VeChain Price (VET)

VeChain logo
$0.0358-2.1%1D
Binance
VET
USD
1 VET =$0.0358Last updated:
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Price of VeChain (VET) today

As of the latest data, VeChain (VET) is currently priced at $0.0358 with a market capitalization of $2.66B. The 24-hour trading volume stands at $63.93M, The circulating supply of VeChain is approximately 72.71B. The cryptocurrency has seen a -2.16% decrease in value over the past 24 hours.

About VeChain (VET)

VeChain (VET) is a cryptocurrency asset known for its innovative features and cutting-edge technology. With a strong focus on supply chain management and authenticity verification, VeChain aims to revolutionize industries by utilizing blockchain technology. The asset's whitepaper outlines its development plan and showcases its commitment to transparency and efficiency.

VeChain's website serves as a hub for information and updates, while its active Twitter account keeps the community engaged. The asset's logo, updated regularly, reflects its evolution and growth in the market. VeChain's image, associated with the post, symbolizes its presence in the digital landscape.

Overall, VeChain stands out for its practical use case in enhancing trust and traceability in various sectors. Its technology and features make it a valuable asset for businesses looking to streamline operations and build consumer confidence. Whether tracking products or ensuring authenticity, VeChain offers a reliable solution backed by a dedicated team and a clear vision for the future.

How does VeChain work?

VeChain (VET) operates as a decentralized platform that utilizes blockchain technology to enable peer-to-peer transactions without the need for intermediaries. Its underlying blockchain technology ensures transparency, security, and immutability of data, making it ideal for various industries such as supply chain management, healthcare, and logistics. VeChain employs a Proof of Authority (PoA) consensus mechanism, where reputable nodes validate transactions, ensuring efficiency and reliability. One of its unique features is the ability to track and authenticate products throughout their lifecycle, providing consumers with trust and transparency. VeChain's diverse functionalities extend beyond financial systems, offering solutions for anti-counterfeiting, quality control, and sustainability initiatives. Its potential applications across different platforms and industries showcase its versatility and innovation in the blockchain space.

How to keep your VeChain (VET) safe?

To keep your VeChain (VET) safe, consider using hardware wallets like Ledger for enhanced security. These wallets provide an extra layer of protection by storing your private keys offline, making it harder for hackers to access your funds. Additionally, trusted platforms like Coinbase, YouHodler, and Binance offer secure storage options and advanced security features to safeguard your VET holdings. By utilizing these platforms and wallets, you can better protect your assets from potential threats and ensure peace of mind when managing your VeChain investments.

Resources

Sentiment about VeChain (VET)

Social media platforms are indicating a positive sentiment towards VeChain. The sentiment score, which represents the balance between positive and negative posts weighted by interactions, is broken down as follows:

• Reddit posts show 96%

• YouTube videos show 94%

• TikTok videos show 85%

• On X (formerly Twitter), sentiment towards VeChain varies. Approximately 56.78% of tweets express bullish sentiment, 2.08% express bearish sentiment, and 41.15% remain neutral. These sentiments are based on 699.15K tweets.

These findings are based on a total of 706.18K interactions over the last 24 hours, involving 413 unique social contributors to the topic.

This aligns with VeChain's market performance; it is currently priced at $0.04 with a market capitalization of $2.66B.

Price change data is not available at the moment.

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