Live VeChain Price Overview
The current VeChain (VET) price is $0.02**, with a **24-hour trading volume** of **$29.95 million. Key metrics:
- Market Cap: $1.78 billion
- Circulating Supply: 85.99 billion VET
- Max Supply: 85.99 billion VET
- Price Change (24h): -0.50%
👉 Track real-time VET price updates here
What Is VeChain (VET)?
VeChain is a blockchain platform specializing in enterprise supply chain solutions and IoT integration. It uses two native tokens:
- VET: Transfers value across the network.
- VTHO: Powers smart contracts (gas fees).
Key Features:
- Supply Chain Transparency: Tracks product authenticity, storage, and logistics.
- Enterprise Focus: Optimizes data flow for complex supply chains.
VeChain Market Data
1. Market Capitalization
VeChain’s market cap is $1.78 billion, reflecting its valuation and adoption.
2. Trading Activity
- 24h Volume: $29.95 million (1.45B VET traded).
- Liquidity: High trading activity indicates strong market participation.
3. Price & Supply
- Current Price: $0.02 per VET.
- Circulating Supply: 85.99 billion VET (fully diluted).
4. Popularity Rank
VET ranks #60 among cryptocurrencies by market cap.
FAQs About VeChain (VET)
Q1: How does VeChain improve supply chains?
A: By using blockchain to verify product authenticity and streamline logistics for businesses.
Q2: What’s the difference between VET and VTHO?
A: VET is for transactions; VTHO is "gas" for smart contracts.
Q3: Why is VeChain’s price volatile?
A: Like most cryptocurrencies, VET reacts to market demand, adoption trends, and broader crypto sentiment.
Q4: Where can I buy VeChain (VET)?
A: Major exchanges like 👉 OKX list VET for trading.
Q5: What’s VeChain’s max supply?
A: Capped at 85.99 billion VET (no future inflation).
Key Takeaways
- VeChain bridges blockchain with real-world enterprise needs.
- VET and VTHO serve distinct roles in the ecosystem.
- Monitor market cap and trading volume for liquidity insights.