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VeThor Token

VTHO

Explore VeThor Token

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Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment Risk

Baseline risk

All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.

Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.

Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.

Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.

About VeThor Token

VTHO is one of two native tokens on the VechainThor blockchain. VechainThor is an energy-efficient, sustainable network that global enterprises and governments can use to leverage smart contracts and decentralized applications. VTHO tokens are used to pay network gas fees. VET, the other native token of the VechainThor blockchain, generates VTHO tokens. Holders of VET tokens automatically accrue and receive VTHO tokens.

VeThor Token (VTHO) is a crucial component of the VeChainThor public blockchain, a platform that strives to enhance the functionality of blockchain technology. Launched in 2015 and rebranded in 2018, VeChainThor employs two tokens: VeChain Token (VET) and VeThor Token (VTHO). While VET serves as the primary value-transfer token, VTHO plays a vital role in facilitating processes and transactions on the blockchain. VTHO, a VIP-180 Standard token, essentially represents the smart contract layer of the network. The unique dual-token design of VeChainThor allows users to engage with both tokens, diversifying their interaction with the platform.

VTHO operates within the VeChainThor blockchain, a platform that strives to improve processing speeds and an open-source design. The VeChainThor blockchain uses a proof-of-authority (PoA) consensus mechanism, which aims to validate transactions swiftly. The PoA consensus relies on approval from an Authority Masternode (AM), selected by the VeChain Foundation. Both VET and VTHO tokens are a special class of ERC-20 coins, meaning they can be stored in various cryptocurrency wallets. VTHO is generated for every VET token added to the block, facilitating transactions on the VeChainThor blockchain.

VTHO is integral to the operation of the VeChainThor blockchain, facilitating transactions and smart contracts execution. The token's primary use case is to represent the cost of using the VeChainThor blockchain. The VeChainThor blockchain aims to improve processing speeds and an open-source design, allowing developers to collaborate. The platform also developed meta-transaction features, which seek to enable multi-party payments and multi-task transactions. This versatility seeks to benefit enterprise users of all levels, allowing them to utilize blockchain capabilities.

VeThor Token was born out of the VeChain project, which was initially launched in 2015 by Sunny Lu. VeChain was a subsidiary of Bitse, one of China's largest blockchain companies, but later separated to become an independent enterprise. In 2018, the company underwent a significant rebranding process, resulting in the creation of the VeChainThor blockchain and the VeThor token. The VeChainThor blockchain and its dual-token system, including VTHO, have since been used to facilitate transactions and processes on the platform.

Market

United Kingdom Market Stats

Market cap

£209.2M

Volume (24h)

£2.5M

Circulating supply

75.4B VTHO

Typical hold time

4 days

Popularity

#238

All time high

£0.0336

Price change (1h)

-0.12%

Price change (24h)

-2.54%

Price change (7d)

-8.6%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

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Social

Some highlights about VeThor Token on social media

219 unique individuals are talking about VeThor Token and it is ranked #434 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, VeThor Token has an average sentiment score of 3.4 out of 5. Finally, VeThor Token is becoming more newsworthy, with 0 news articles published about VeThor Token. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly bullish about VeThor Token. There were 57.95% of tweets with bullish sentiment compared to 5.68% of tweets with a bearish sentiment about VeThor Token. 36.36% of tweets were neutral about VeThor Token. These sentiments are based on 88 tweets.

On Reddit, VeThor Token was mentioned in 9 Reddit posts and there were 19 comments about VeThor Token. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

219 people

Volume rank

#434

Average Sentiment

3.4 out of 5

Twitter

Reddit

Comments

19

Post Score

849

Comment Score

636

VeThor Token is on the decline this week.

The price of VeThor Token has decreased by 0.12% in the last hour and decreased by 2.54% in the past 24 hours. VeThor Token’s price has also fallen by 8.60% in the past week. The current price is £0.0028 per VTHO with a 24-hour trading volume of £2.50M. Currently, VeThor Token is valued at 91.78% below its all time high of £0.0336. This all-time high was the highest price paid for VeThor Token since its launch.

The current circulating supply of VeThor Token is 75,391,283,979 VTHO which means that VeThor Token has as total market cap of 75,391,283,979.

FAQ

What is the current price of VeThor Token?

We update our VeThor Token to GBP currency in real-time. Get the live price of VeThor Token on Coinbase.

What is the market cap of VeThor Token?

The current market cap of VeThor Token is £209.17M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of VeThor Token?

The all-time high of VeThor Token is £0.0336. This all-time high is highest price paid for VeThor Token since it was launched.

What is the 24 hour trading volume of VeThor Token?

Over the last 24 hours, the trading volume of VeThor Token is £2.50M.

What other assets are similar to VeThor Token?

Assets that have a similar market cap to VeThor Token include Wrapped Kava, Orbler, Basic Attention Token, and many others. To see a full list, see our comparable market cap assets.

How many VeThor Token are there?

The current circulating supply of VeThor Token is 75 billion.

What is the typical holding time of VeThor Token?

The median time that Coinbase customers hold VeThor Token before selling it or sending it to another account or address is 4 days.

What is the relative popularity of VeThor Token?

VeThor Token ranks 164 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Can I buy VeThor Token on Coinbase?

Yes, VeThor Token is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy VeThor Token guide.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.

This Financial Promotion has been approved by Archax LTD on February 7, 2024