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VeChain (VET) is the 43rd largest cryptocurrency in the world by market cap, valued at $2,105,773,658. The current price of VeChain is $0.02449, which is -0.122% lower than yesterday. Prices have ranged between $0.02462042 and $0.02372216 over the past 24 hours. All prices are listed in US dollars and accurate as of February 07, 2023 01:02 UTC.
VeChain was founded in 2015. This blockchain platform is intended to revolutionise supply chain management by making it easy to track the entire lifecycle of a product, allowing retailers and consumers to quickly verify the quality and authenticity of just about anything they buy.
VeChain is designed to create a more transparent market and to give people access to reliable information about the products they buy and sell. VeChain aims to be a secure and easy way for product manufacturers to collect, store and share product details with retailers and consumers. VeChain works by giving each product a unique ID and VeChain smart chip tracker. The platform is intended to serve 4 primary purposes:
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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