VeChain
About VeChain
VeChain is a blockchain-based platform, aimed at disrupting supply chain management using distributed governance and Internet of Things (IoT) technologies. It utilizes two internal tokens, VET and VTHO, to manage and generate value on the VeChainThor public blockchain. VeChain's goal is to augment supply chain efficiency, allowing for transparency and traceability while also decreasing costs and delivering more control to individual users.
In the last hour, VeChain's price has seen a change of -0.16%, and over the past 24 hours, its price has moved by -2.79%. Over the previous week, VeChain's price has moved by +8.11%. The current price of VeChain is $0.009263, accompanied by a trading volume of 20.51M in the last day. VeChain's price is currently 96.67% below its all-time high of $0.2782, which remains the highest price VeChain has achieved since its launch. The circulating supply of VeChain stands at 85.99B, translating to a total market capitalization of 796.5M.
Market stats
Frequently asked questions
What is VeChain's technology used for?
VeChain's technology is primarily used to enhance supply chain management by enabling businesses to track, authenticate, and manage products across the supply chain more effectively. By utilizing blockchain technology and IoT integration, VeChain ensures transparency and trust throughout the entire process.
How does VeChain differentiate itself from other cryptocurrencies?
VeChain sets itself apart by focusing on real-world use cases and practical applications. While many cryptocurrencies are purely speculative, VeChain aims to provide solutions for businesses in various industries, including logistics, healthcare, and agriculture, through its blockchain technology.
What is VeChain's approach to sustainability and environmental impact?
VeChain is committed to sustainability and reducing environmental impact. By digitizing processes and improving transparency in supply chains, VeChain helps companies optimize operations, minimize waste, and make more environmentally conscious decisions.
What is a VeChain wallet?
A VeChain wallet is where you can securely store VeChain. A wallet helps you maintain ownership of your asset as well as enable you to trade, send or receive crypto-assets.
What is a VeChain address?
A VeChain address is a string of unique characters that is tied to your VeChain wallet. The address functions just like a bank account number and it is what you use in order to send VeChain from your wallet, or to receive VeChain to your wallet.
What are the most popular cryptocurrencies besides VeChain?
Besides VeChain, you can find over 150 assets available on Rain for you to start trading such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USDC, Ripple (XRP), DOGE, Tether (USDT), Chainlink (LINK) or BCH. You can explore these options by going to the homepage of your account and scrolling through the available assets. When you are ready to start trading, simply click on the asset of your choice and click Trade.
What will the price of VeChain be in next 5 years?
Price predictions for VeChain over the next five years are highly speculative and depend on crypto market conditions, adoption, and broader crypto trends. We encourage you to do your own research and make informed decisions.
Is trading VeChain taxable?
Trading VeChain may be considered taxable in some countries with varying tax rules, so we recommend checking with your local tax authority or financial advisor for specific guidance.
What is VeChain's ATH?
VeChain’s all-time high (ATH) was $ 0.2782 on 17 Apr 2021. This represents the highest recorded market price of the asset to date.
When will VeChain be available on Rain?
We’re always working to expand our listed assets. While we can not provide a specific listing date for VeChain just yet, stay tuned for updates by following us on our official social channels like X.
What is the market cap of VeChain?
With a market capitalization of 796.5M, VeChain is ranked 71 among other crypto assets.
What is the all-time high of VeChain?
The highest valuation of VeChain since its launch was at $0.2782, marking its all-time high.
What is the 24-hour trading volume of VeChain?
The trading activity of VeChain over the last 24 hours was at 20.51M, highlighting its liquidity in the market.
How many VeChain are there in circulation?
There are approximately 85.99B units of VeChain currently in circulation, affecting its market dynamics.
What is the relative popularity of VeChain?
VeChain market cap is around 796.5M.
When was VeChain created?
VeChain was introduced on 30 Jun 2018.