VeChain Market Capitalization Hits $2.04 Billion (VET)

VeChain (VET) traded down 1.5% against the US dollar during the twenty-four hour period ending at 0:00 AM E.T. on May 17th. One VeChain coin can currently be purchased for approximately $0.0317 or 0.00000106 BTC on major cryptocurrency exchanges. In the last seven days, VeChain has traded down 19.4% against the US dollar. VeChain has a total market capitalization of $2.04 billion and $166.51 million worth of VeChain was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed in the last day:

  • VeThor Token (VTHO) traded up 0.9% against the dollar and now trades at $0.0019 or 0.00000006 BTC.
  • Qredo (QRDO) traded down 0.7% against the dollar and now trades at $0.64 or 0.00002137 BTC.
  • Dock (DOCK) traded 3% higher against the dollar and now trades at $0.0196 or 0.00000066 BTC.
  • OG Fan Token (OG) traded 25.4% higher against the dollar and now trades at $1.86 or 0.00006246 BTC.
  • ImpulseVen (VEN) traded up 0.4% against the dollar and now trades at $0.15 or 0.00000489 BTC.
  • Oogear (OG) traded down 15.8% against the dollar and now trades at $0.0013 or 0.00000003 BTC.

About VeChain

VeChain (CRYPTO:VET) is a Proof of Authority coin that uses the VeChainThor Authority hashing algorithm. Its genesis date was August 15th, 2017. VeChain’s total supply is 86,712,634,466 coins and its circulating supply is 64,315,576,989 coins. VeChain’s official website is www.vechain.org. VeChain’s official Twitter account is @Vechain1 and its Facebook page is accessible here. The Reddit community for VeChain is /r/vechain and the currency’s Github account can be viewed here.

According to CryptoCompare, “VeChain’s Blockchain-as-a-Service (“BaaS”) platform is called ToolChain. ToolChain is a comprehensive blockchain platform offering diverse services including: product lifecycle management, supply chain process control, data deposit, data certification, and process certification. With ToolChain, any sized business can utilize blockchain technology to further enhance brand perception and value as well as to expand into new business models. “

Buying and Selling VeChain

It is usually not currently possible to purchase alternative cryptocurrencies such as VeChain directly using U.S. dollars. Investors seeking to acquire VeChain should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase VeChain using one of the exchanges listed above.

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