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VeChain Price (VET)

VeChain Price (VET)

Currency:
VET to USD:
1 VeChain equals $ 0.044818 USD-10.30%1D
Page last updated: 2024-12-22 06:01 (UTC+0)
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Note: This information is for reference only.

Price of VET today

The live price of VeChain is $ 0.044818 per (VET / USD) with a current market cap of $ 3.63B USD. 24-hour trading volume is $ 191.12M USD. VET to USD price is updated in real-time. VeChain is -10.30% in the last 24 hours with a circulating supply of 80.99B.
VET Price History USD
Date ComparisonAmount Change% Change
Today$ -0.005147-10.30%
30 Days$ 0.012046+36.76%
60 Days$ 0.021645+93.40%
90 Days$ 0.020774+86.40%

VET Market Information

24h Low & High
Low: $ 0.044161
High: $ 0.050859
The highest and lowest price paid for this asset in 24 hours.
All Time High
$ 0.278216
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
+0.76%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
-10.30%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
-20.86%
The percentage change in price for this asset compared to 7 days ago.

VET Market Information

Popularity
#36
Popularity is based on the relative market cap of assets.
Market Cap
$ 3.63B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
$ 191.12M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
80.99B
93.39%
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
86.71B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
$ 3.89B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Issue Date
2018-06-30

What Can You Do With VeChain (VET)?

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About VeChain (VET)

VeChain is a blockchain-based platform designed to decentralize the supply chain industry and function as a decentralized application (dApp) ecosystem. 

The original goal of VeChain was to provide supply chain industry organizations with the ability to efficiently transfer and verify supply chain data using the immutable and transparent nature of blockchain technology. VeChain price is updated live on Binance.

While VeChain is widely used within the supply chain industry, the launch of the VeChain Thor mainnet in 2018 saw VeChain shift from a supply chain-only project to the broader scope of general data solution dApps.

VeChain works with a number of notable industry partners that include BMW, which leverages VeChain technology to prevent automobile odometer fraud, and LVMH, which uses VeChain to track luxury goods. 

VeChain is led by the VeChain Foundation and currently maintains locations in China, Europe, the US, Singapore, and Japan. VeChain is used to streamline data transfers and provenance in industries like consumer goods, automotive, food safety, carbon footprint-tracking, and agriculture.

People Also Ask: Other Questions About VeChain VET

  1. What is the Future of VeChain (VET)?

    VeChain is a large market cap project and continues to release updates and developments to the blockchain. To determine its future, look at the project's fundamentals, such as its team and roadmap, to get a better idea. You can also use technical analysis by looking at VET's price history to try and predict future potential.


  2. What is VET Used For?

    VeChain uses a two-token model driven by VET and VTHOR tokens. VET is used as a means of value storage and transfer within the VeChain ecosystem, while VTHOR is used to pay for transactions. 

  3. How Do Network Consensus and Validation Work on VeChain?

    VeChain uses proof-of-authority (PoA) to achieve consensus. Transactions made on the VeChain blockchain are verified and committed in blocks by Authority Masternodes, who must stake a minimum of 25 million VET tokens and complete an identity verification process.

    This architecture gives Vechain a high degree of security, albeit with greater centralization when compared to permissionless blockchain networks.

  4. Who is the VeChain Founder?

    VeChain was founded in 2015 by co-founders Sunny Lu (the former CIO of Louis Vuitton China) and Jay Zhang.

  5. What is the Maximum Token Supply of VeChain?

    VeChain is limited to a maximum token supply of 86.712 billion VET.

  6. What is Different About VeChain?

    VeChain leverages a semi-centralized permissioned approach to consensus within the its blockchain, providing major supply chain industry organizations with a high level of security and reliability. This has led to significant partnerships between VeChain and major global manufacturers.

  7. How to Buy VeChain?

    VeChain can be purchased directly from Binance using a debit or credit card. VeChain can also be traded for other cryptocurrencies on the Binance exchange. Live VeChain price is updated in real-time on Binance. For additional instructions and information, users can read our How to Buy VeChain (VET) Guide.

  8. How to Buy Vechain on Trust Wallet?

    After making sure VET is toggled on in your wallet, click on your VET balance. You can then purchase VET via a third-party through Trust Wallet with the [Buy VeChain] button.

  9. How Much Will Vechain Be Worth in Future?

    Check out our Vechain Price Prediction page — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

VET to Local Currency

FiatPriceOperation
1 VET to TRY$ 0.044818
1 VET to RUB$ 0.044818
1 VET to EUR$ 0.044818
1 VET to AED$ 0.044818
1 VET to AUD$ 0.044818
1 VET to BRL$ 0.044818
1 VET to VND$ 0.044818
1 VET to IDR$ 0.044818
Last updated 2024/12/22 06:01 (UTC)

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