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How to Buy vechain
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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.
Buy vechainHappening now
AI generated 12h ago
VET climbed ↗22% in daily trading volume since Friday morning, ranking twenty-first in Layer 1.
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Sign me up1.7K
-12.69%
1K
-2.09%
723
-22.76%
1.4K
ARS 3.22T
ARS 3.25T
86B VET
87B VET
86B VET
#52
0.06%
ARS 101.88B
2.99%
ARS 833.79B
ARS 3.50T
ARS 420.11
2.43%
VET vs markets
↘ 45.18%
VET vs BTC
↘ 43.85%
VET vs ETH
↘ 40.07%
Tags
logistics
data-provenance
iot
smart-contracts
+3
Network | Address | |
---|---|---|
VeChain | NA |
Time | Price | Change |
---|---|---|
Today | ARS 37.42 | ↘ 4.73% |
1 Day | ARS 39.15 | ↘ 4.73% |
1 Week | ARS 35.76 | ↘ 1.60% |
1 Month | ARS 30.71 | ↗ 7.69% |
1 Year | ARS 26.16 | ↗ 2.43% |
AI generated 12h ago
VET climbed ↗22% in daily trading volume since Friday morning, ranking twenty-first in Layer 1.
Market Position
•
Volume surged ↗22% while overall market dropped ↘34% in daily activity
•
Weekly gains of roughly 2% trail category leaders like AVAX
•
Monthly performance up ↗7%, outpacing broader market's slight decline
Past Stories
The latest VET price is ARS 37.42. Compared to vechain's value of ARS 39.15 from 24 hours ago, there's been a -5% decrease, while the current price is -2% down from ARS 35.76 which was recorded one week ago. vechain's all time high is ARS 420.11, which was reached on April 17, 2021. This is a -91% change from its price today.
The current circulating supply of vechain is 85,985,041,177. This is 99% of its max supply of 86,712,634,466 VET and 100% of its total supply of 85,985,041,177. The market cap is currently ARS 3.22T, which is a result of multiplying the current price of vechain(ARS 37.42) by the total supply(85,985,041,177 VET). The fully diluted valuation of vechain is ARS 3.25T. The diluted valuation of vechain is ARS 3.25T.
vechain had 1,030 buyers, 723 sellers and total 1,693 trades in the last 24h. vechain was searched 1,385 times in the last 24h.
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.
VeChain operates using an identifier system known as VeChain IDs, which are assigned to products and tracked at each step of a supply chain, creating an environment for all parties involved. The platform seeks to provide stakeholders with detailed information about products and business processes, thereby increasing market transparency and making international trade more efficient. VeChain software allows enterprise developers to create and run decentralized applications (dApps), offering a higher level of services and goods. The project also uses proprietary solutions and developments, including ToolChain, My StoryTool, the VeChainThor blockchain, and Internet of Things (IoT) technology to facilitate processes.
VeChain aims to improve upon traditional business models, particularly in the supply chain industry. By using transparent technology with no single point of control, VeChain seeks to provide greater security, efficiency, and ease of tracking for all kinds of data, while reducing costs through trustless automation via smart contracts. The platform has wide appeal to many different clients and industries, with potential use cases in carbon, supply chain, international logistics, incentivized ecosystems, automobile passports, and more. VeChain's blockchain was designed to simplify supply chain management processes by making inventory tracking more transparent. The platform itself is based on distributed ledger technology to streamline operations and process a flow of information for complex supply chains.
VeChain began in 2015 as a private consortium chain, working with a host of enterprises to explore applications of blockchain. The transition to a public blockchain began in 2017 with the ERC-20 token VEN, before launching a mainnet of their own in 2018 using the ticker VET. VeChain aims to enhance efficiency, traceability, and transparency across data trails, supply chains, and within various kinds of ecosystems. VeChain is an established smart contract platform with a history of serving enterprise clients. The VeChain network uses a Proof of Authority (PoA) consensus mechanism, which requires relatively low computing power to achieve network security.
We update our vechain to ARS currency in real-time. Get the live price of vechain on Coinbase.
The current market cap of vechain is ARS 3.22T. A high market cap implies that the asset is highly valued by the market.
The all-time high of vechain is ARS 420.11. This all-time high is highest price paid for vechain since it was launched.
Over the last 24 hours, the trading volume of vechain is ARS 101.88B.
Assets that have a similar market cap to vechain include Pudgy Penguins, Cosmos, Kaspa, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of vechain is 86 billion.
vechain ranks 19 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
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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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Trending articles
Popularity in posts
#43
Contributors
1,802
Posts
4,102
% About vechain
0.321%
Articles
2
Hold times
0 days
X (Twitter)
21.47% bullish
Sentiment
4.3 ★
Highlights
1,802 unique individuals are talking about vechain and it is ranked #43 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 85 out of 5. Finally, vechain is becoming less newsworthy, with 2 news articles published about vechain.
On Twitter, people are mostly neutral about vechain. There were 39.27% of tweets with bullish sentiment compared to 82.93% of tweets with a bearish sentiment about vechain. 60.73% of tweets were neutral about vechain. These sentiments are based on 3553 tweets.
On Reddit, vechain was mentioned in 190 Reddit posts and there were 828 comments about vechain. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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