VeChain is currently trading at the $0.049 mark on Monday on the heels of Trump’s grand inauguration. All eyes are on Trump as he’s supporting the cryptocurrency market and the blockchain technology. Reports state that the President plans to sign executive orders in support of Bitcoin and the broader cryptocurrency sector. The move could ignite a rally and make leading altcoins, including VET, reach new highs.

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The recent price prediction indicates that VeChain could rise double-digits this month after Trump’s inauguration. VET has surged 14% since the start of January, going from a low of $0.043 to a high of $0.049. In this article, we will highlight how high VET could trade in the charts after a month of Trump taking office.

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VeChain: VET Predicted To Surge 18%

The latest price prediction indicates that VeChain could surge by another 18% in a month after Trump’s inauguration. Leading on-chain metrics and price prediction firm CoinCodex forecasts that VET could touch $0.058 in February next month. According to the estimates, VeChain could sustainably scale up in the indices and deliver double-digit returns in a month.

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If VeChain spikes 18%, an investment of $1,000 made today could turn into $1,180 in February 2025. That’s decent returns in a month as not every financial asset is capable of generating double-digit profits. Trump’s policies towards the cryptocurrency sector could ignite a boom, making the markets surge.

Read here to know how high Bitcoin could rise after Trump takes over the White House on Monday. Investors will be closely watching his trade deals, policies, and economic implications when he’s at the helm. If he delivers, the cryptocurrency market could surge in value, making Bitcoin and other altcoins like VeChain rise. Taking an entry position now before the upcoming boom could prove beneficial as traders anticipate a bull run.