VeChain (VET)

24h Change +5.22%

24h High $0.0288

24h Low $0.0270

24h Volume $3

Max Supply: 0

Circulation: 85,985,041,177

Market Cap: $2,430,888,157

VET
USD

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

Network:
VeChain Main Chain

Asset Type:
Coin

Primary Markets (2 active)

Total Market Volume: ~$3

Liquidity Pools (1 Active)

Total Pool Liquidity: ~$202

Market Volume
$3.01
$0

Hot Wallets

Deposit
Block #21631602 @ 1.37 min ago

Balance: 4114.36291039

Updated: 1.26 min ago

Withdraw
Block #21631602 @ 1.37 min ago

Balance: 83268.78968825

Updated: 1.26 min ago

Highlighted Assets

Market Cap: $201K $0.00776

Top Volumes

MOTA/USDT
MotaCoin

Volume: $195591 $0.004801

MBC/USDT
MicroBitcoin

Volume: $148476 $0.00003914

PPKAS/USDT
PPKAS

Volume: $132242 $0.00064703

Biggest Gains

EDEL/USDT
Edelweis Coin

+237.50% $0.000054

TRLK/USDT
Trust Linker

+184.33% $0.00008473

RBL/USDT
RebelCoin

+114.19% $0.0005027

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 (VEN is no longer active.)The VeChain Thor blockchain uses a dual token model.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