While most traders would be very familiar with the older cryptocurrencies like Bitcoin, Ethereum, and Ripple, relatively new cryptocurrencies like the VeThor Token (VTHO) are also catching traders’ attention. Most crypto fanciers consider VeThor an “offshoot coin” to the “wildly successful” VeChain network.
The Token is paid as a form of a dividend to every holder of VET tokens, the native currency of the VeChain ecosystem. That said, we will look into the potential of VTHO if it’s worth owning today. VeThor price prediction is in close connection with the VeChain price prediction.
Today’s live VeThor Token price is $0.003128, with a 24-hour trading volume of $5,256,364. VeThor Token is down 6.41% in the last 24 hours. The current CoinMarketCap ranking is #282, with a live market cap of $142,716,395. It has a circulating supply of 45,630,180,356 VTHO coins and the max. supply is not available.
Let’s know more about the blockchain network and how you can profit from the VeThor Token (VTHO).
What is VeThor Token (VTHO)?
VeThor Token (VTHO) is one of the two native cryptocurrencies of the VeChainThor blockchain network. Like its partner cryptocurrency, the VET coin, VTHO can be stored in hot and cold wallets that allow ERC-20 tokens, including Ethereum (ETH).
VeChain was launched in 2015, and at the time, there was only one native digital coin by the name VeChain Token (VET) used in the VeChain ecosystem.
After the rebranding, VeChain maintained VET to be the primary value-transfer Token; in contrast, the newly introduced token, the VeThor Token (VTHO), was adopted as the Token for paying to use the VehainThor blockchain by facilitating transactions and processes and the use smart contract deployment.
VTHO Overview
VTHO Overview
| Coin | Symbol | Price | Marketcap | Change | Last 24h | Supply | Volume (24h) |
|---|---|---|---|---|---|---|---|
 | VTHO | $ 0.003119 | $ 142.79 M | 6.48% | 45.63 B | $ 3.63 M |
What is the VeChainThor blockchain network?
VeChainThor is a public blockchain that allows members to participate by solving real-world problems. It was founded in 2015 under the name VeChain before being rebranded to VeChainThor in 2018.
Sunny Lu established the blockchain as a subsidiary of Bitse, one of the largest blockchain companies in China. However, Sunny Lu later parted ways with Bitse, and the Vechain platform stood independently.
The VeChainThor blockchain uses a proof-of-authority (PoA) consensus mechanism, which depends on authority controller nodes selected by the VeChainThor foundation to validate transactions and add blocks to the blockchain.
The PoA mechanism enables VeChainThor to process transactions at record processing speeds. The blockchain also has an open-source design that allows blockchain technology developers to pool their efforts to upgrade the blockchain.
VeChainThor also has meta-description features that allow users to conduct multi-party transactions involving multiple tasks. The blockchain also allows smart contracts, which are executed using the VTHO.
Why is VeThor Token (VTHO) unique?
The VeThor Token price is not directly related to the VeChain price. And just like the VET, it is a VIP-180 Standard token, meaning it is a unique ERC20 token.
The dual-token design on the VeChainThor enables users to trade using two tokens, thus diversifying their investment portfolios. However, this does not mean that if you want to purchase the VeThor Token, you will have to buy the VeChain Token; you can buy one and leave out the other if you so wish.
But if you choose to invest in both, you will have to look at the Vethor token price forecast to keep up with the VET price as you also look at the VeThor token price prediction to keep up with the VTHO price.
The two-token system further helps separate the cost of using the VeChainThor blockchain from market speculation.
The governance mechanism stabilizes the cost of using the blockchain by destroying 70% of the VTHO paid for validating transactions on the blockchain and warding the 30% to the Authority Masternode Operator chosen by the VeChainThor foundation.
The most exciting part is that the supply chain of VeThor Token is actively tied to the VET. The VTHO is derived from the VET token. About 0.00000005VTHO is generated per VET for every block that is validated. This, in connection with the destruction of the 70% of the VTHO that is destroyed, keeps the circulating supply of VTHO at a low level at all times, which in turn keeps the demand of the token high.
In comparison to about 64 billion VET tokens currently in circulating supply, there are only about 38 billion VTHO tokens in circulation.
VeThor Token price predictions history
After VeChain was rebranded to VeChainThor in July 2018 and the VeThor Token (VTHO) was introduced, the bulls went ahead to register an imposing price movement to hit the highest Vethor token price of $0.04201 on August 01 the same year. However, the trend was short-lived since it quickly became a bearish trend the day after.
The bearish trend continued until October 2018. The Token’s market price seemed to stabilize at about $0.0005 until January this year, when some considerable bullish market movement drove the Token’s price to $0.0246 on April 16.
But the trend has since taken on another bearish trend, and it is currently trading at $0.01088, which is 74.14% down from its all-time high three years ago.
VeThor Token (VTHO) price history by Coinmarketcap
Despite the bearish market resulting in the drop in the market cap, the trading volume of the cryptocurrency continues to increase every day.
It is important to note that the price of the VeThor Token correlates with the VeChain price all along. If you look at the VeChain price chart, you shall realize that the charts seem to resemble each other, with the only difference being that the Vechain price is higher than that of the VTHO. The VeChain price is currently at $0.01088.
Due to this correlation, it would also be essential to look at the VeChain price prediction as a trader goes through this price prediction of VTHO. since the two tokens have maintained a close correlation for over two years, that may continue; meaning VeChain price prediction would also offer an insight into the price prediction of VHTO.
VTHO Price Prediction 2022-2028
While most traders would be very familiar with the older cryptocurrencies like Bitcoin, Ethereum, and Ripple, relatively new cryptocurrencies like the VeThor Token (VTHO) are also catching traders’ attention. Most crypto fanciers consider VeThor an “offshoot coin” to the “wildly successful” VeChain network.
The Token is paid as a form of a dividend to every holder of VET tokens, the native currency of the VeChain ecosystem. That said, we will look into the potential of VTHO if it’s worth owning today. VeThor price prediction is in close connection with the VeChain price prediction.
What is VeThor Token (VTHO)?
VeThor Token (VTHO) is one of the two native cryptocurrencies of the VeChainThor blockchain network. Like its partner cryptocurrency, the VET coin, VTHO can be stored in hot and cold wallets that allow ERC-20 tokens, including Ethereum (ETH).
VeChain was launched in 2015, and at the time, there was only one native digital coin by the name VeChain Token (VET) used in the VeChain ecosystem.
After the rebranding, VeChain maintained VET to be the primary value-transfer Token; in contrast, the newly introduced token, the VeThor Token (VTHO), was adopted as the Token for paying to use the VehainThor blockchain by facilitating transactions and processes and the use smart contract deployment.
What is the VeChainThor blockchain network?
VeChainThor is a public blockchain that allows members to participate by solving real-world problems. It was founded in 2015 under the name VeChain before being rebranded to VeChainThor in 2018.
Sunny Lu established the blockchain as a subsidiary of Bitse, one of the largest blockchain companies in China. However, Sunny Lu later parted ways with Bitse, and the Vechain platform stood independently.
The VeChainThor blockchain uses a proof-of-authority (PoA) consensus mechanism, which depends on authority master nodes selected by the VeChainThor foundation to validate transactions and add blocks to the blockchain.
The PoA mechanism enables VeChainThor to process transactions at record processing speeds. The blockchain also has an open-source design that allows blockchain technology developers to pool their efforts to upgrade the blockchain.
VeChainThor also has meta-description features that allow users to conduct multi-party transactions involving multiple tasks. The blockchain also allows smart contracts, which are executed using the VTHO.
Why is VeThor Token (VTHO) unique?
The VeThor Token price is not directly related to the VeChain price. And just like the VET, it is a VIP-180 Standard token, meaning it is a unique ERC20 token.
The dual-token design on the VeChainThor enables users to trade using two tokens, thus diversifying their investment portfolios. However, this does not mean that if you want to purchase the VeThor Token, you will have to buy the VeChain Token; you can buy one and leave out the other if you so wish.
But if you choose to invest in both, you will have to look at the Vethor token price forecast to keep up with the VET price as you also look at the VeThor token price prediction to keep up with the VTHO price.
The two-token system further helps separate the cost of using the VeChainThor blockchain from market speculation.
The governance mechanism stabilizes the cost of using the blockchain by destroying 70% of the VTHO paid for validating transactions on the blockchain and warding the 30% to the Authority Masternode Operator chosen by the VeChainThor foundation.
The most exciting part is that the supply chain of VeThor Token is actively tied to the VET. The VTHO is derived from the VET token. About 0.00000005VTHO is generated per VET for every block that is validated. This, in connection with the destruction of the 70% of the VTHO that is destroyed, keeps the circulating supply of VTHO at a low level at all times, which in turn keeps the demand of the token high.
In comparison to about 64 billion VET tokens currently in circulating supply, there are only about 38 billion VTHO tokens in circulation.
VeThor Token price predictions history
After VeChain was rebranded to VeChainThor in July 2018 and the VeThor Token (VTHO) was introduced, the bulls went ahead to register an imposing price movement to hit the highest Vethor token price of $0.04201 on August 01 the same year. However, the trend was short-lived since it quickly became a bearish trend the day after.
The bearish trend continued until October 2018. The Token’s market price seemed to stabilize at about $0.0005 until January this year, when some considerable bullish market movement drove the Token’s price to $0.0246 on April 16.
But the trend has since taken on another bearish trend, and it is currently trading at $0.01088, which is 74.14% down from its all-time high three years ago.
Despite the bearish market resulting in the drop in the market cap, the trading volume of the cryptocurrency continues to increase every day.
It is important to note that the price of the VeThor Token correlates with the VeChain price all along. If you look at the VeChain price chart, you shall realize that the charts seem to resemble each other, with the only difference being that the Vechain price is higher than that of the VTHO. The VeChain price is currently at $0.01088.
Due to this correlation, it would also be essential to look at the VeChain price prediction as a trader goes through this price prediction of VTHO. since the two tokens have maintained a close correlation for over two years, that may continue; meaning VeChain price prediction would also offer an insight into the price prediction of VHTO.
VeThor token price technical analysis
In the above 4-hour chart, it is clear that the price of VTHO is reaching towards the lower end of the Bollinger Band, suggesting a breakout. We expect the coin price to keep its position below the 50-day and 100-day Moving Averages and try to capture them in the short term.
Based on the coin’s current price and technical analysis, it can be called a good investment for the long term.
VeThor (VTHO) applications
There is one fundamental use of VTHO on the VeChainThor blockchain. It is used to power transactions within the network.
Essentially, the overall cost of performing a transaction within the VeChain blockchain. Essentially, VTHO helps facilitate smart contract execution within the network as it is directly involved in the transactions within the blockchain.
The popular Ethereum network works similar to the VeChain and VeChainThor networks with one crucial variation. On the Ethereum blockchain, the native Token, Ether – popularly known with the ticker symbol ETH, is used to validate transactions within the network. The usage is a good utility case for ETH; however, some limitations expose ETH(native Token) to crypto market volatility on the Ethereum blockchain.
For instance, when developers on the Ethereum blockchain create smart contracts, they need to set or estimate the amount of ETH required to execute the smart contract at any time. Making the correct estimations is an arduous task as the value of ETH changes with the overall market sentiments. On the other hand, VTHO was implemented to maintain a relatively stable value that allows developers to estimate the native token gas fees quickly. In the case of ETH, several smart contracts may not be executed if the estimated gas fees are not sufficient due to the changes in price for the ETH token.
Price Prediction
According to Price Prediction statistics, it is probable that the price of VTHO will increase in 2022 all through to 2030 with minimal setbacks. Undoubtedly, when making predictions on the crypto market, it is prudent to leave room for error, as several variables affect the prices of cryptocurrency tokens within the exchange platforms.
Today, based on the information from technical analysis of the past price action, the price of VTHO is expected to trade at an average price of $0.08 in 2022. For the subsequent years, 2023 and 2024, the Token’s price is likely to sell at $o.011 and $0.016, respectively. The expected VTHO price by 2025 is $ 0.023, while the coin is projected to hit the $0.230 mark by 2031. This particular change is remarkable since it shows a 900% increase in price. So, watch out!
Trading Beasts
The VeThor token price is forecasted to continue in a bullish trend in 2022, making it a relatively good investment opportunity for cryptocurrency investors. The Token is poised to record significant gains of up to 30% in the first quarter of the year.
According to the current price analysis of the VeThor Token, the minimum price expected by the beginning of February 2022 is $0.00608. Similarly, the projected maximum price of the VeThor cryptocurrency is $0.00716. These figures reflect a significant price increase considering the current bearish trend in the market.
As of December 2022, the VeThor token price is expected to reach a maximum of $0.0084. A more conservative price prediction places the expected minimum value of VTHO at $0.0056 by December of 2022. The Token is projected to trade at an average of $0.006688 by December 2022, translating to a 28% positive growth from the current price.
In 2023, the price predictions will continue to maintain bullish momentum. The VeChainThor cryptocurrency is poised to record further gains, as it is expected to break established resistance levels. The VTHO coin is projected to trade at a minimum of $0.00605 in January 2022. Considering the current price of VTHO, the Token will have gained approximately 36% if it sells at the projected prices in January of 2023.
The price prognosis of the VTHO token by December 2023 indicates even much better returns. For an investor who holds VTHO from now until the end of 2023, the crypto holdings are projected to record high returns of up to $104% since VTHO is expected to trade at an average price of $0.010 by December 2023.
The Vethor price prediction 2024 seems to appear bullish as well. The apparent project price rise of VTHO could be due to the increasing attention paid to the VeChain blockchain. There are limitations on the Ethereum blockchain that is solved by VTHO’s parent blockchain network. As developers begin to embrace the platform, the price of the Vethor Token will undoubtedly increase.
As per the price forecasts, most investors are encouraged to buy Vethor tokens. The price predictions for 2024 indicate that VTHO can trade at a maximum value of $0.0151 by mid-year. By the end of 2024, the expected minimum and maximum prices of VTHO are $0.01129 and $0.016606.
Price prediction for Vethor Token in 2025 still maintains the upward trend. As per the current price and the historical data of the price actions since the launch, the VTHO price can potentially achieve a 200% positive growth by 2025.
The forecasts indicate that the cryptocurrency could trade at a minimum of $0.0114508 and a maximum market value of $ 0.0168394 in January 2025. These figures imply an average trading price of $0.0135 in Jan 2025, translating to a 158% percentage change based on the current price.
The price forecasts by December 2025 indicate even more growth from the current price of VTHO. As per the predictions, VTHO is projected to trade at an average price of $0.0152. The highest expected price is $0.019, which signifies a $192.66% return on investment from today.
Wallet Investor
Wallet Investor uses a somewhat optimistic approach to price prediction, and their future prices indicate the same. According to the platform, the VeThor Token is an excellent investment for long-term investors. If you intend to lock your funds on the VeThor Token, the platform predicts that within one year, the Token can grow to $0.0125. These figures imply a significant growth from the current price. Additionally, the five-year price prognosis of the VTHO token indicates that it can reach higher values of $0.0412, which translated to a +675.89% from the current price.
According to Wallet Investor, VTHO would have appreciated trade above $0.01 by the end of 2021 and then continue with the bullish trend and get a maximum price of $0.0235 by August 2022.
Digital Coin
Digital Coin also predicts that the current bullish trend will persist with the king of cryptocurrencies, Bitcoin. We will see a rise in the price of VTHO too. The price of VTHO by the end of 2021 is predicted to be around $0.0169776518 by Digital Coin. Digital Coin continues to predict a continued bullish trend in 2022 that could drive the price of the VeThor Token to around $0.0191148221 by the end of 2022. This is a slightly higher price than what the WalletInvestor predicts for the coin. The bottom line is that the two sites indicate a bullish VTHO price prediction. For the year 2023, Digital Coin predicts a price of $0.0216559366 at the start of the year, while the forecasts suggest that if the crypto market remains bullish, the year 2023 will end at $0.0207560150 for VeThor token.
Another forecast for the year 2025 states that the price of VeThor will be present at 0.0316466962 USD at the start of 2025, while the year will end at $0.0314696069. This is a very bullish prediction for 2025 by Digital Coin, and further predictions for 2026-28 are also bullish.
The price has been believed to reach 0.0435306073 USD in January 2028. This makes this coin one with significant returns and worth the investment. The price is supposed to reach $0.0533072136 and end the year at 0.0454607767 USD.
This detailed price prediction by Digital Coin is bullish, and we can expect similar returns from other coins in the market too. Before thinking about investment, you should understand the technology behind the coin.
Cryptopolitan VTHO Price Prediction
2022-2024
The general yearly Vethor token price prediction shows that we should anticipate a price increase over the following years. The Token appears to be very stable at the moment, withstanding the general bearish sentiment that has engulfed the crypto market. Today, based on the information from technical analysis of the past price action, the price of VTHO is expected to trade at an average price of $0.08 in 2022.
For the subsequent years, 2023 and 2024, the Token’s price is expected to trade at $0.011 and $0.016, respectively. The average projected VTHO price by 2025 is $ 0.023, while the coin is projected to hit the $0.160 mark by 2030.
2026-2030
According to extensive price forecasts for the VeThor Token, the coin is poised to continue increasing in value from 2026 to 2030. Essentially, the cryptocurrency is expected to rake in lucrative returns for its holders. Owing to its unique utility within the VeChain network, the VeThor cryptocurrency is projected to gain more traction as the years progress.
Based on the analysis, the VTHO coin is expected to trade at a minimum value of $0.03 by 2026 and a maximum price of $0.039. Essentially these are impressive gains by 2026, and the progress is poised to continue steadily until 2030.
In 2030, the Vethor price prediction indicates that the cryptocurrency can trade at a maximum value of $0.018 and a minimum value of $0.15. The expected average trading price of the cryptocurrency by 2030 is $0.16.
VeThor (VTHO) price prediction by industry experts
Several industry experts predict a general upward trend for the VeThor Token. However, there is a difference in the price prediction as some experts are often more conservative with their approach to price predictions. Depending on the technical indicators used and the variables considered, there is an inevitable possibility of variations in the price predictions. However, there is a clear indication that most predictions are bullish, and most experts expect a price rise from 2022 onwards. Below are some of the Industry experts we singled out and their analysis for the future price of VeThor token in 2022 and beyond.
VTHO must be purchased from holders, by businesses, to fulfill their Blockchain needs. This automatically gives VET intrinsic value as it provides vital functionality. Something no other token can boast. As demand for VTHO increases, so does VET’s ROI. This is one of the market forces that help drive increasing value.
Jake.com
That quote is very helpful to bear in mind as indeed, value appreciation is mathematically inbuilt, as factored into VeChain tokenomics.
Where can you buy VeThor Token (VTHO)?
VeThor Token is available for trading on several crypto exchanges, including Binance, Gate.io, MXC.COM, Crypto.com, Bitvavo, OceanEX, BitMart, and Hotbit.
To buy VTHO, you will require to open an account with any of these cryptocurrency exchanges, transfer ETH, BTC, or any other digital currency or fiat currency that the exchange allows, then perform a buy transaction to buy VeThor Token using the currency you deposited with the exchange, and then transfer the purchased VTHO tokens to a private crypto wallet or let them remain in the exchange wallet for trading.
Conclusion
According to the bullish VeThor Token price prediction, VTHO can be a profitable investment in the long term. If a trader purchased VTHO tokens using $100 at its current price of $0.01, they would acquire about 10,000 VTHO tokens.
As mentioned above, as traders look at the VeThor price prediction, it is also good to do a technical analysis of the Vechain price to know the VeChain price prediction. The demand for VTHO which comes by proxy of VeChain’s (already massive) adoption, makes VET valuable as a product of its relationship as the chicken that produces the VTHO egg. That’s a very graphic way of putting this matter.
FAQs about VTHO
Is VeThor (VTHO) a good investment?
Essentially the price of VeThor VTHO is poised to increase according to the price prediction made above. Therefore, crypto traders and investors can return from holding that coin. However, more significant profits are always realized by investors who invest when the coin is initially launched.
Although this is not a piece of investment advice, the VTHO can easily record a price increase of more than 200% for a 5-year price forecast.
Will VeThor (VTHO) reach $0.1?
Yes, the VTHO token, after the heavy rebranding process that took place, can grow to reach $0.1. However, this will require a significant growth of the VeChain ecosystem and widespread enterprise adoption of the technology that is projected to happen around 2030. The cryptocurrency price is heavily dependent on the adoption of the ecosystem, and investors are encouraged to do their research before investing.
As per the predictions based on the transaction dependency established by the VeThor Token, the trading volume of VTHO is poised to increase as more people buy the VeThor Token.
What will VeThor (VTHO) price be in 2025?
As per the VTHO price predictions, the VeThor Token could trade at a maximum price of $0.0190605 and a minimum of $0.0129612. On average, the price of VTHO in 2025 will be $0.0152484, translating to a 192% price increase from the current value.
What will VeThor (VTHO) price be in 2030?
More futuristic price forecasts show that the token price will increase significantly by 2030. As per the price projections, the VeThor token price will increase as the trading volume and circulating supply increase. The VTHO token is expected to trade at an average price of $0.16 in 2030.
Several industry experts predict a general upward trend for the VeThor Token. However, there is a difference in the price prediction as some experts are often more conservative with their approach to price predictions. Depending on the technical indicators used and the variables considered, there is an inevitable possibility of variations in the price predictions. However, there is a clear indication that most predictions are bullish, and most experts expect a price rise from 2022 onwards. Below are some of the Industry experts we singled out and their analysis for the future price of VeThor token in 2022 and beyond.
Source: https://www.cryptopolitan.com/vtho-price-prediction/