VeChain Price VET

#77

$0.0130

2.07%

Buy Now

Price Information

1 Year Change

-68.09%

All Time High

$9.55 -99.86%

Volume 24h

0.0 B $ -45.16%

Market Cap

1.1 B $ 2.07%

Buy Now

Price Alert

Create a price alert and never miss the best entry time again

Set Price Alert

About VeChain

VET Price Pulse: What’s Moving It?

VeChain (VET), currently priced at $0.0131, has experienced a 2.93% increase over the last 24 hours, reflecting renewed investor interest. With a market capitalization exceeding $1.12 billion, VET remains a significant player in the blockchain space, especially within supply chain and enterprise solutions. Factors driving this upward movement include heightened adoption of VeChain's technology by businesses aiming to integrate blockchain for transparency and efficiency.

Additionally, broader market trends such as increased institutional attention to blockchain projects with real-world use cases are contributing to VET's price action. Positive news surrounding partnerships, product upgrades, or regulatory clarity in key markets often acts as a catalyst for short-term price surges.

VET Price Catalysts: Bull Case & Bear Case

Bull Case: VeChain’s unique focus on supply chain management and its growing adoption by major corporations can fuel sustained demand for VET tokens. Strategic partnerships with well-known companies in various industries—from luxury goods to food safety—highlight VeChain's practical applications, enhancing investor confidence. Furthermore, developments like the launch of VeChainThor 2.0 and ongoing ecosystem expansion may unlock new value, driving prices higher.

Bear Case: Conversely, VeChain is not immune to broader cryptocurrency market volatility. Regulatory uncertainties and competition from other blockchain platforms targeting supply chain solutions could hamper growth. If VeChain fails to continuously innovate or secure high-profile partnerships, investor interest may wane, putting downward pressure on the asset’s price. Additionally, macroeconomic factors such as rising interest rates or geopolitical tensions could lead to risk-off sentiment affecting all crypto assets, including VET.

Frequently asked questions

Why is VeChain going up right now?

VeChain is currently experiencing a price increase due to growing adoption of its blockchain technology by enterprises, positive market sentiment towards real-world blockchain applications, and ongoing developments within the VeChain ecosystem that are driving investor confidence.

What is VeChain used for?

VeChain is a blockchain platform primarily focused on enhancing supply chain management by providing transparent, secure, and efficient tracking solutions for products and assets.

Is VeChain a good investment?

VeChain’s value depends on its ability to increase adoption, maintain technological advantages, and succeed against competitors. Retail investors should consider these factors alongside market conditions before investing.

How does VeChain's market cap compare to other cryptocurrencies?

With a market capitalization of over $1.12 billion, VeChain ranks among mid-tier cryptocurrencies, reflecting significant but not top-level market presence compared to giants like Bitcoin or Ethereum.

What risks affect VeChain’s price?

VeChain’s price can be impacted by regulatory changes, competitive pressure from other blockchain platforms, overall crypto market volatility, and its ability to maintain and grow its enterprise partnerships.

Where can I buy or trade VeChain?

VeChain (VET) is available on most major cryptocurrency exchanges, including Binance, KuCoin, and OKEx, allowing retail investors to buy, sell, or trade the token easily.

Popular VeChain Exchanges

View All

eToro is a multi asset social trading platform. Its standout feature is copy trading, letting you mimic successful investors. User-friendly and regulated, it’s great for both beginners and experienced traders.

Rating:

3.2

Reviews:

Bitget, founded in 2018 during a crypto downturn, is a global exchange focused on user-centric innovation. With roots in traditional finance, its team saw blockchain’s potential early on. Today, Bitget aims to make crypto trading more accessible while promoting long-term industry growth.

Neverless is a new crypto trading platform created by former Revolut executives. It’s fully regulated in Europe and aims to make crypto more accessible by offering commission-free trading, competitive pricing, and support for over 700 cryptocurrencies. Users can also earn high yields on their assets and quickly buy crypto using Apple Pay or Google Pay.

Crypto.com is a global cryptocurrency platform that lets users buy, sell, and trade digital assets. It offers a secure wallet, a crypto-backed Visa card, staking, DeFi services, and various financial products designed to make crypto accessible for everyday use.

Rating:

2.9

Reviews:

Bit2Me is a prominent Spanish crypto broker, established in 2014. With 230+ cryptocurrencies available, it provides a safe, user-friendly, and comprehensive trading experience, underpinned by its industry-leading customer service.

Rating:

4.4

Reviews:

Coinbase is a digital asset broker headquartered in San Francisco, offering exchanges of Bitcoin, Ethereum, and other crypto assets in 32 countries, and bitcoin transactions and storage in 190 countries worldwide.

Rating:

3.5

Reviews:

ChangeNOW is a non-custodial service created for simple and fast cryptocurrency exchanges. They do not store funds or require any sort of account creation.

Rating:

4.2

Reviews:

Binance is the world’s leading blockchain ecosystem, with a product suite that includes the largest digital asset exchange. Their mission is to be the infrastructure provider for crypto in tomorrow’s world.

Rating:

3.4

Reviews: