VeChain (VEN) price: The opening price value of VEN is $6.44 on Tuesday, January 30. It reaches $6.89 at 13:00 UTC in the same day. In between, it also dips low to $6.12. The market capitalization of VeChain was more than US$3 billion when it reaches Tuesday's High.
In the recent days, the value of VeChain is getting huge and it has the big potential now as one of the top cryptocurrencies in this year and also in upcoming years. Within few months of its launch, it reaches a good position in the crypto-coin world.
It's all because of the partnerships with the Price Waterhouse Cooper, Chinese Government and DNV GL. In the beginning of this year, they came up with the big announcement of the partnership with the Chinese Government on January 14th, Sunday.
VEN is the official token of VeChain, which is rebranding to VET (VeChain Thor) in February. Because of this change, there will no specific action by token holders. At present, the team of VeChain has not revealed any official note on this yet. According to the report, the VET will be used to pay for services on the Vechain blockchain on coming days. Also, there will be two different tokens are said to function on the VeChain Thor platform such as the Thor Power represented by the THOR symbol and the VeChain Token as VET.
So, they all working now to covert the VEN tokens to VET tokens. It is to extend the process as just the supply chain into Dapp technology similar to the Ethereum blockchain. Overall, the aim is to change the ecosystem of global business to make it all-inclusive in different industries such as agriculture, luxury goods, and liquor.
Where To Buy VEN/VET Tokens
You can purchase VEN token (soon, it will be VET) on Binance, one of the leading exchange. By using Binance, you can exchange with the Bitcoin and Ethereum cryptocurrencies. So, you need to buy some Bitcoin or Ethereum from USD as first with the help of GDAX, Coinbase and Gemini exchanges.