TL;DR
- VeChain’s blockchain isn’t just another crypto project – it’s already being used by major companies and governments worldwide.
- The platform uses a proof-of-authority consensus mechanism, which makes it faster and more energy-efficient than traditional blockchain networks. When you buy VeChain (VET), you’re essentially buying into this ecosystem, and VTHO comes as part of the package.
- VeThor Token (VTHO) might be the crypto world’s most interesting utility token you’ve never heard of. As the powerhouse behind VeChain’s blockchain technology, VTHO plays a crucial role in one of the most practical applications of blockchain in the real world.
What is VeThor Token and how it powers the Vechain ecosystem?
VeThor Token (VTHO) is a crucial component of the VeChainThor blockchain ecosystem, designed to power transactions and smart contract executions. It works alongside VeChain Token (VET) in a dual-token system that enhances the efficiency and stability of the network. VTHO serves as the “energy” or “gas” token within the VeChainThor blockchain.
The primary functions of VeThor are to work as a fuel for executing transactions on the Vechain network.
Powering Transactions: Every transaction on the VeChainThor network requires VTHO to be executed.
Smart Contract Execution: VTHO is consumed when running smart contracts on the platform.
Cost Stabilization: By separating the transaction costs (VTHO) from the main value token (VET), VeChain aims to provide a more stable and predictable cost structure for network usage.
How does VeThor Token Work?
VeThor Token (VTHO) works as an integral part of the VeChainThor blockchain’s dual-token system, designed to power transactions and maintain network stability. Here’s a comprehensive explanation of how VTHO functions:
Generation and Distribution: VTHO is generated automatically by holding VeChain Tokens (VET). The generation rate is fixed at 0.000432 VTHO per VET per day. This means that VET holders continuously accumulate VTHO without any additional action required.
Transactions with VTHO: The primary function of VTHO is to serve as fuel for transactions on the VeChainThor blockchain. Every transaction on the network consumes a certain amount of VTHO, which is calculated based on the complexity and resource requirements of the transaction.
Smart Contract Execution: VTHO is also used to power the execution of smart contracts on the VeChainThor platform. Developers and users need to spend VTHO to deploy and interact with smart contracts.
VeThor ($VTHO) Tokenomics and Token Distribution
VeThor Token (VTHO) has a unique tokenomics model as part of the VeChain ecosystem’s dual-token structure. Here’s an overview of VTHO’s tokenomics and vesting schedule:
Generation and Distribution: VTHO is generated automatically by holding VeChain Tokens (VET). The generation rate is fixed at 0.000432 VTHO per VET per day. This means that VET holders continuously accumulate VTHO without any additional action required.
Consumption and Burning Mechanism: VTHO employs a strategic token balancing model where 70% of the supply is burnt and the remaining 30% is awarded to Authority Masternodes as an incentive for maintaining the network.
Dynamic Economic Model: The VeChain Foundation has the ability to adjust certain parameters of the VTHO economy. The VTHO generation rate can be adjusted and modified based on the demand and overall market conditions.
Additionally, VTHO is automatically generated and stored in users’ VeChain wallets alongside their VET holdings. Users can view their VTHO balance and use it for transactions directly from their wallets.
Who Founded the Vechain and The Dual Token Model: VET & VTHO?
VeThor Token (VTHO) was created as part of the VeChain ecosystem, which was founded by Sunny Lu and Jay Zhang. Sunny Lu is the primary founder and current CEO of VeChain. Jay Zhang is the co-founder of VeChain and directs the project’s global corporate structure, governance, and financial management.
Together, Sunny Lu and Jay Zhang established VeChain in 2015 as a subsidiary of Bitse, one of China’s largest blockchain companies at the time. In 2018, they rebranded the project to VeChain Tech and launched it as an independent enterprise, introducing the dual-token system that includes VeThor Token (VTHO).
Their combined expertise in IT, blockchain technology, and business management has been instrumental in the development and growth of the VeChain ecosystem.
$VTHO Price Prediction 2025-2026 and Technical Analysis
Source: TradingView
Technical Indicators: On the four-hour chart, VTHO is bullish with a rising 50-day moving average. The daily chart of VTHO appears bullish, with the 50-day moving average above the price and rising, potentially acting as resistance. The 200-day moving average has been rising since December 20, 2024, showing long-term strength.
Market Sentiment: The current Fear & Greed Index is at 77 (Extreme Greed), suggesting a potentially overheated market. VTHO has shown 6.29% price volatility over the last 30 days indicating a material outlook towards VTHO price.
VTHO Market Cap & Token Supply: As of January 23, 2025, VeThor Token’s market capitalization is approximately $652.66 million. The current circulating supply of VeThor Token is about 85.39 billion VTHO
VTHO Price Prediction 2025: As we look ahead to the price predictions for VeThor Token (VTHO) in 2025 and 2026, the outlook appears cautiously optimistic, with various forecasts suggesting a range of potential outcomes. For 2025, predictions indicate that VTHO could experience significant growth, with estimates ranging from a low of $0.002975 to a high of approximately $0.0083, averaging around $0.0068.
VTHO Price Prediction 2026: A year from this quarter, the price is projected to continue its upward trajectory, with estimates varying widely from $0.003487 to as high as $0.036, depending on market conditions and overall crypto sentiment. Important signals to watch include market volatility, trading volume, and the Fear & Greed Index, which currently indicates extreme greed—often a precursor to corrections.
How to Buy ($VTHO) VeThor on Bitunix?
Trading in VeThor on Bitunix is easy. You can choose to trade in Follow the steps below to start trading:
To start trading, you need to create an account on Bitunix and complete your KYC verification. If you are already an existing user, you can simply head over to Markets tab in the main navigation menu.
Now, select the VTHO/USDT pair to open the spot trading window. You can place a limit or a market order to buy or sell VTHO.
Ensure your account is sufficiently funded. If not, you can deposit crypto in your account.
Watch our step by step tutorial on How to deposit crypto on Bitunix?
How to Buy Crypto on Bitunix?
If you don’t have any crypto, you can buy crypto via third party providers on Bitunix. To buy crypto, follow the below steps
- Head to the Buy Crypto tab in the main menu and choose the cryptocurrency you wish to buy. In this case, you need to buy USDT to be able to trade in VTHO/USDT.
- Next, choose the currency you wish to pay in (fiat currency like USD) Add the amount you wish to invest. (Please note: buying crypto via third parties incur fees levied by the provider)
- Finally, choose the mode of payment. The on-ramp crypto providers accept Apple Pay, bank transfer and credit/debit cards.
- Once you have chosen your mode of payment, follow the next steps and complete the transaction. The funds will be deposited into your Bitunix account.
