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Vethor

VeThor Token (VTHO)VeThor Token is one of the two tokens employed by the VeChainThor public blockchain. The VeThor Token is a VIP-180 Standard token, which represents the cost of using the VeChainThor blockchain. Its primary purpose is to facilitate processes and transactions on the blockchain, and it essentially represents the smart contract layer of the network. Anyway, the VTHO chart is straightforward and amazing. A big triangle pattern has formed. VTHO recently bounced off the bottom and broke the downtrend line too. Let's see if VTHO can reach the triangle's upper line.
CRYPTO:VTHOUSDLong
by SaeedSalehinia
#VTHOUSDT #1D (ByBit) Falling wedge breakout and retestVeThor Token (gas of CRYPTOCAP:VET ) is pulling back to 50MA support and looks good for a bounce followed by a bullish continuation from here. ⚡️⚡️ #VTHO/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (2.0X) Amount: 4.9% Current Price: 0.003380 Entry Targets: 1) 0.003304 Take-Profit Targets: 1) 0.004978 Stop Targets: 1) 0.002634 Published By: @Zblaba $VTHO BYBIT:VTHOUSDT.P #VeThor #VET #VeChain vechain.org Risk/Reward= 1:2.5 Expected Profit= +101.3% Possible Loss= -40.6% Estimated Gaintime= 1 month
Long
by TradingOn
Vethor Projection and rising scallop. In this idea I am investigating Vethor and seeing what kind of profit we can project for stake holders of VET. So looks like we got a clean Ascending Scallop and we will see some decent movement. Not a lot compared to other coins, but when you get Vethor free just for holding VET doesn't much matter if the interest token goes up as it is best to take what you can get. If you agree throw me a like and follow me for unique ideas and Charts that keep you in the gains! - Much love to my supporters ND
Long
by The_New_Disciple
VET (VeChain) Coin Analysis 28/03/2022Fundamental Analysis: VeChain (VET) is a versatile enterprise-grade L1 smart contract platform. VeChain began in 2015 as a private consortium chain, working with a host of enterprises to explore applications of blockchain. VeChain had begin their transition to public blockchain in 2017 with the ERC-20 token VEN, before launching a mainnet of their own in 2018 using the ticker VET. VeChain aims to use distributed governance and Internet of Things (IoT) technologies to create an ecosystem which solves major data hurdles for multiple global industries from medical to energy, food & beverage to sustainability and SDG goals. By leveraging the power of trustless data, VeChain is building the digital backbone that will underpin the fourth industrial revolution, which demands real-time and trustless data sharing between many participants. The platform uses two tokens, VET and VTHO, to manage and create value based on its VeChainThor public blockchain. VET generates VTHO and acts as the store of value and value transfer medium. VTHO is used to pay for GAS costs, separating the need to expend VET when writing data. This has the additional benefit of ensuring costs of using the network can be kept stable by tweaking certain variables such as the amount of VTHO required to service a transaction, or by increasing the VTHO generation rate. Such actions first require all-stakeholder community votes. VeChain has been able to demonstrate massively boosted efficiency, traceability and transparency across data trails, supply chains and within novel kinds of ecosystems, such as those in San Marino targeting UN SDGs, among others. VeChain exists to disrupt traditional business models, and is best known for its work in supply chain, an industry that has changed little over the decades. Its work in providing a decentralized trust layer for multi-party ecosystems has already seen major successes with high profile clientele and government bodies. Using transparent technology with no single point of weakness or control allows for greater security, efficiency and ease of tracking for all kinds of data, while reducing costs through trustless automation via smart contracts. Carbon, supply chain, international logistics, incentivized ecosystems, automobile passports and more all greatly benefit from the digitization of trust and collaboration it enables. VeChain’s platform accordingly has very wide appeal to many different clients of clients and industries. VeChain’s official literature notes that its unique proposition lies in its dual-token setup alongside transformative protocols such as 'fee delegation' and it's one-stop 'ToolChain' platform that means crypto-wary companies can pay in fiat for VeChain's Blockchain-as-a-service, while smart contracts handle gas payment costs, ensuring frictionless use of the network, even in strict jurisdictions. VeChain (VET) is a Proof of Authority (PoA) token, requiring relatively low computing power to achieve network security versus a protocol such as Bitcoin. A recent CTI report showed that VeChain's annual carbon footprint is incredibly small at just 2.4% of the emissions of mining a single Bitcoin, thus making PoA an incredibly efficient consensus mechanism for securing the network. Proof-of-authority, is a process wherein authority master node operators are selected by an independent Steering Committee, thus giving them 'authority' to run a maste rnode. This model is particularly attractive for enterprises who want assurances about the integrity and quality of validators running the network, and assurances bad actors can be ejected if needed. VeChain is the product of creator and co-founder Sunny Lu, an IT executive who was formerly CIO of Louis Vuitton China. Lu has since become a well-known name within the cryptocurrency industry. He has drawn attention to the ability of blockchain technology to solve transparency in particular, arguing that it can create “trust-free” enterprise/business structures that do not suffer from information corruption thanks to close working collaborations with key auditing/certification consultants such as PriceWaterhouseCoopers and DNV who verify data quality and certify industrial processes. Fellow co-founder Jay Zhang, who directs VeChain's global corporate structure, governance, and financial management, previously worked for both Deloitte and PriceWaterhouseCoopers in the finance and risk management sphere. Having originally begun life in 2015, VeChain is one of the oldest dedicated smart contract platforms on the market, with reflected prestige among enterprise clients. VeChain has two in-house tokens: VeChain (VET) and VeThor (VTHO). Described as a unique offering for such a platform, the dual-token system is designed to avoid fee fluctuations and network congestion. VET is the token used for transactions and other activities, while VTHO provides fee payments and thus functions as a “gas token,” similar to how gas functions for Ethereum (ETH) transactions. VET holders automatically generate a small amount of passive income in VTHO, while 70% of the VTHO used in a VET payment is destroyed. VTHO is generated based on VET holdings, while VET itself has a maximum fixed supply of 86,712,634,466 tokens. At the time of writing (28/03/2022) - there are 45.63 Billion tokens in circulation according to VeChainStats. The current CoinMarketCap ranking is #35, with a live market cap of $4,748,746,013 USD. It has a circulating supply of 64,315,576,989 VET coins and a max. supply of 86,712,634,466 VET coins. Technical Analysis: The Asset has been Fallen to its 85% Low of the All Time High and this is the very good sign of becoming undervalued and initiation of the Smart Money Flow which took Place. After the Reaccumulating phase got over the Asset has been Pumped to its 78.6% of the Fibonacci Retracement Level and currently is waiting for the Repumps. There exist a Bullish divergence of Price value and MACD, which can be interpreted as the bearish Trend reversal and Start of the New Bullish Trend which eventually Initiate the New Bullish cycle. We have defined the total of 4 Probable Price Targets with Fibonacci Trend Based Extension levels, where as the 3 TP gets its Confirmation as the 2 TP gets Triggered followed by the Price Value Correction and some Retracements. All of the Defined Targets are having Many Confluences with different Fibonacci levels so they can act as the very Important Pivot Points. Earlier Analysis: VET Coin, Done on: 09/03/2021
Long
by BitonGroup
2
VeChain heading towards $ 10Hello everyone, Today we would like to take a look at VeChain as I think we are presented with a great opportunity here. The price was currently still in a downward trend, which shows the structure of a diagonal. Such a diagonal is characterized by 5 waves and each of these individual waves is shorter than the previous one. This is extremely important in order to be classified as a diagonal. Now that we've broken this structure, I believe we could finally exit this downtrend and impulsively move to new highs again. I am assuming we are in a major wave 3 as we have corrected more than 50% of the last impulse overall So this means that the next wave is very likely to be 162% as long as the last wave, which leads to a price target of around $10. What do you think about VeChain? Are you invested yourself? This is no financial advice.
by RT_Trading_
10
VeThor - VTHO is one of crypto using Proof of Authority (POA) VeThor Token is one of the two tokens employed by the VeChainThor public blockchain. VeChain was initially launched in 2015, but it went through a heavy rebranding process in 2018. While VeChain Token (VET) is the native token for the platform, VeThor Token (VTHO) plays an essential role in the overall functionality of the blockchain. The VeChainThor network relies on a proof-of-authority (PoA) consensus mechanism, which allows it to validate transactions more swiftly Rank #167 Token On 97,837 watchlists VeThor Token Price (VTHO) $0.009693 3.86% 0.0000001544 BTC1.02% 0.000002163 ETH0.51%
V
by doqstrader
🆓VeThor Token (VTHO) Oct-1 #VTHO $VTHOThe buying volume is increasing strongly so in this October, VTHO could move towards 0.0105$, 0.013$ and 0.016$ zones. But if it loses this 0.0085$ zone, it will fall down to 0.007$ zone 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.0085$ zone 🔴Buy : 0.0085$ 🔴Sell : 0.0105$ - 0.013$ - 0.016$ 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.0085$ zone 🔵Sell : 0.0085$ 🔵Buy : 0.007$ ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of 1-day candlestick is Above the zone 🅱️B : The Close price of 1-day candlestick is Below the zone
Long
by CryptoStation