Since both tokens are used on the same platform, yet their application varies. Currently, its circulating supply is 64,315,576,989 coins. Decoding VeChain Thor: Evolution of VeChain - Blockchain Council VTHO is what you use to facilitate a transaction. However, the price retreated to $0.156 on 25 April, dropping to as low as $0.076 on 23 May. The use of the two token on the network is different. Each VET generate 0.000432 VTHO daily or 37,459,858.09 VTHO generated daily from 86,712,634,466 of total VET supply. What is VeChain (VET)? - Forex Recommend Compare Arweave (AR) with VeThor Token (VTHO). Doing this, though, will once again affect the price. What is Vechain (VET)? Things to Know About Vechain VET is the coin that supports VeChain, while VTHO is the gas token utilized for transactions on the VeChainThor Blockchain. The major difference between VET and VTHO is the way both tokens are used. Difference Between VET and VTHO Tokens The difference between the two tokens is in their usage on the network. The platform utilizes a dual token system, VET and VTHO, with VET primarily a store of value and 'smart money' on the network while VTHO is consumed as the 'energy' for transactions in the network -- somewhat similar to GAS in Ethereum or Neo. COMPLETE guide to VTHO cryptocurrency [2022] - Chick Golden VET is the token used when transactions on decentralized applications happen on VeChain's blockchain. 0. The platform uses its own native token known as VeChain tokens (VET). 100 Million VTHO Airdrop for VET Holders | Binance But based on deep-learning technical analysis, Gov Capital's VTHO crypto price prediction expected the price rise to accelerate to $0.0517 by the end of 2025 and $0.0748 by January 2027. One performs the function of 'GAS' in that it's necessary to make use of to write info to the Blockchain (VTHO) the other (VET) generates VTHO by holding it and acts as the medium of value transfer within the ecosystem at large. The current CoinMarketCap ranking is #290, with a live market cap of $84,589,530 USD. What Is VeChain (VET) Coin? | SoFi VTHO trades at $0.011, with a circulating supply of around 42 billion tokens and a market cap of $447 million.