cryptocurrency widget, price, heatmap
arrow
Burger icon
cryptocurrency widget, price, heatmap
Cryptocurrencies/Coins/VeChain (VET)
VeChain price, market cap on Coin360 heatmap

VeChain(VET)

Arrow icon
Add to Watchlist
$0.029046
(-2.56%)
0.00000044 BTC
Market Cap (Rank#50)
$2,112,033,471
31,756 BTC
Vol 24h
$11,924,064
179.286 BTC
Circulating Supply
72,714,516,834
Max Supply
86,712,634,466
14 days agocoindesk
U.S. President Biden Vetoes Resolution Overturning SEC Guidance
U.S President Joe Biden signed a veto of a House Joint Resolution that would have repealed the Securities and Exchange Commission's (SEC) Staff Accounting Bulletin 121.
14 days agocoindesk
Wall Street Asks Biden Not to Veto Congress' Rejection of SEC Crypto Policy
In a rare lobbying overlap with crypto world, Wall Street banks and members of Congress are asking President Joe Biden to reverse course on his vow to veto the U.S. congressional resolution to overturn the U.S. Securities and Exchange Commission's (SEC) crypto accounting policy.
16 days agocoindesk
TradFi Rushes In: Goldman Sachs Digital Assets Lead Matthew McDermott on the Institutional Embrace of Tokenization
The financial industry veteran discusses ETFs, tokenization and future banking blockchain opportunities at Consensus 2024.
19 days agonulltx
BlockDAG’s Dashboard Insights | Analyzing NEAR Protocol’s Market Cap | VeChain Price Analysis
BlockDAG Launches Enhanced Dashboard, Surpasses $34.5M NEAR Protocol Market Cap & Elevates VeChain Price BlockDAG has introduced significant enhancements to its dashboard, revealing substantial whale transactions and establishing new industry standards with its upgraded functionality and real-time data. This release coincides with NEAR Protocol nearing its annual peak in market […]
23 days agocoindesk
Biden Does Not Threaten Veto Against House Crypto Market Structure Bill, But 'Opposes Passage'
U.S President Joe Biden's White House published a statement of administrative policy Wednesday saying the administration opposed the passage of the Financial Innovation and Technology for the 21st Century Act, but without threatening to veto the bill.
24 days agocoindesk
Web3 Marketing Startup Spindl Launches On-Chain Ad Network
Crypto wallet activity is a better way to find sales prospects than "weird, sketchy Web2 data," says Spindl CEO (and Facebook vet) Antonio Garcia Martinez.
29 days agocoindesk
U.S. Senate Votes to Kill SEC's Crypto Accounting Policy, Testing Biden's Veto Threat
The U.S. Senate joined the House of Representatives on Thursday in seeking to erase the controversial Securities and Exchange Commission (SEC) crypto policy known as Staff Accounting Bulletin No. 121, though President Joe Biden has vowed to veto the resolution.
29 days agonulltx
Analyst Says Don’t Bet On Dogecoin Reaching, Buy This Utility Altcoin Instead
A crypto analyst has provided compelling reasons why the doggy-themed meme coin might only rally below the coveted $1 price target. Instead, investors are advised to go into utility altcoins like ETFSwap (ETFS), which are set to witness explosive rallies. Dogecoin (DOGE) $1 Target May Be Out Of Reach Crypto […]
35 days agocoindesk
DOJ Said to Snub Sullivan & Cromwell, Appoint Competitor to Coveted Binance Monitorship: Bloomberg
The Department of Justice (DOJ) has chosen a London-based consulting firm for a coveted three-year monitorship of Binance, according to a Friday report from Bloomberg citing anonymous sources.
37 days agocoindesk
House Poised to Vote on Erasing SEC Crypto Policy While President Biden Vows Veto
The U.S. House of Representatives is poised to vote on a resolution Wednesday to reject the Securities and Exchange Commission (SEC) cryptocurrency accounting guidance that the industry said has deterred banks from handling crypto customers, but President Joe Biden is already promising he'll veto the effort if it hits his desk.
40 days agonulltx
BlockDAG’s Remarkable 30,000x ROI & Launch Of X1 Miner App Set To Transform Crypto Mining Amid CRO Crypto Stability And VeChain Price Uptrend
While the latest CRO crypto updates show a stable market and VeChain (VET) exhibits a strong price uptrend, BlockDAG steals the limelight with its rapid presale progress and the upcoming launch of the X1 miner app. Having already amassed $22.9 million from its 10th presale batch and preparing for batch […]
43 days agocoindesk
TradFi Veterans Pitch Tokenized Asset Marketplace With Eyes on U.S. Regulatory Approval
Ironlight, helmed by the former global head of trading of Schroeder and Abu Dhabi's sovereign wealth fund ADIA with the ex-CEO of TD Bank as an adviser, aims to be a premier tokenization, listing and trading ecosystem for real-world assets targeting big investors.
46 days agocoindesk
Chart Veteran Who Predicted Bitcoin’s 2018 Collapse Says the Bull Market May Be Over
Brandt's latest view is based on a statistics concept called "exponential decay."
47 days agonulltx
The Crypto Landscape – Ethereum’s Fluctuations, Dogecoin’s Surge, And BlockDAG’s Innovative Speed With A $21M Presale
The cryptocurrency sector is in constant flux, revealing new opportunities for both veteran investors and newcomers. While traditional options like Ethereum and Dogecoin remain popular for their foundational values, emerging technologies like BlockDAG with a presale that has raised $21 million so far, are capturing attention with their groundbreaking features […]
54 days agonulltx
BlockDAG Presale Hits $19M Following DAGpaper Release & Moon Keynote Teaser, Silences Solana & Dogecoin
BlockDAG has catalysed a seismic shift in the cryptocurrency sector with its recent launch of the DAGpaper, propelling a presale boom to $19 million and positioning itself prominently ahead of veterans like Solana and Dogecoin. This surge is not just about numbers; it represents BlockDAG’s innovative stride in utilising a […]
70 days agonulltx
BDAG’s Presale, VeChain’s Uptick, and Poodl Inu’s Start
BlockDAG Dominates With Over $13.2M Presale and Innovative Technology, Amid VeChain’s Rise and Poodl Inu’s Presale Buzz Amid the crypto market’s vibrant activity, VeChain (VET) emerges with a promising 600% price increase prediction by market analysts, while Poodl Inu (POODL) achieves a notable milestone in its presale, indicating its ascent […]
77 days agonulltx
Altcoin Season Is Starting. Could Raboo Be a Better Investment Than XRP and Tron?
As altcoin season unfolds, the crypto landscape buzzes with anticipation, placing newcomers like Raboo (RABT) in direct comparison with veterans such as XRP and Tron (TRX). This heightened activity and speculation period brings Raboo, currently in its presale for just $0.003, into the investment spotlight alongside XRP, with its optimistic […]
78 days agonulltx
Pepe (PEPE) does social work as Arbitrum (ARB) unlocks tokens; Algotech (ALGT) surpasses $2.5 million in presale
Pepe (PEPE) will offer funds for the conservation of frogs and their habitat. Arbitrum (ARB) has unlocked the tokens vetted since February 2023. Algotech (ALGT) presale has raised more than $2.5 million in two stages. Are you willing to invest in the crypto market but unable to find the right […]
85 days agonulltx
BlockDAG Puts VeChain and Koala Presale Hype to Rest with 5000x Potential and $6.3 Million Haul
VeChain is in the midst of a rally, following recent VET crypto news regarding the VeBetterDAO platform launch. In the presale market, Koala Koin (KLC) is grabbing attention but the BlockDAG network, raising more than $6.3 million is the best pick with investors picking it for high returns and long-term […]
118 days agonulltx
VECHAIN PRICE ANALYSIS & PREDICTION (February 17) – VET Completely Breaks Out Of Bearish Zone After A Massive Explosion, Signals Bull Run
As volatility flows into the lower-cap altcoins, VeChain’s price exploded by 100% weekly and rallied hard to a new multi-month high after two years of trading in a bearish zone. It signals bullish and looks ready for a bull run. After marking resistance near the $0.039 level during the late […]
136 days agocryptodaily
Ripple (XRP), Cardano (ADA) and ScapesMania: The Race to $1 in the 2024 Crypto Market
Are you ready for the next big crypto race? Ripple (XRP) and Cardano (ADA) are on the verge of a massive surge, eyeing the coveted $1 mark in the 2024 crypto market! Stay tuned to witness these altcoins potentially outshine Bitcoin and Ethereum, and redefine the cryptocurrency landscape.
137 days agocryptopotato
Analyst Backs Bitcoin Price to $50k in February as Another Trader Highlights Bitcoin Minetrix’s Potential
It’s been a mixed start to 2024 for Bitcoin (BTC), with the coin rising to $49,000 on January 11 before falling 21% in the 12 days that followed. However, one veteran analyst remains bullish on Bitcoin’s prospects, providing a price target of $50,000 and predicting that the coin could hit that level as early as […]
141 day agocryptodaily
Experts Foresee $0.008 Cryptocurrency Outpacing Polygon (MATIC) to Hit $1 Sooner
The cryptocurrency market is witnessing a riveting contest as experts anticipate a new contender, Pandoshi, currently priced at $0.008, to outpace Polygon (MATIC) in reaching the coveted $1 mark
143 days agocryptodaily
Paper Ventures Launches Early Stage Web3 Fund With Industry Veterans
Paper Ventures Launches Early Stage Web3 Fund With Industry Veterans

About VeChain?

The live price of VeChain (VET) today is 0.029046 USD, and with the current circulating supply of VeChain at 72,714,516,834 VET, its market capitalization stands at 2,112,033,471 USD. In the last 24 hours VET price has moved -0.000883 USD or -0.03% while 12,019,003 USD worth of VET has been traded on various exchanges. The current valuation of VET puts it at #50 in cryptocurrency rankings based on market capitalization.

Learn more about the VeChain blockchain network and how it works or follow the price of its native cryptocurrency VET and the broader market with our unique COIN360 cryptocurrency heatmap.

VeChain is the name of a supply chain-focused blockchain platform founded in 2015 by Sunny Lu, former chief information officer (CIO) of Louis Vuitton China, and Jay Zhang.

Powered by the VeChainThor blockchain, VET coin is the VeChain ecosystem's native coin or cryptocurrency. VET initially existed as the ERC-20 VEN token on Ethereum, and the VEN to VET swap was done in 2018 when the platform transitioned to its own public blockchain network.

VeChain's mission is to make supply chain management and the tracking of other business processes more transparent and efficient using blockchain technology. With support for smart contracts, VeChain also intends to facilitate the creation of decentralized applications (DApps) along with IoT integrations.

Some of the key areas in which VeChain aims to excel are the improved traceability and anti-counterfeiting of luxury items.

The network actually relies on two native cryptocurrencies, VET coin, which is used to vote on changes to the protocol, and VTHO, or VeChainThor Energy, used for transactions on the blockchain.

VET price

According to our VET USD live price chart, VET coin saw a significant price increase in 2020 when it went from almost $0.009 to $0.022 between June. 24 to July. 8, registering a 150%+ increase in just 14 days. VET price then went on to set an all-time high of over $0.023 on Aug. 9, 2020.

However, VET coin price in USD terms saw the most success in 2021, where it started at just above $0.02 on Jan. 1 before going to $0.06 by Feb. 12 — a gain of over 200%.

The price of VET coin continued this upward trend for the next few months, with another major spike coming in April when the VeChain cryptocurrency hit a new all-time high, going from around $0.04 on Feb. 28, 2021, to nearly $0.28 on April. 17, 2021 — a price surge of more than 670%. This high put VET’s fully diluted valuation at around $24 billion.

However, the price of VET cryptocurrency subsequently dropped and it traded as low as $0.04 in Q1, 2022.

How VET works

The VeChain platform operates on the VechainThor blockchain, a blockchain intended to provide businesses with better security, scalability, and most importantly affordability. It has two tokens, VET and VTHO. VET is used for voting on network protocols alongside storing and transferring value. VTHO, on the other hand, serves as gas used to confirm transactions on the blockchain, much like Ether on the Ethereum network.

The VeChainThor blockchain uses the proof-of-authority (PoA) consensus protocol. Users who are responsible for validating and adding new blocks on the blockchain are known as master nodes. To run master nodes, users are asked to stake 25 million VET and undergo a complete KYC/identity disclosure process.

While the way VeChainThor works allows for faster processing of transactions, it does end up receiving criticism on account of lack of decentralization.

VET news, updates, and highlights

In January 2018, Vechain announced that DNV GL, a Norwegian audit company, would be providing its customers with VeChain's blockchain services. They also announced the development of "My Story" in collaboration with VeChain, a blockchain-powered assurance solution, allowing brands to share enhanced tracking information with customers.

On June. 25, 2019, the VeChain Foundation announced that Walmart China, with the help of the VeChainThor blockchain, will launch the Walmart China Blockchain Traceability Platform. The platform aims to ensure that customers can confidently purchase products with the knowledge that they are authentic and safe.

On Nov. 16, 2021, VeChain announced its upgrade to PoA (proof-of-authority) 2.0 consensus mechanism, with the goal to improve the network's security alongside making block verification more environmentally friendly.

Frequently asked questions about VET

  • Can you mine or stake VET coin?

While you cannot mine VET because it uses PoA consensus, you can stake your VET tokens to earn VTHO tokens which are distributed on a monthly basis. Remember VeChain uses a two-token model.

  • What are some of the best VET wallets?

Since VeChain has its own native blockchain, it is not supported by most wallets. However, VeChain offers wallets for both iOS and Android users. You can also use Atomic wallet for desktop and mobile, whereas the Ledger Nano S is a compatible hard wallet that supports VET.

  • What can you do with VET?

VET tokens can be used for staking which grants users the power to vote on network upgrades and earn VTHO tokens in return for every block.

  • How to buy VET coin?

VeChain (VET) tokens can be bought by exchanging them for BTC, ETH, and USDT on exchanges like HitBTC and MEXC Global. You can also use fiat currency to buy VET tokens on exchanges like Changelly.

VeChain Price0.029046 USD
Market Rank#50
Market Cap2,112,033,471 USD
24h Volume11,924,064 USD
Circulating Supply72,714,516,834 VET
Max Supply86,712,634,466 VET
Yesterday's Market Cap2,088,706,560 USD
Yesterday's Open / Close0.029608 USD / 0.028725 USD
Yesterday's High / Low0.02989 USD / 0.027987 USD
Yesterday's Change
-0.03% ( 0.000883 USD )
Yesterday's Volume12,019,003 USD
Select...
/
Select...
Powered by  Cryptocurrency prices in USD, market cap, volume
Sorry, no liquidity for this pair
Community
reddit icontwitter icon
Source Code
cryptocurrency widget, price, heatmap
v 5.6.18
© 2017 - 2024 COIN360.com. All Rights Reserved.