Overview
- CoinRank: #118
- Algorithm: Proof of Authority (PoA)
- Mineable: No
- Token Type: Currency
- All-Time High: $0.27909713
- All-Time Low: $0.00163205
- Circulating Supply: 55,454,734,800 VET
- Release Date: September 13, 2017
VET Price Live Data
The current VeChain (VET) price is $0.020732 USD** with a **24-hour trading volume of $15.52M USD. Over the past 24 hours, VET has increased by 1.96%.
About VeChain
VeChain (VET) is a blockchain platform designed to enhance supply chain management, financial services, and smart contracts for enterprises. Initially launched in 2015 as an IoT-focused solution, VeChain rebranded in 2017 during its ICO phase.
Key Features:
Dual-Token System:
- VET: The native token, used for value transfer and governance.
- VTHO (VeThor): Generated by holding VET, used for transaction fees and dApp operations.
- Enterprise Partnerships: Collaborations with BMW, Oxford University, and agriculture/tobacco industries.
- Vision: A decentralized ecosystem for secure, transparent business data flow.
👉 Discover how VeChain’s blockchain solutions empower enterprises
Core Keywords
- VeChain Price
- VET Token
- Supply Chain Blockchain
- VeThor (VTHO)
- Enterprise Blockchain
FAQs
1. How does VeChain’s dual-token system work?
- VET holds value and generates VTHO, which powers transactions.
2. What industries use VeChain?
- Automotive (BMW), agriculture, academia (Oxford), and luxury goods.
3. Where can I buy VET?
- Major exchanges like OKX, Binance, and Huobi support VET trading.
👉 Explore VeChain trading opportunities
Conclusion
VeChain combines IoT integration and blockchain transparency to revolutionize enterprise operations. With strong institutional adoption and a clear utility model, VET remains a noteworthy player in the crypto space.
Note: Prices and data are dynamic; check real-time updates for accuracy.
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