VeThor Token (VTHO) to RUB
Find the real-time VeThor Token (VTHO) - RUB conversion rate,along with history, market insights and other vital information to help with your cryptocurrency trading and investing.Use our secure and fast exchange platform to easily convert your VeThor Token (VTHO) into RUB, getting competitive transaction fees and enjoy a smooth trading experience!
About VeThor Token (VTHO)
Introduction to VeThor Token (VTHO), blockchain basics, and how digital currency works
VeThor Token, commonly referred to as VTHO, is an essential component of the VeChainThor blockchain ecosystem. VeChain, founded in 2015, is a prominent blockchain platform designed to enhance supply chain management and business processes through decentralization and transparency. The VeChainThor blockchain operates on a dual-token system, consisting of VeChain Token (VET) and VeThor Token (VTHO). While VET serves as the primary currency for transactions and staking within the network, VTHO is used to pay for transaction fees and smart contract executions. This separation allows for a more efficient economic model, stabilizing the value of VET while providing utility through VTHO. The primary function of VTHO is to fuel transactions on the VeChainThor network. Whenever a user wants to execute a transaction, they need VTHO to pay for the associated costs, which helps maintain the blockchain's operations. This design ensures that the network remains efficient, as VTHO is generated by holding VET. For every VET held, users earn a certain amount of VTHO over time, creating an incentive for long-term investment. This model also encourages users to stake their VET, promoting stability and securing the network. VeChain has made significant strides in various industries, including logistics, agriculture, and healthcare, by providing real-time tracking and verification capabilities. The platform's focus on real-world applications has attracted partnerships with numerous companies, enhancing its credibility and reach. Some notable collaborations include working with major brands and enterprises to streamline their supply chains and improve transparency, making VeChain a leader in blockchain solutions for businesses. The development team behind VeChain is composed of experienced professionals with backgrounds in technology, business, and blockchain. Led by co-founder Sunny Lu, who previously served as the CIO of Louis Vuitton China, the team brings a wealth of knowledge and expertise to the project. Their commitment to innovation and practical applications of blockchain technology sets VeChain apart from many other projects in the crypto space. The team continually works on improving the VeChainThor platform, ensuring that it stays relevant in an ever-evolving industry. For those new to the cryptocurrency space, investing in VTHO presents a unique opportunity. As the VeChain ecosystem grows and more businesses adopt its solutions, the demand for VTHO is likely to increase, potentially driving its value higher. By understanding the basics of VTHO and the VeChain platform, newcomers can navigate the crypto landscape with greater confidence and awareness. In summary, VeThor Token is a vital part of the VeChain ecosystem, designed to facilitate transactions and smart contract interactions. With a strong team and a focus on real-world applications, VeChain offers promising prospects for those looking to explore opportunities in the cryptocurrency market. As the blockchain technology landscape continues to evolve, VTHO stands out as a token with significant potential.
VeThor Token (VTHO) to RUB Real-Time Market Price
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Conversion RateVeThor Token (VTHO) to RUB
VTHO to RUB
- Qty
- 0.5 VTHO-- RUB
- 1 VTHO-- RUB
- 5 VTHO-- RUB
- 10 VTHO-- RUB
- 50 VTHO-- RUB
- 100 VTHO-- RUB
- 500 VTHO-- RUB
- 1000 VTHO-- RUB
RUB to VTHO
- Qty
- 0.5 RUB-- VTHO
- 1 RUB-- VTHO
- 5 RUB-- VTHO
- 10 RUB-- VTHO
- 50 RUB-- VTHO
- 100 RUB-- VTHO
- 500 RUB-- VTHO
- 1000 RUB-- VTHO
VeThor Token (VTHO) to RUB Trending
Price History
| Qty | Current Price | 24H Ago | 24H Change% |
| 0.5 VTHO | 0.00 RUB | 0.04 RUB | -100.00% |
| 1 VTHO | 0.00 RUB | 0.08 RUB | -100.00% |
| 5 VTHO | 0.00 RUB | 0.42 RUB | -100.00% |
| 10 VTHO | 0.00 RUB | 0.84 RUB | -100.00% |
| 50 VTHO | 0.00 RUB | 4.21 RUB | -100.00% |
| 100 VTHO | 0.00 RUB | 8.43 RUB | -100.00% |
| 500 VTHO | 0.00 RUB | 42.16 RUB | -100.00% |
| 1000 VTHO | 0.00 RUB | 84.32 RUB | -100.00% |
VeThor Token (VTHO) to RUB Insights
Market Insights on VeThor Token (VTHO) and RUB Conversion Price Volatility of VeThor Token (VTHO) VeThor Token (VTHO) has experienced significant price volatility in recent months, reflecting broader trends in the cryptocurrency market. As of late 2023, VTHO's price has fluctuated between notable support and resistance levels, driven by increased trading volume and speculation among investors. The token serves as a utility within the VeChain ecosystem, and its value is closely linked to the overall adoption of blockchain technology in supply chain management and other sectors. Recent market movements indicate that VTHO may be responding to both macroeconomic factors and specific developments within the VeChain platform, contributing to its unpredictable price behavior. Institutional Investment Trends Institutional interest in cryptocurrencies has been on the rise, and VeThor Token is not an exception. Several institutional investors are beginning to add VTHO to their portfolios, recognizing its potential as a utility token in a rapidly evolving blockchain landscape. With large financial institutions and hedge funds showing interest in digital assets, the increased inflow of capital into VTHO could stabilize its price and reduce volatility. This trend aligns with a broader acceptance of cryptocurrencies by institutional players, which could enhance VTHO’s credibility and attract even more investment in the future. Impact of Global Regulatory Policies Global regulatory policies continue to shape the cryptocurrency landscape, including the trading and adoption of VeThor Token. Recent updates from governments around the world indicate a more structured approach to regulating digital assets, which can create both opportunities and challenges for VTHO. While stringent regulations may hinder some speculative trading, clear guidelines can foster a safer environment for long-term investments. As regulators establish frameworks for cryptocurrencies, VTHO’s compliance and utility may play a crucial role in its future growth potential. Shifts in Market Sentiment Market sentiment towards cryptocurrencies, including VeThor Token, has shifted dramatically in response to macroeconomic developments, technological advancements, and geopolitical events. The ongoing fluctuations in the Russian Ruble (RUB) have also influenced market sentiment, as investors seek alternative assets to hedge against currency depreciation. The RUB's instability has prompted some investors to consider cryptocurrencies as a viable alternative for preserving value, which could indirectly benefit VTHO as more users turn to digital assets. As confidence in traditional currencies wanes, the demand for cryptocurrencies is likely to increase, potentially driving up VTHO’s value in the long term. Conclusion In summary, VeThor Token is navigating a complex landscape characterized by price volatility, increasing institutional interest, evolving regulatory frameworks, and changing market sentiment. As the cryptocurrency market continues to mature, VTHO’s role within the VeChain ecosystem could become more significant, particularly in light of global economic trends and the ongoing quest for stability in uncertain times. Investors should remain vigilant and informed about these factors as they explore opportunities within the digital asset space.
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VeThor Token (VTHO) to RUB FAQ
Market Info
- Current Price
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- Market Cap
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- 24h Vol
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- Initial Price
8.00
- Issue Time
2018/05/16
- Circulating Supply
92334604627
- Max Supply
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- 24h Change%
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- 24h Change
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