Vechain is up 23%, reclaims $5B market cap: here’s where to buy Vechain

Vechain is up 23%, reclaims $5B market cap: here’s where to buy Vechain

By Daniela Kirova - min read

The live Vechain price today is approaching $0.08 with a 24-hour trading volume of $2.4 billion. The coin of the versatile, enterprise-grade, L1 smart contract platform is up 23.41% in the last 24 hours. 

If you are attracted to unique features and want to learn how and where to buy Vechain, this guide is for you.

Top places to buy Vechain now

What is Vechain?

Vechain’s mission is to leverage IoT and distributed governance technologies to build an ecosystem that solves major data issues for all kinds of industries: energy, medical, food and beverage, and more.

The platform is developing the digital backbone of the fourth industrial revolution, harnessing the power of trustless data. It will enable trustless data sharing between many agents in real time.

The platform uses two tokens, VET and VTHO. The former generates the latter, serving as a value transfer medium and store of value. The tokens create and manage value based on VeChainThor, a public blockchain.

Ecosystem members use VTHO to pay for gas fees. VET is not used for writing data.

Should I buy Vechain today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never make any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.

Vechain price prediction

Price Prediction analysts forecast a minimum price of $0.09 next year. The highest VET can go up to is $0.11. In 2024, it will be worth at least $0.13, $0.14 on average, and a maximum of $0.16.  

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