|Price to ATH||
VET coin is the native coin of VeChain Network which focuses on blockchain supply chain solutions. When it was first created, VET coins were VEN tokens on the Ethereum blockchain. The company rebranded itself in 2018 and changed its tokens to VeChainThor VET coins on its own blockchain ecosystem. VeChain blockchain network uses the Proof of Authority consensus mechanism. Users can stake VET coins and gain VTHO tokens that are governance tokens for the VeChain network. Governance participators have different voting power depending on their VTHO holdings and KYC compliances.
With a total market cap of over $1.87 billion, VeChain is the No. 37 cryptocurrency by market size. The currency symbol for VeChain is VET, it was launched in August 2017 and it originated in China. There will only ever be 86.7 billion VeChain tokens issued. So far 72.5 billion tokens (83.6% of the total supply) have been issued.
We found savings accounts offering up to 5% APR on VeChain deposits and loans as low as 8% APR against VeChain used as collateral. Check out our VeChain staking yields table and for further details.
The technical price analysis for VeChain below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of VeChain.
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