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vechain

VET

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Market

Market stats

Market cap

$2.8B

Volume (24h)

$116.3M

Circulating supply

72.7B VET

Typical hold time

18 days

Popularity

#42

All time high

$0.28

Price change (1h)

+0.37%

Price change (24h)

-6.47%

Price change (7d)

-20.93%

About vechain

VET 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. VET tokens are the “value-transfer medium” across the VechainThor blockchain. VET tokens govern the network and generate VTHO tokens. VTHO is the other native token of the VechainThor blockchain which is used to pay network gas fees.

VeChain (VET) is an enterprise-grade L1 smart contract platform that seeks to leverage distributed governance and Internet of Things (IoT) technologies to create an ecosystem that addresses major data challenges for various global industries. The platform uses two tokens, VET and VTHO, to manage and create value based on its VeChainThor public blockchain. VET generates VTHO and acts as the store of value and value transfer medium, while VTHO is used to pay for GAS costs, separating the need to expend VET when writing data. This dual-token system is designed to avoid fee fluctuations and network congestion. VeChain was founded by Sunny Lu, an IT executive who was formerly CIO of Louis Vuitton China, and Jay Zhang, who previously worked for both Deloitte and PriceWaterhouseCoopers in the finance and risk management sphere.

News about vechain

The Block • Mar 18, 24

Dogwifhat memecoin’s iconic photo sold as NFT for $4.3 million

Crypto trader Gigantic Rebirth Ventures (GCR) made the winning bid of 1,210.8 ETH on the Foundation platform.

Read more

News Article Image

DL News • Mar 18, 24

Solana volume leapfrogs Ethereum as memecoin frenzy seen sending price to $415

Another memecoin frenzy has pushed Solana's overnight trading volumes higher than those of rival cryptocurrency Ethereum.

Read more

News Article Image

The Block • Mar 18, 24

Standard Chartered raises Bitcoin price target to $150,000 by year-end

Standard Chartered Bank has raised its bitcoin price prediction target to $150,000 from its previous estimate of $100,000.

Read more

News Article Image

The Block • Mar 18, 24

Figure launches new blockchain-focused entity after raising $60 million in Series A

Figure Technologies announced that it is launching a company named Figure Markets, focused on developing a blockchain-native exchange.

Read more

News Article Image

BeInCrypto • Mar 18, 24

Solana Skyrockets Past $200: Unveiling 3 Key Growth Drivers

Solana breaks the $200 mark, driven by its expanding DeFi ecosystem, record DEX volumes, and robust staking growth, signaling a strong market position and future potential.The post Solana Skyrockets Past $200: Unveiling 3 Key Growth Drivers appeared first on BeInCrypto.

Read more

News Article Image

The Block • Mar 18, 24

Spot bitcoin ETFs reach record highs for weekly inflows and trading volume

Weekly net inflows into U.S. spot bitcoin ETFs reached a record $2.57 billion last week. Trading volume also hit a record $35.1 billion.

Read more

News Article Image

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Social

Some highlights about vechain on social media

1,830 unique individuals are talking about vechain and it is ranked #38 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, vechain has an average sentiment score of 3.5 out of 5. Finally, vechain is becoming more newsworthy, with 0 news articles published about vechain. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about vechain. There were 32.38% of tweets with bullish sentiment compared to 1.59% of tweets with a bearish sentiment about vechain. 66.03% of tweets were neutral about vechain. These sentiments are based on 630 tweets.

On Reddit, vechain was mentioned in 66 Reddit posts and there were 141 comments about vechain. 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

1,830 people

Volume rank

#38

Average Sentiment

3.5 out of 5

Twitter

Reddit

Posts

66

Comments

141

Post Score

25,497

Comment Score

27,280

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

vechain is on the decline this week.

The price of vechain has increased by 0.37% in the last hour and decreased by 6.47% in the past 24 hours. vechain’s price has also fallen by 20.93% in the past week. The current price is $0.0383 per VET with a 24-hour trading volume of $116.30M. Currently, vechain is valued at 86.23% below its all time high of $0.28. This all-time high was the highest price paid for vechain since its launch.

The current circulating supply of vechain is 72,714,516,834 VET which means that vechain has as total market cap of 72,714,516,834.

FAQ

What is the current price of vechain?

We update our vechain to USD currency in real-time. Get the live price of vechain on Coinbase.

What is the market cap of vechain?

The current market cap of vechain is $2.79B. A high market cap implies that the asset is highly valued by the market.

What is the all time high of vechain?

The all-time high of vechain is $0.28. This all-time high is highest price paid for vechain since it was launched.

What is the 24 hour trading volume of vechain?

Over the last 24 hours, the trading volume of vechain is $116.30M.

What other assets are similar to vechain?

Assets that have a similar market cap to vechain include Optimism, Wrapped HBAR, Hedera, and many others. To see a full list, see our comparable market cap assets.

How many vechain are there?

The current circulating supply of vechain is 73 billion.

What is the typical holding time of vechain?

The median time that Coinbase customers hold vechain before selling it or sending it to another account or address is 18 days.

What is the relative popularity of vechain?

vechain ranks 27 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Can I buy vechain on Coinbase?

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

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