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Cryptocurrencies:  7,500Markets:  31,612Market Cap:  $396,029,538,37224h Vol:  $72,436,756,980BTC Dominance:  61.0%
Market Cap:  $396,029,538,37224h Vol:  $72,436,756,980BTC Dominance:  61.0%Cryptocurrencies:  7,500Markets:  31,612
VeChain

VeChain (VET)

$0.011927 USD (-3.76%)
0.00000091 BTC (-3.23%)
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  • Market Cap
    $767,080,537 USD
    58,764 BTC
  • Volume (24h)
    $118,444,731 USD
    9,074 BTC
  • Circulating Supply
    64,315,576,989 VET
  • Total Supply
    86,712,634,466 VET
  • Historical data for VeChain

    Currency in USD
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    DateOpen*HighLowClose**VolumeMarket Cap
    Date
    DateOpen*HighLowClose**VolumeMarket Cap
    Feb 14, 2020
    0.008075
    0.008353
    0.007627
    0.008323
    186,689,116
    461,572,884
    Feb 13, 2020
    0.007505
    0.008159
    0.007462
    0.008026
    183,735,774
    445,079,052
    Feb 12, 2020
    0.007459
    0.007901
    0.007394
    0.007467
    187,011,973
    414,096,322
    Feb 11, 2020
    0.006558
    0.007503
    0.006384
    0.007503
    170,686,826
    416,083,965
    Feb 10, 2020
    0.006836
    0.006887
    0.006386
    0.006518
    138,176,261
    361,439,364
    Feb 09, 2020
    0.006643
    0.006867
    0.006613
    0.006804
    133,127,104
    377,337,006
    Feb 08, 2020
    0.006790
    0.006829
    0.006514
    0.006687
    117,831,477
    370,828,187
    Feb 07, 2020
    0.006755
    0.006946
    0.006653
    0.006830
    151,824,707
    378,764,358
    Feb 06, 2020
    0.006507
    0.006940
    0.006405
    0.006794
    164,272,722
    376,783,195
    Feb 05, 2020
    0.006512
    0.006642
    0.006329
    0.006507
    156,243,121
    360,863,243
    Feb 04, 2020
    0.006272
    0.006601
    0.006233
    0.006509
    141,368,939
    360,934,409
    Feb 03, 2020
    0.006259
    0.006344
    0.006141
    0.006309
    132,983,998
    349,845,023
    Feb 02, 2020
    0.006005
    0.006401
    0.005842
    0.006259
    148,855,762
    347,074,078
    Feb 01, 2020
    0.005779
    0.006164
    0.005741
    0.006005
    147,597,569
    333,032,158
    Jan 31, 2020
    0.005661
    0.005839
    0.005504
    0.005779
    125,555,435
    320,467,753
    Jan 30, 2020
    0.005758
    0.005823
    0.005654
    0.005658
    124,423,470
    313,758,445
    Jan 29, 2020
    0.005824
    0.005895
    0.005687
    0.005723
    114,816,850
    317,363,281
    Jan 28, 2020
    0.005768
    0.005910
    0.005722
    0.005824
    114,334,307
    322,941,641
    Jan 27, 2020
    0.005739
    0.005903
    0.005650
    0.005771
    103,413,512
    320,009,065
    Jan 26, 2020
    0.005622
    0.005738
    0.005544
    0.005709
    87,851,202
    316,608,940
    Jan 25, 2020
    0.005623
    0.005676
    0.005494
    0.005622
    83,094,813
    311,755,852
    Jan 24, 2020
    0.005584
    0.005670
    0.005485
    0.005621
    99,091,804
    311,727,731
    Jan 23, 2020
    0.005881
    0.005884
    0.005458
    0.005579
    104,354,296
    309,369,866
    Jan 22, 2020
    0.005995
    0.006013
    0.005859
    0.005878
    90,656,447
    325,953,110
    Jan 21, 2020
    0.005843
    0.006009
    0.005789
    0.005964
    104,464,919
    330,759,501
    Jan 20, 2020
    0.005884
    0.005961
    0.005774
    0.005844
    104,468,826
    324,097,163
    Jan 19, 2020
    0.006253
    0.006269
    0.005828
    0.005883
    127,129,952
    326,262,717
    Jan 18, 2020
    0.006358
    0.006399
    0.006120
    0.006256
    138,845,322
    346,948,367
    Jan 17, 2020
    0.005906
    0.006592
    0.005826
    0.006357
    138,571,075
    352,511,114
    Jan 16, 2020
    0.006004
    0.006071
    0.005705
    0.005905
    101,044,054
    327,480,990
    Jan 15, 2020
    0.005998
    0.006181
    0.005763
    0.006003
    127,790,121
    332,911,758
    Jan 14, 2020
    0.005443
    0.006070
    0.005392
    0.006006
    135,435,700
    333,048,997
    Jan 13, 2020
    0.005541
    0.005549
    0.005358
    0.005440
    76,878,705
    301,692,150
    Jan 12, 2020
    0.005531
    0.005612
    0.005425
    0.005541
    99,761,625
    307,289,415
    Jan 11, 2020
    0.005458
    0.005541
    0.005359
    0.005535
    186,894,921
    306,915,543
    Jan 10, 2020
    0.005361
    0.005550
    0.005340
    0.005452
    140,759,599
    302,332,825
    Jan 09, 2020
    0.005512
    0.005512
    0.005341
    0.005367
    93,401,748
    297,643,593
    Jan 08, 2020
    0.005595
    0.005598
    0.005305
    0.005521
    79,053,437
    306,181,695
    Jan 07, 2020
    0.005736
    0.005767
    0.005506
    0.005590
    67,461,953
    309,991,968
    Jan 06, 2020
    0.005508
    0.005766
    0.005487
    0.005735
    73,540,805
    318,032,626
    Jan 05, 2020
    0.005667
    0.005718
    0.005492
    0.005504
    60,517,803
    305,240,316
    Jan 04, 2020
    0.005335
    0.005695
    0.005307
    0.005673
    60,583,439
    314,586,656
    Jan 03, 2020
    0.005108
    0.005431
    0.005046
    0.005336
    66,999,698
    295,890,911
    Jan 02, 2020
    0.005367
    0.005401
    0.005073
    0.005097
    59,081,069
    282,669,992
    Jan 01, 2020
    0.005241
    0.005490
    0.005228
    0.005367
    64,586,744
    297,602,286

About VeChain

VeChain price today is $0.011927 USD with a 24-hour trading volume of $118,444,731 USD. VeChain is down 3.76% in the last 24 hours. The current CoinMarketCap ranking is #27, with a market cap of $767,080,537 USD. It has a circulating supply of 64,315,576,989 VET coins and the max. supply is not available. You can find the top exchanges to trade VeChain listed on our crypto exchanges page.

What Is VeChain (VET)?

VeChain (VET) is a blockchain-powered supply chain platform. Begun in 2015 and launched in June 2016, VeChain aims to use distributed governance and Internet of Things (IoT) technology to create an ecosystem which solves some of the major problems with supply chain management.

The platform uses two in-house tokens, VET and VTHO, to manage and create value based on its VeChainThor public blockchain.

The idea is to boost the efficiency, traceability and transparency of supply chains while reducing costs and placing more control in the hands of individual users.

Who Are the Founders of VeChain (VET)?

VeChain is the product of creator and co-founder Sunny Lu, an IT executive who was formerly CIO of Louis Vuitton China.

Lu has since become a well-known name within the cryptocurrency industry. He has drawn attention to the ability of blockchain technology to solve transparency in particular, arguing that it can create “trust-free” structures which do not suffer from corruption as part of the supply chain.

Fellow co-founder Jay Zhang, who directs VeChain's global corporate structure, governance, and financial management, previously worked for both Deloitte and PriceWaterhouseCoopers in the finance and risk management sphere.

Having launched in June 2016, VeChain is one of the oldest dedicated blockchain supply chain platforms on the market.

What Makes VeChain (VET) Unique?

VeChain exists to disrupt traditional supply chain models, an industry which before blockchain had remained little changed over the decades.

Using transparent technology with no single point of weakness or control allows for greater security, efficiency and ease of tracking products in a given supply chain, while reducing cost through trustless automation.

VeChain’s model thus appeals to businesses looking to reduce supply chain friction and give a more transparent impression to clients.

VeChain’s official literature notes that its unique proposition lies in its dual-token setup, among other features. In-house token fees combine with charges for various services to generate operating income for the company, while token holders can engage in activities such as staking, thus providing liquidity in return for rewards.

Read more about Orchid here.

Read more about PIVX here.

New to cryptocurrency? Check out Alexandria, CoinMarketCap’s dedicated education suite.

How Many VeChain (VET) Coins Are There In Circulation?

VeChain has two in-house tokens: VeChain (VET) and VeThor (VTHO). Described as a unique offering for such a platform, the dual-token system is designed to avoid fee fluctuations and network congestion.

VET is the token used for transactions and other activities, while VTHO provides fee payments and thus functions as a “gas token,” similar to how gas functions for Ethereum (ETH) transactions.

VET holders automatically generate a small amount of passive income in VTHO, while 70% of the VTHO used in a VET payment is destroyed.

VTHO is generated based on VET holdings, while VET itself has a maximum fixed supply of 86,712,634,466 tokens.

How Is the VeChain (VET) Network Secured?

VeChain (VET) is a proof-of-stake token, and VeChain itself explains that relatively low computing power is required to achieve network security and maintain user consensus.

A separate feature, proof-of-authority, involves authority masternode operators maintaining the protocol in their own interest according to rules laid down by parent organization, the VeChain Foundation.

Where Can You Buy VeChain (VET)?

VET is a freely-tradable token available on major exchanges, while markets also exist for VTHO.

VET had major markets on Binance and Huobi Global among other platforms, with pairs for cryptocurrencies, stablecoins and fiat currencies.

If you’re new to cryptocurrency and want to know how to buy Bitcoin (BTC) or any other token, you can read more here.

VeChain Price Today

VeChain Price$0.011927 USD
24 Hour High / Low
$0.012571 USD /
$0.011763 USD
24 Hour Volume$118,444,731 USD
Market Cap$767,080,537 USD
Market Rank#27

Yesterday's VeChain Price

Yesterday's High / Low
$0.012431 USD /
$0.012051 USD
Yesterday's Open / Close
$0.012229 USD /
$0.012288 USD
Yesterday's Change$0.000059 USD (0.48%)
Yesterday's Volume$117,232,879 USD

Historic VeChain Price

7 Day High / Low
$0.012571 USD /
$0.010745 USD
30 Day High / Low
$0.013660 USD /
$0.009764 USD
90 Day High / Low
$0.022917 USD /
$0.009744 USD
52 Week High / Low
$0.022917 USD /
$0.001678 USD
All Time High
$0.022917 USD
(Aug 09, 2020)
All Time Low
$0.001678 USD
(Mar 13, 2020)
VeChain ROI
-20.70%

VeChain Supply Details

Circulating Supply64,315,576,989 VET
Total Supply86,712,634,466 VET
Max SupplyNo Data
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