Could you please elaborate on the current circulating supply of VET cryptocurrency? Specifically, how many VET coins are in existence at the moment, and is there a predetermined maximum supply that has been set by the creators of the
VeChain blockchain network? I'm interested in understanding the scalability and potential future growth of VET, and this information would be instrumental in my analysis.
7 answers
Valeria
Mon Aug 05 2024
The current market valuation of a particular cryptocurrency, calculated by multiplying the total number of coins in circulation by their individual current price, stands at a noteworthy figure of $24.56 million USD.
alexander_watson_astronaut
Mon Aug 05 2024
This metric, often referred to as the live market capitalization, provides a snapshot of the overall value of the cryptocurrency in question, VET, in the current market landscape.
Margherita
Mon Aug 05 2024
VET boasts a circulating supply of 72.71 billion coins, indicating a substantial portion of the total available tokens are actively circulating within the ecosystem.
BlockchainBaron
Mon Aug 05 2024
Meanwhile, the maximum supply of VET is set at 85.99 billion coins, outlining the upper limit to which the total number of tokens can potentially reach.
MountFujiVista
Sun Aug 04 2024
The interplay between the circulating supply and the maximum supply, along with market demand and sentiment, significantly influences the price and market capitalization of VET.