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Live vtho Price
₹ 0.223933
4.53%
Price Changes
₹ 0.01014416
4.53%
24h Low
₹ 0.211998
24h High
₹ 0.233924
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VTHO
Price
INR
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VeThor is the secondary token of the VeChainThor blockchain and is designed to facilitate transactions, smart contract execution, and data sharing on the network. VTHO is automatically generated by holding the primary VeChain token (VET) and serves as the gas for the blockchain’s operations. This dual-token system ensures efficiency and scalability for enterprise-level blockchain applications.
VeThor is part of the VeChain ecosystem, which was founded in 2015 by Sunny Lu, a former CIO of Louis Vuitton China. The VeChainThor blockchain was created to enhance supply chain transparency and business efficiency, with VTHO playing a critical role in network transactions.
• Transaction facilitation: Powers all transactions and operations on the VeChainThor blockchain.
• Low-cost execution: Designed for cost-effective smart contract execution and data sharing.
• Dual-token economy: Works alongside VET to balance stability and utility in the ecosystem.
• Automatic generation: VTHO is generated passively by holding VET tokens.
VeThor is integral to the functionality of the VeChainThor blockchain, making it a utility token with significant real-world applications. Ranked among the top 150 cryptos by market cap, VTHO has steady growth potential as more enterprises adopt the VeChain ecosystem for supply chain solutions, data sharing, and blockchain-based efficiency.
You can buy VTHO from crypto exchanges like CoinSwitch.
• Transaction gas: Use VTHO to pay for transactions and operations on the VeChainThor blockchain.
• Smart contract execution: Power low-cost smart contracts using VTHO.
• Data sharing: Facilitate secure and efficient data sharing on the blockchain.
• Staking rewards: Earn VTHO passively by holding VET tokens.
• Powers all operations on the VeChainThor blockchain.
• Automatically generated by holding VET tokens, offering passive income.
• Supports a wide range of enterprise applications, including supply chain management.
• Dependent on the adoption of the VeChain ecosystem.
• Faces competition from other blockchain platforms offering similar functionalities.
• Price volatility due to its niche use case as a utility token.
• Start investing in VTHO with just ₹100.
• CoinSwitch provides a seamless and intuitive trading experience for all users.
• Easily manage your transactions and portfolios on the app.
VeThor Token (VTHO) is part of VeChain’s dual-token system, serving as the energy token required to power transactions on the VeChainThor blockchain. VTHO is generated by holding VeChain Tokens (VET) and is consumed when conducting operations on the network, creating a flexible and scalable economic model.
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1. How does VeThor (VTHO) differ from VeChain (VET)?
VeThor (VTHO) is the secondary token in the VeChain ecosystem, while VeChain (VET) is the primary token. VET is used for staking and governance, whereas VTHO acts as the gas token to facilitate transactions and smart contract execution on the VeChainThor blockchain. VTHO is generated passively by holding VET tokens.
2. How can I earn VTHO?
VTHO is automatically generated by holding VeChain (VET) tokens in your wallet. This dual-token system allows you to earn VTHO passively while benefiting from the stability and utility provided by VET.
3. What are the main use cases of VTHO?
VTHO is primarily used to power transactions, smart contract execution, and data sharing on the VeChainThor blockchain. It serves as the gas to facilitate low-cost operations on the network, making it a crucial component of the ecosystem’s functionality.
4. Is VeThor (VTHO) a good investment?
Highlight
VeThor (VTHO) is a utility token that powers transactions on the VeChainThor blockchain, enabling efficient and low-cost smart contract execution and data sharing.
VTHO Price Today
VTHO Price
₹0.223933
Price Change 24h
4.53%
Price Change 7d
2.73%
Market Rank
#174
Market Cap
₹1,918 Cr.
Trade Vol 24h
₹130 Cr
Circulating Supply
₹8,874 Cr. VTHO
Trading Activity
56% Buy44% Sell
Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.
