VeChain VET

Where VET sits in the market

At #88, VeChain sits in the bottom of the large-cap band, adjacent to the mid-cap cut-off. Down here the large-cap label is doing less work than it appears to. VET is one revision away from the mid-cap band, and the practical consequences of crossing that line — index eligibility, market-maker commitments, how much size the book absorbs — change well before the ranking does.

CryptoPingAi is currently streaming 5 live VET order books (Binance, Gate.io, HTX, Upbit, Bithumb). That is coverage in line with a #88 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

VET against its all-time high

VET is down more than 95% from its $0.2810 peak (on 2021-04-19), leaving a 48.0x gap to reclaim. A drawdown this deep strips the record of analytical use: the supply structure, the holder base and usually the market cycle behind that print no longer exist. For VET the informative reference is the downside, which makes the range section below more relevant than this one. It was set 6 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

VET across its historical range

VET has traded across a 147x range, between $0.00191713 and $0.2810. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

VET trades roughly 3.06x above its record low of $0.00191713 (on 2020-03-13). Recovery from the bottom has been limited, which means the low is still close enough to function as a real reference level rather than a historical footnote.

VET supply structure

VET has a hard cap of 86.71 billion VET, with 85.99 billion of it already in circulation — 99.2% issued. Issuance is effectively finished, so there is no scheduled dilution: every future change in market value has to come from price, not from supply mechanics. That removes one of the two variables you would otherwise have to track.

What kind of asset VET is

VeChain is a base-layer network, so VET is simultaneously the chain's security budget and its unit of account rather than a claim on a business. Value accrual runs through validator economics and through whatever activity settles on the chain itself.

CoinGecko files VET under 5 categories, including Internet of Things (IOT), Layer 1 (L1), VeChain Ecosystem, Made in China.

How to set a VeChain alert that is worth receiving

VeChain (VET) — quoted on 5 venues we stream — high dated 2021-04-19 — rank #88. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →