VeChain (VET)

24h Change -0.37%

24h High $0.0280

24h Low $0.0277

24h Volume $0

Max Supply: 0

Circulation: 85,985,041,177

Market Cap: $2,402,834,778

VET
USD

Listing Date:
2022-09-06, 06:47:43

Network:
VeChain Main Chain

Asset Type:
Coin

Primary Markets (2 active)

Total Market Volume: ~$1

Liquidity Pools (1 Active)

Total Pool Liquidity: ~$200

Market Volume
$0.51
$0

Hot Wallets

Deposit
Block #21692984 @ 1.45 min ago

Balance: 8084.53971039

Updated: 1.42 min ago

Withdraw
Block #21692984 @ 1.45 min ago

Balance: 86648.81839864

Updated: 1.42 min ago

Highlighted Assets

Market Cap: $112K $0.00000233

Market Cap: $934K $0.0303

Market Cap: $2.98B $0.114

Top Volumes

MOTA/USDT
MotaCoin

Volume: $219860 $0.004962

POT/USDT
PotCoin

Volume: $151735 $0.003681

PPKAS/USDT
PPKAS

Volume: $104226 $0.00057805

Biggest Gains

KASXX/KAS
XeggeX KAS Promissory Token

+163.16% $0.02844365

AIX/USDT
Astrix

+130.59% $0.00001651

IVY/USDT
Ivy Live

+109.67% $0.00000121

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 (VEN is no longer active.)The VeChain Thor blockchain uses a dual token model.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.