chain sustainability proofs for dApps, allowing users to verify sustainable actions through transparent blockchain tracking. 

VTHO Price Prediction September 2024

According to experts, VTHO’s market price in September is predicted to reach a maximum of $0.00466 and a minimum of $0.00189, with an average price of $0.00349.

VTHO Price Prediction 2024

The Market price for VTHO is expected to reach a maximum of $0.00486 by the fourth quarter of 2024. However, traders can expect a minimum trading price of $0.00197 and an average price of $0.00436.

VeTHOr Token Price Predictions 2025 – 2030

VTHO price prediction 2025

The VTHO forecast for 2025 suggests a price range of $0.00475 to $0.00569, with an average VTHO rate of $0.00531.

VTHO price prediction 2026

In 2026, VTHO’s Average price is expected to be $0.00755. Its minimum and maximum trading prices are predicted to be $0.00653 to $0.00780, respectively.

VTHO price prediction 2027

The price for VTHO is predicted to reach a maximum value of $0.0102 in 2027. On the lower end, VTHO is expected to trade at $0.00853, with an average of $0.00977.

VTHO price prediction 2028

In 2028, traders can expect an average trading price of $0.00977, with minimum and maximum prices of $0.00853 and $0.0102, respectively.

VTHO price prediction 2029

For 2029, the price prediction for VTHO is expected to be around a minimum value of $0.0105, with an average value of $0.0117. Nonetheless, VTHO is expected to trade at a Maximum value of $0.0120.

VeTHOr price prediction 2030

In 2030, VTHO’s average forecast price could be $0.0163. Its minimum and maximum trading price is expected to be $0.0149 and $0.0166, respectively.

VTHO Finance market price prediction: Analysts’ VTHO price forecast

Cryptopolitan’s VTHO finance price prediction

According to Cryptopolitan’s VTHO price prediction, the token price prediction suggests a notable price increase by the end of 2024. Looking further ahead to 2030, VTHO’s forecast suggests a steady rise, with an average price of $0.0163. The predicted trading range for 2030 spans from a minimum of $0.0149 to a maximum of $0.0166, indicating potential for moderate growth over the next few years.

VRA historical price sentiment

VeThor Token (VTHO) has experienced significant price movements since its inception in 2018. Initially, after its rebranding, VTHO was priced around $0.0038 in late 2018. The token saw a notable rise in early 2021, reaching its all-time high of approximately $0.038 in February 2021, driven by increased interest in blockchain technology and the VeChain ecosystem. However, following this peak, VTHO’s price began to decline. By the end of 2021, VTHO was trading at about $0.008, and it continued to decrease throughout 2022, closing the year at around $0.003. The downward trend persisted into 2023, with VTHO trading below $0.003 for much of the year. As of August 2024, the token’s price is approximately $0.0022, indicating a significant drop of nearly 94.21% from its all-time high. The price history shows VTHO’s volatility.