VeChain (VET)

$0.047

+23.8%

Stay updated on VeChain (VET) with live charts and instant updates. Get a complete view of the VeChain market, explore trading strategies, and dive into the evolving world of digital finance. Track the key factors influencing VET’s price, and benefit from in-depth news coverage and expert insights to make informed decisions.

VeChain (VET) Price Real Time-Data

The live price of VeChain (VET) is $0.047 with a 24-hour trading volume of $221.96M. Its 24-hour peak value is $0.05, and its 24-hour low is $0.041. The current circulating supply is 80.99B VET, out of a maximum of 86.71B VET, leading to a fully diluted market capitalization of $3.88B. VeChain (VET) to USD price is updated in real-time.

What is VeChain (VET)?

VeChain (VET) is an enterprise-focused blockchain platform designed to enhance supply chain management and business processes. Using blockchain and IoT technologies, VeChain aims to solve data-related challenges across various industries, providing greater transparency, efficiency, and security.

Learn more about VeChain (VET)

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FAQ

Who are the founders of VeChain (VET)?

VeChain was co-founded by Sunny Lu, a former CIO of Louis Vuitton China, and Jay Zhang, who previously worked at Deloitte and PriceWaterhouseCoopers. Together, they brought extensive experience in IT, finance, and blockchain technology to the development of VeChain.

How many VeChain (VET) are there?

VeChain has a total supply of 86,712,634,466 VET tokens, with 66,760,741,299 tokens currently in circulation.

What are the potential use cases for VeChain (VET)?

VeChain (VET) is used for a variety of purposes, including supply chain management, product authenticity verification, and business process optimization. It enables companies to track products, ensure data integrity, and streamline operations through smart contracts.

What is the history of VeChain (VET)?

Launched in 2015, VeChain is one of the oldest blockchain projects focused on enterprise solutions. It has established partnerships with major corporations like BMW, LVMH, and Walmart, becoming a leader in integrating blockchain with real-world applications.

How is VeChain (VET) Secured?

VeChain is secured by a Proof of Authority (PoA) consensus mechanism, which relies on selected masternodes to validate transactions. This method is energy-efficient and ensures network security while maintaining transparency and accountability.

What can you do with your VeChain (VET)?

With VeChain (VET), you can participate in network governance, pay for transactions, and earn VTHO tokens as a passive reward. VET can also be used within the VeChain ecosystem for various business applications.

Where to buy VeChain (VET)?

VeChain (VET) can be purchased on major cryptocurrency exchanges like Binance and Huobi Global. It is available for trading with cryptocurrencies, stablecoins, and fiat currency pairs.

What is the price of VeChain (VET) to USD and BRL?

As of the latest data, 1 VET is approximately $0.025 USD or R$0.12 BRL.