Launched in 2015 as a private consortium network, the VeChain Foundation went on to develop the VeChainThor public blockchain, a fully programmable EVM compatible L1 smart contract platform that is adaptable to wide-ranging real-world needs. Supply chain, sustainability, carbon emissions, SDGs, De-Fi, NFTs and more, VeChainThor seamlessly handles it all.
A unique two-token model ensures low and stable transaction costs while an advanced Proof-Of-Authority consensus mechanism guarantees high throughput, scalability, and security with minimal energy consumption, culminating in zero downtime for the network after 3+ years of continuous operation.
VeChain Technology continues to pioneer real-world blockchain applications across the globe with offices in China, Singapore, Luxembourg, Japan, France, San Marino and the United States.
Strong independent development capabilities combined with the professional compliance guidance of strategic partners PwC and DNV GL has enabled VeChain to establish partnerships with leading enterprises including Walmart China, Bayer China, BMW Group, BYD Auto, PICC, H&M Group, Shanghai Gas, LVMH, D.I.G, ASI Group and more.
Where is VeChain available for purchase?
You can exchange VET tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading VeChain is Binance, notably the VET/USDT pair, which saw a trading volume of $ 20,66 MLN. in the past day. Additionally, Upbit and FameEX are popular alternatives for trading tokens.
What is the highest value VeChain (VET) has ever reached?
VeChain (VET) reached its peak price at 0.2809 $ on 19 April 2021, approximately 4 years ago ago. Presently, the current price is -90.9% lower than this all-time high.
What is the historical minimum price for VeChain (VET)?
The minimum price reached for VeChain (VET) was 0.001917 $, documented on 13 March 2020, more than 5 years ago. In comparison, the current price is 1,233.09%, it above this historical low.
What is the fully diluted valuation of VeChain (VET)?
The fully diluted valuation (FDV) of VeChain (VET) stands at $ 2,19 BN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 86,712,634,466 VET tokens. The realization of this FDV might take several years depending on the emission schedule of VET tokens.