VeChain (VET)

24h Change +10.68%

24h High $0.0259

24h Low $0.0233

24h Volume $5

Max Supply: 0

Circulation: 85,985,041,177

Market Cap: $2,168,559,935

VET
USD

Listing Date:
1662446863797

Network:
VeChain Main Chain

Asset Type:
Coin

Primary Markets (2 active)

Total Market Volume: ~$6

Liquidity Pools (1 Active)

Total Pool Liquidity: ~$189

Market Volume
$5.54
$0

Hot Wallets

Deposit
Block #21493474 @ 1.38 min ago

Balance: 4114.36291039

Updated: 1.29 min ago

Withdraw
Block #21493474 @ 1.38 min ago

Balance: 84609.54068825

Updated: 1.29 min ago

Highlighted Assets

Market Cap: $883K $0.0287

Top Volumes

MOTA/USDT
MotaCoin

Volume: $243517 $0.005994

PPKAS/USDT
PPKAS

Volume: $117879 $0.00084165

POT/USDT
PotCoin

Volume: $90728 $0.004246

Biggest Gains

DIAC/USDT
Diabase

+167.02% $0.04243

TAFT/USDT
CoinTAFT

+127.27% $0.000001

NETZ/USDT
MainnetZ

+70.45% $0.00075

About VeChain

VeChain Thor (VET) is a cryptocurrency and smart contracts platform focused on enterprise use. It utilizes IoT technology (like NFC chips, RFID trackers, and QR codes) and connects them to a single distributed ledger. According to the VeChain Foundation, partnerships have been developed with companies in several industries including luxury goods, automotive, agriculture, logistics, food/drug, and governments.Sunny Lu, former Chief Information Officer of Louis Vuitton China, founded VeChain in 2015. Initially, VeChain launched as an ERC-20 token called VEN. In August 2017, VeChain held an Initial Coin Offering (ICO) where 200,000 ETH was raised which was about $60 million at the time.On June 30, 2018, VeChain released VeChain Thor on its own mainnet. With the roll-out of this independent blockchain, token holders swapped VEN for VET, at an exchange rate of 1:100. (VEN is no longer active.)The VeChain Thor blockchain uses a dual token model. VET is the native token and functions as a store of value, whereas VTHO is used to pay for using and building apps on the blockchain. VTHO is automatically generated by owning VET. By using a dual token model, transaction fees remain more stable compared to a system where there is only one coin.