VeChain (VET)What's VeChain price? How much potential does it have? How to buy VeChain? And where can you buy it? Find answers to all of those as well as to many others questions related to it and discover cryptos in the same category. And see how VET compares to Bitcoin based on its performance!
(Price data last updated about 1 hour ago)
Data last updated about 1 hour agoVET All Time Low/High: €0.0017143 (+1196%) / €0.234964 (-91%)
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Compare VET and BTC performance
How popular is VeChain cryptocurrency?VeChain ranks 38th among all cryptocurrencies. It has a market cap of €1604205360. The total trading volume within the last 24 hours was €51169200.
How much potential does it have?How much can VeChain grow? It's hard to say how much potential this cryptocurrency has exactly, but based on its circulating supply (72,511,146,418), it can theoretically grow at least 253x before it would become more popular than Bitcoin. This means that based on VET maximum potential it could reach €5.63001 before it would have to overtake Bitcoin.
How to buy VeChain?The easiest way to buy VET is to use a cryptocurrency exchange. There are a lot of exchanges out there these days - both centralized and decentralized. And you can find this cryptocurrency in a number of exchanges these days. Currently there should be the very minimum of 52 VeChain exchanges available.
Where can you buy it?VET should be listed in these exchanges:
Where can I find more information about VeChain?You can find more information about it through the crypto homepage and social media pages brought out on top of this page. And we always recommend you to do further research about the crypto yourself as well.
When was VET created?According to our information VET was created 15th August 2017.
What is VeChain?VeChain is a blockchain-enabled platform that is designed to enhance supply chain management processes. By utilizing tamper-proof and distributed ledger technology, VeChain provides retailers and consumers with the ability to determine the quality and authenticity of products that are bought. From product source materials, to servicing history, and spare part replacements, every single piece of information about the supply chain movement of a product can be recorded and verified to bring about a supply chain management ecosystem that is secure for all participants. VeChain plans to achieve this secure supply chain management ecosystem via the method of asset digitization. VeChain enables manufactures to assign products with unique identities to the platform. This will allow manufacturers, supply chain partners, and even consumers, to track the movement of products through their supply chain.
There is also the VeChain Foundation. The Vechain Foundation is a non - profit entity established in Singapore in July 2017 and is responsible for the construction of the network, and technological research and development. The Foundation also plays an important role in business development. The Foundation encourages and supports partnerships with enterprises that may be interested in utilizing blockchain technology as a service. This includes payment services, private key management, smart contract development, and wallet development. There is no doubt that blockchain technology can be an important innovation to supply chain management. With a growing list of business partnerships and technological developments, VeChain is positioning itself to be THE disruptive, and innovative force that reshapes the way we think about supply chain management.
The solution of "hard forking" has made people question the idea of "de-centering" of Ethereum and even Blockchain. This way of governance is not so much a "democracy" as an "anarchy." VeChain development team highly regards blockchain’s decentralizing nature, yet intends to adopt some traditional corporate governance and thus improve the efficient formulation and implementation of the VeChain development and strategy for the benefit of the community to prevent and avoid serious blockchain design philosophy differences and irreconcilability.
Sunny Lu is the CEO of the VeChain Foundation and has already become an important figure in the blockchain space. Before he established VeChain, he co-founded the Chinese Internet start-up which developed Qtum, a very important digital asset in the crypto space. He was previously the CIO and COO of Louis Vuitton China.The team behind VeChain consists of over 90+ employees, most of them being developers. Chief Technology Officer, Gu Jianliang, has over 18 years of experience in areas such as mobile devices and the IoT field, and has created over a 100 patents in several technological fields. Kevin Feng serves as the Chief Operations Officer of the VeChain Foundation. Feng has been actively involved in many technology projects in his 12 years working for VeChain’s partner, PWC, as a consultant and assurance advisor.
|Market Cap: €1604205360||Rank: #38||Volume: €51169200|
VeChain (VET) live price chart
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How big was VeChain coin volume within the last 24h?
VeChain (VET) last recorded volume was € 51169200.
How much has VeChain price changed during one year?
VET price has changed during the last year -54.13 %.
Is VET coin close to its All Time High price?
VET all time high price (ath) is €0.234964. Its current price is €0.022224. This means that the difference between VeChain (VET) All Time High price and VET current price is -91%.
What is the maximum price VeChain (VET) could VERY theoretically reach?
VET has a current circulating supply of 72,511,146,418. Based on our calculation VET could reach up to €5.63001 before it would have to overtake Bitcoin. So in theory the potential for growth is 253x its current value (€0.022224). However, keep in mind that the coin's actual potential is based on the value it provides to the user. So this is just a logical maximum potential price calculation for VeChain and in no way is it a prediction of any kind, far from it.
Where can you buy VeChain?
VeChain is currently listed on at least these crypto exchanges: WhiteBIT, BKEX, XT.COM, Binance, Crypto.com Exchange, MEXC Global, DigiFinex, WOO Network, Upbit, LBank, BitMart, Bitvavo, Binance US, KuCoin, AscendEX (BitMax), Hotbit, Bitazza, Deepcoin, Bibox, LocalTrade, LATOKEN, Bitrue, Huobi, Bitfinex, Bithumb, Nominex, Gate.io, BigONE and possibly some others.