Hey All,
It's been a while since I last looked into my VeChain #VET token investment— I basically haven't been tracking it for a long time now. But before we get there its imperative to know about this project - VeChain which is blockchain platform designed to enhance supply chain management and business process. Its objective is to enhance the efficiency of these procedures and the flow of information in intricate supply chains by employing distributed ledger technology (DLT). What is the price of #VET token & its total supply?
Currently, #VET is ranked 47 as per congecko and is trading around $0.02+ cents with a marketcap of $1.8+ Billion and a total supply of 86+ Billion tokens that's' too much of tokens in supply isn't it? If you HODL #VET token in your VTHOR wallet then you are sure to earn VTHOR tokens as well. The Vechain platform consists of two separate tokens:
- VeChain Token (VET) and
- VeChainThor Energy (VTHO).
VET is employed for transferring value within VeChain's network, while VTHO serves as energy or "gas" to facilitate smart contract transactions. And now coming to the main part which is associated to my investment in Vechain; so here is the overall summary picturized in the following image snapshot taken from my VTHOR wallet App::
VeChain #VET token Investment - What's Next - 100K+ VET Coming...
I came to know about this project via one of his blogs from so the credit goes to him for introducing and providing insights to the VeChain Blockchain to me. As evident from above image I have close to 65K+ VET tokens which at the moment is worth $1.5K and 33K+ Vethor #VTHO tokens which is worth another $70+. VTHO is being accumulated on a daily basis just by #HODLING VET tokens. Actually I more VTHO token but had sold it to buy #COTI, so that is a separate story altogether. Now coming to the plan ahead then I am looking to make the count of #VET to 100K+ tokens first and then slowly bring this count to 200K+ but this is going to take some time as I am not going to pour in new investment rather would be looking for my other crypto projects profits that would be redirected here. Earlier also this current investment was build by booking profits from the #RUNE investment. How much #VTHO I make in a day here it is
Once can leverage the - VeThor (VTHO) calculator that allows you to calculate the ROI on your VET holdings based on staking rewards - check the Vechain calculator here. In my case my investment is getting me close to 28+ #VTHO tokens daily. The plan ahead is t continue to #hold and build my investment here. In between I had bought #VET tokens from Binance exchange and then had shifted the tokens to wallet like VTHOR and own the keys to your wallet - you know right - Not Your Keys, Not Your Crypto. And remember the Wazix security breach incident recently where the exchange had lost $230+ Million dollars. So be carefully with your crypto assets. Well this should be it for todays' post until then will be looking for opportunities to buy a chunk of #VET tokens to bring my stake to 100K+... cheers
Have Your Say on VeChain #VET #VTHO tokens...
Have you heard about this project VeChain #VET token? HODL Vs Sell? What about VTHor? If Yes, what do you think about the project and its near future? Would love to hear your views/thoughts on #VeChain #VET token
#vechain #vet #strategy #supplychain #supply #rewards #liquidity #build #hodl #stake #investment
Investing in VeChain #VET token - My Strategy Ahead...
Image Credits:: profesionalreview, vthor wallet, coingecko, vechainstats
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Stocks, Blockchain & Cryptos and have been investing in many emerging projects..cheers