What is VeChain?
VeChain is a leading blockchain platform that aims to offer Blockchain-as-a-Service solutions to enterprises. Through the use of the blockchain's tamper-proof distributed ledger, the platform allows for a trust-free ecosystem that is efficient and transparent.
VeChain has gone beyond the proof of concept stage and is seeing adoption across multiple industries for supply chain management through asset digitization. Through advanced IoT integration, it is seeing usage in monitoring product fe cycle, real-time product location tracking, and authenticity verification. VeChain lists partners in varying industries ranging from food and pharmaceuticals, to automobile and luxury goods. VeChain continues to position itself as the leading enterprise solution with its strong economic model and governance philosophy through the VeChain Foundation and its steering committee.
VeChain Thor (VET) is currently sitting within the top 20 coins by market capitalization at the time of this writing. VeChain tokens were initially released as VEN on the Ethereum network after they completed their ICO in August 2017, but have since been swapped for VET after VeChain released its Thor Mainnet in June 2018.
VeChain News And Market Price Data
- Historical Data
- OKEx shared insights on trading, regulation, DeFi and more during recent Markets Pro AMACointelegraph.com News - 14 hours agoAmong many features, OKEx staff demonstrated how users could automate their trading process with no required coding knowledge on the namesake platform. Founded in 2017,…
- Bitcoin drops below $54K, stocks sell-off after new COVID-19 variant emergesCointelegraph.com News - 14 hours agoBears took control of BTC price after options markets flashed bearish signals, but should traders be worried? Crypto exchange Deribit is the absolute leader in…
- El Salvador celebrates Black Friday, buys 100 BTC for 20% offCointelegraph.com News - 15 hours agoWith the addition of the 100 coins today, El Salvador holds 1,220 BTC, worth roughly $66.3 million following the crypto asset’s drop to the $54,000s.…
- Price analysis 11/26: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIBCointelegraph.com News - 16 hours agoBitcoin and most major altcoins are on the verge of starting a deeper correction, which will signal that a short-term top may be in place.…
- Tanzania reportedly makes plans to launch CBDCCointelegraph.com News - 17 hours agoThe central bank has “already begun preparations” for a digital shilling, according to Bank of Tanzania Governor Florens Luoga. The Bank of Tanzania is reportedly…
VeChain Frequenty Asked Questions
Where does VeChain (VET) rank among in terms of popularity? How relevant is it compared to competitors?
In terms of popularity, VeChain currently ranks in position 27 out of the top 1000 cryptocurrencies. Another important factor in popularity is VeChain‘s market capitalization – in general, the higher the market cap of a cryptocurrency, the more dominant it is considered to be in the market. VeChain has a market cap of $ 7,882,663,562, which compares to Bitcoin (the most popular cryptocurrency by several metrics) with a market cap of $ 1,035,461,296,210, Litecoin at $ 13,659,073,190, Ethereum at $ 491,627,243,701, Tether at $ 74,171,209,365, and XRP at $ 45,105,059,193.
What is the price of VeChain (VET) today (updated in realtime)?
The current price of VeChain is $ 0.118073 in USD. (The price in Euros is 0,105050 €; and the price in Bitcoin is Ƀ 0.00000215 BTC.)
How has VeChain (VET) performed recently?
VeChain‘s price has increased in the last 24 hours by 3.74%. The change in price over the last seven days was -15.84%. The trading volume over the last 24 hours was $ 518,566,577. Trading volume indicates how many units of a currency are being bought and sold on specific exchanges. High trading volumes are likely to drive more on-chain activity, for example when people deposit and withdraw funds, and it is considered a good indicator of popular interest in the currency.
What is VeChain‘s (VET) market supply?
The total circulating (available) supply of VeChain is 66,760,741,299 VET. The total supply of VeChain is 86,712,634,466 VET.
What is the 24 hour volume for VeChain (VET)?
The 24 hour volume of VeChain is $ 518,566,577.
What is VeChain (VET) official website?
VeChain‘s official website, social accounts, blockchain explorer, and Github repository if applicable.
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