The cryptocurrency market got a monumental jump in the third just after January’s midpoint. With positive sentiment abounding, a host of cryptocurrencies jumped in value Thursday. Among them is VeChain, but can the ongoing crypto market rally push VET to a $0.10 price in January?

VeChain has quietly been one of the most promising cryptos toward the end of 2024. Although the project doesn’t have the same allure as Bitcoin (BTC), Solana (SOL), or Cardano (ADA), it has proven its worth by outperforming the trio over the last 24 hours. The question is, how high can it go toward the end of the inaugural month of 2025?

Also Read: VeChain (VET) Targets $0.15 Despite New Year Drop: But When?

VeChain Jumps 8% Amid Market Rally: Can VET Reach $0.10 Milestone Before February?

There are many within the cryptocurrency market who expected big things this year. With US President-elect Donald Trump set to be inaugurated in just four days, he is poised to bring massive changes with him. Moreover, there are rumblings that he could begin his second non-consecutive term with some big changes for the crypto sector.

That has propelled a positive sentiment throughout the market as we pass the midpoint of the first month of the year. Although a host of tokne’s are surging, one has been a pleasant surprise. Indeed, VeChain has gotten a notable boost from the ongoing crypto market rally as traders begin to ponder if VET can target $0.10 before January ends.

Also Read: New VeChain Patent Signals Upcoming Gains for VET

Over the last 24 hours, VeChain has jumped more than 8.50%, according to CoinMarketCap. Indeed, that makes it among the biggest gainers within the top 30 cryptocurrencies by market cap. Additionally, it continues a stark reversal, as VET is up nearly 15% for the last seven days. That increase has more than made up for its early-year struggles.

But just how high can the asset go this month? Although big things are projected for VeChain in 2025, they may have to wait. According to crypto price prediction platform CoinCodex, the asset is poised to reach a $0.064 high this month. Indeed, that still represents a 27% jump from its current position.

However, things will only get better. Analysts at the platform project VET to reach a $0.07 high for February, up an additional 51%. Moreover, they expect VeChain to keep gaining, reaching the $0.10 mark the following month. Ultimately, they expect the token to hit a year-high of $0.19 by the time the year ends.