The cryptocurrency whose value may grow by 2230% in the near future is named

Crypto strategist Ali Martinez has published a new forecast for the value of a little-known token. According to the expert, the digital asset VET can repeat the price dynamics of mid-2020 and make a significant profit.

As Martinez told his 35,900 subscribers on the X platform, the VeChain supply chain management cryptocurrency VET is ready to break through the resistance zone at $ 0.033.

According to the analyst, VET is repeating its consolidation from 2018 to 2020, and a breakout could push the altcoin to its long-term target of $ 0.70. «VeChain, the forgotten Chinese Ethereum, seems to be mirroring the consolidation phase we saw in 2018−2020! If this is the case, then VET could break the $ 0.033 resistance barrier within the next two weeks. The growth could lead to VET reaching $ 0.077 by the end of January. This is a 150% price increase!» Martinez emphasized.

At the time of writing, VET is trading at $ 0.027, which indicates a growth potential of about 2230% if the altcoin reaches the analyst’s long-term goal. Over the past day, the token’s value dropped by 5%, in a week it rose by 6.5%, and in a month it rose by 34.7%.

At the end of June, VeChain was included in the list of Finbold analysts as a virtual coin worth less than $ 1, which can grow significantly.