VeChain (VET) Pops 6%: Time To Make Money?

For today, the price for VET token is making up $0.124560 along with the 24 Hour Trading Vol of $847,903,011. During the last 24 hours, the price of the crypto has changed from $0.116667 moving upwards on the chart to $0.124559, making a 6% growth. For the last week, the token’s highest point was at $0.155013 with the lowest point at $$0.111525. Currently, VeChain Market Cap Rank is #24. It has a circulating supply of 66,760,741,299 when the total supply was 86,712,634,466.

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 that 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.

Michael Rowels

Weekend Contributor.Writing for business and finance publishers has become his passion over the last decades after he completed a master's degree in Financial Management. Sharing some opinions and forecasts to thousands of readers is a routine job for him but he never promises to invest in one stock.