- #199
VeThor Token VTHO
During the accumulation phase, trading volumes are significantly higher than usual. The price fluctuates within a range for extended periods, delivering failed breaks in both directions, which makes it harder to analyse future price move. Find out more at dropstab.com/insights/accumulation-phase
VTHO Price
Market Cap
$251.67 MRank #199FDV
$250.79 MRank #282Investors
X Followers
Detailed Performance
VTHO shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
VTHO to USD Converter
Exchanges
Exchanges type
About VeThor Token (VTHO)
What is VeThor Token?
VeThor Token (VTHO) is the native utility token of the VeChainThor blockchain. It represents the cost of using the VeChainThor blockchain and is consumed or burned after certain blockchain operations are performed. VTHO is generated by holding VeChain Token (VET) in a compatible wallet, and it serves as a means to pay for transaction fees and smart contract executions on the VeChainThor network.
What makes VeThor Token unique?
VeThor Token (VTHO) is unique compared to other cryptocurrencies because it serves a specific purpose within the VeChain ecosystem. VTHO is used as the energy or fuel to power transactions and execute smart contracts on the VeChain blockchain. It is generated by holding VeChain Token (VET) in a VeChainThor wallet. This two-token economic model ensures that VET holders are incentivized to hold and stake their tokens to generate VTHO, which can then be used for various activities within the VeChain ecosystem. This unique economic model helps to create a stable and non-volatile trading environment for both VET and VTHO.
Live VeThor Token Price Data
The current price of VeThor Token (VTHO) is approximately $0.002824, reflecting a increase of 7.50% in the last 24 hours. The VTHO trading volume in the last 24 hours stands at $9.93 million. VeThor Token's market cap is currently $251.67 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of VTHO is 88.80 billion.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand VeThor Token's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on VTHO, check out our crypto insights page.