VeChain Information

VeChain is a blockchain platform designed to enhance supply chain management and business processes. It aims to streamline these operations and information flow, using distributed ledger technology to ensure data transparency and security. The platform is particularly noted for its dual-token system, which separates the roles of its native cryptocurrency and transaction processing currency, to facilitate a more robust and efficient ecosystem.

VeChain

$0.05

Title : VeChain
Symbol : vet
Current Price $ : 0.04932602 $
High 24h : 0.051586 $
Low 24h : 0.04411903 $
Price Change 24h : 0.00339751 $
Price Change % 24h : 7.39738 %
Market Cap : 3993353890
Whitepaper : https://vechain.org/assets/whitepaper/VeBetterDAO-whitepaper.pdf
Website : https://www.vechain.org
Community : https://linktr.ee/vechain_official
Total Volume : 271374894
Market Cap Change 24h : 270757996
Market Cap Change % 24h : 7.27337 %
Return on Investment (ROI) : 419.39276648522 %
Circulating Supply : 80985041177
Total Supply : 85985041177
Max Supply : 86712634466
Last Updated : 2025-01-21 23:53
All Time High (ATH) : 0.280991
ATH Change % : -82.46846 %
ATH Date : 2021-04-19 01:08
All Time Low (ATL) : 0.00191713
ATL Change % : 2469.56913 %
ATL Date : 2020-03-13 02:29

more information

Unveiling VeChain: A Comprehensive Overview

VeChain, symbolized as VET, has carved a niche in the vast landscape of cryptocurrencies with its specific use case and unique attributes. As we delve deeper into what makes VeChain stand out, we'll explore its journey, benefits, challenges, and what the future might hold for this intriguing digital asset.

The Revolutionary Aspect of VeChain

VeChain was founded with the vision of disrupting traditional supply chain management by leveraging blockchain technology. By offering a transparent, immutable platform where stakeholders can verify authenticity, VeChain presents a revolutionary approach that extends beyond typical cryptocurrencies focused on decentralization and transactions.

The Rise and Growth of VeChain

Since its inception, VeChain has demonstrated exponential growth through strategic partnerships and technological advancements. The project has secured collaborations with renowned companies across various sectors, including luxury goods, agriculture, logistics, and more. This has significantly accentuated its utility, promoting its adoption and fostering growth beyond mere speculation.

VeChain’s price history reflects its volatile journey—initial interest drove significant adoption and investment, notably peaking around April 2021 with an all-time high of $0.280991. However, like many cryptocurrencies, its value has also plummeted, currently standing at approximately $0.0226 per VET.

Strengths of VeChain

One of VeChain's primary advantages is its real-world application and strategic partnerships. By merging the blockchain with products and services in various industries, it offers transparent and efficient solutions, which differentiates it from many cryptocurrencies focusing solely on financial services or digital assets.

Additionally, VeChain's robust infrastructure, consisting of a dual-token system (VET and VTHO), facilitates scalability and minimal transaction costs. This design aims to make transactions more efficient while maintaining network security and reliability.

Challenges and Criticisms

Despite its promising approach, VeChain faces several challenges. Competitive pressure from other blockchain solutions offering similar services can pose a threat. Furthermore, regulatory issues remain a concern, as the technology continues to adapt to the complex standards of different industries across the globe.

Another critical point of contention is centralization. VeChain's governance model has been criticized for being too centralized, potentially compromising the decentralized ethos that blockchain technology aims to uphold. This degree of central control could impact its adoption, especially amongst purists in the crypto community who prioritize decentralization.

Future Outlook for VeChain

The future of VeChain is intertwined with its ability to expand its ecosystem, enhance technological features, and solidify its presence in new and existing markets. As the world progresses towards digitization and sustainability, VeChain’s sustainability solutions could become increasingly relevant.

With escalating interest in blockchain's role in supply chain transparency amid global trade challenges, VeChain's position appears promising. Nevertheless, sustained success will rely on its capacity to navigate the regulatory landscape, expand its partnership network, and innovate consistently.

Conclusion

VeChain stands as a potent symbol of blockchain's potential beyond cryptocurrency itself, by targeting industry-specific solutions with real-world applications. Its journey has been marked by ups and downs, but with ongoing development and strategic foresight, VeChain continues to be a pivotal player in both the cryptocurrency and global enterprise landscapes. As always, potential investors should conduct thorough research and consider all market factors before engaging with any digital assets, including VeChain.

General Information
from price $0
Title VeChain
Symbol vet
Whitepaper https://vechain.org/assets/whitepaper/VeBetterDAO-whitepaper.pdf
Website https://www.vechain.org
Community https://linktr.ee/vechain_official
Last Updated 2025-01-21 23:53

Price Data
Current Price $ 0.04932602 $
High 24h 0.051586 $
Low 24h 0.04411903 $
Price Change 24h 0.00339751 $
Price Change % 24h 7.39738 %

Market Data
Market Cap 3993353890
Total Volume 271374894
Market Cap Change 24h 270757996
Market Cap Change % 24h 7.27337 %
Return on Investment (ROI) 419.39276648522 %

Supply and Availability
Circulating Supply 80985041177
Total Supply 85985041177
Max Supply 86712634466

Historical Data
All Time High (ATH) 0.280991
ATH Change % -82.46846 %
ATH Date 2021-04-19 01:08
All Time Low (ATL) 0.00191713
ATL Change % 2469.56913 %
ATL Date 2020-03-13 02:29