Analyst Justin Bennett believes VeChain (VET) could grow many times its current price.

In one Video Bennett, new to YouTube, said if VET breaks $ 0.1 it will likely continue to rise.

“As long as it stays above that $ 0.06 range, I’m still optimistic about VET for the next year, and I think if the price is above $ 0.1 (about $ 0.103 ) increases then I think we will come back some higher levels. “

Source: Justin Bennett

The analyst also noted that if VET success this year, potential breakout areas could be anywhere from $ 0.38 to $ 0.40.

“That could be the goal if VET breaks out of this pattern by the end of the year. Of course, there is a long way to go. But if it does, an upside target of around $ 0.40 for VET could be considered. “

Source: Justin Bennett

VeChain is a supply chain optimization blockchain designed for enterprise solutions, offering a list of services aimed at improving product lifecycle management and data certification.

The platform’s native token, VET, is currently trading at $ 0.081, down nearly 2% over the past 24 hours.

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