Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject.
VeChain (VET) is a blockchain platform that improves supply chain management and business processes. It utilizes a dual-token system, with VET serving as the main currency on the platform and VeChainThor Energy (VTHO) used to pay for transactions.
Read Price Prediction for VeChain [VET] for 2023-24
VeChain aims to provide a secure and transparent way for businesses to track their products and services, from production to sale. It has partnerships with several major companies, including BMW and PwC, and has been used in a variety of industries, including luxury goods, agriculture, and logistics.
VET has seen significant price fluctuations since its launch. In the first half of 2022, it saw a considerable decline in value, going from around $0.08 to over $0.02. The second half saw the token ranked 34th, ranging between $0.027 and $0.018.
At press time, VET was trading at $0.02795, up over 11% over the past 24 hours. The token has a market capitalization of $2,024,512,366, with a 24-hour trading volume of $155,851,286.
VeChain aims to provide a secure and transparent way for businesses to track their products and services, from production to sale. It has partnerships with several major companies, including BMW and PwC, and has been used in a variety of industries, including luxury goods, agriculture, and logistics.
VET has seen significant price fluctuations since its launch. In the first half of 2022, it saw a considerable decline in value, going from around $0.08 to over $0.02. The second half saw the token ranked 34th, ranging between $0.027 and $0.018.
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