VeChain (VET) traded 13.9% lower against the dollar during the 24 hour period ending at 22:00 PM E.T. on August 4th. One VeChain coin can now be purchased for $0.0205 or 0.00000038 BTC on cryptocurrency exchanges. VeChain has a market capitalization of $1.66 billion and $41.50 million worth of VeChain was traded on exchanges in the last 24 hours. Over the last seven days, VeChain has traded 26.9% lower against the dollar.
VeChain Profile
VET is a Proof of Authority coin that uses the VeChainThor Authority hashing algorithm. It was first traded on June 1st, 2016. VeChain’s total supply is 85,985,041,177 coins and its circulating supply is 80,985,041,177 coins. VeChain’s official website is www.vechain.org. The Reddit community for VeChain is https://reddit.com/r/vechain and the currency’s Github account can be viewed here. VeChain’s official message board is vechainofficial.medium.com. VeChain’s official Twitter account is @vechainofficial and its Facebook page is accessible here.
According to CryptoCompare, “VeChain (VET) is the native cryptocurrency of the VeChainThor blockchain. VET is used as a medium of exchange for activities and transactions on the VeChainThor blockchain and serves as a “fuel” to power the network. VET holders have the right to vote on governance decisions, participate in Proof of Authority (PoA) consensus, and receive rewards in the form of VTHO tokens. VET holders will also be able to benefit from other financial services such as staking, lending, and trading on third-party exchanges. With its innovative features, VeChainThor is positioned to be one of the most influential public blockchains, and VET is an integral part of this ecosystem.”
VeChain Coin Trading
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