Galactica on Mainnet
VETVET
VET
-3.53%
VeChain has successfully launched the first phase of its major protocol upgrade, VeChain Renaissance – Galactica, on the testnet. The activation marks a significant milestone in what is considered VeChain’s most transformative technical and tokenomic overhaul to date. With the testnet deployment completed flawlessly, the project is now aiming for a mainnet launch on July 1st, bringing the ecosystem one step closer to its most ambitious upgrade.
Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.
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24-Hour High
$0.0214
24-Hour Volume
$308.87K
All-Time High
$0.2809
All-Time Low
$0.001917
Market Cap / FDV
99.16%
FDV
$1.83B
24-Hour Low
$0.02038
Market Cap
$1.81B
Circulating Supply
85.98B VET
Total Supply
85.98B VET
Max Supply
86.71B VET
Market Sentiment
Positive
VET FAQ
How to buy VET?
You can buy VeChain via Gate.com by following the steps on how to buy VET once you have funded your account.
What determines the price movement of VET (VET)?
There are two perspectives on how the price of VET is determined.
Fundamental Value: This approach looks at on-chain metrics, project performance, and financial indicators of VET. Over the long term, factors like supply and demand, tokenomics, use cases, project roadmap, and relevant regulations or governance can all affect VET's value.
Price Action: This perspective primarily involves using technical analysis tools like chart patterns, MACD, RSI, and Bollinger Bands to forecast price movements of VET based on past trends, based on the principle that 'history tends to repeat itself.' Price action of VET is also affected by news, announcements, and the general sentiment of the community.
While long-term investors focus on the fundamentals, short-term traders typically rely on technical indicators. Both can influence the price of VET.
What is the all-time high price of VET?
VET reached an all-time high of $0.2809 in 2021-04-19, while its current trading price is $0.02116.
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