VET is the native cryptocurrency token of the VeChainThor blockchain network, a decentralized, open-source platform focused on building a scalable and secure ecosystem for supply chain management, enterprise adoption, and IoT (Internet of Things) applications.$VET
Key details about VET include:
- _Symbol_: VET
- _Blockchain_: VeChainThor
- _Consensus Algorithm_: Proof of Authority (PoA)
- _Total Supply_: 86.7 billion VET tokens
- _Circulating Supply_: Approximately 55 billion VET tokens
- _Use Cases_:
- Supply chain management
- Enterprise adoption
- IoT applications
- Decentralized finance (DeFi)
- _Unique Features_:
- Scalable and secure blockchain architecture
- High transaction throughput
- Low latency
- Enterprise-focused
Current Price (approximate):
- Price: $0.025
- Market Cap: $1.4