VechainThor Defies The Odds, Here’s What Makes It A Hot Investment

By Hassan Njie July 28, 2018 Digital Currency No Comments

Most of the crypto market is running in the red aside from a couple of digital currencies like Tezos (XTZ), Mithril (MITH), Binance Coin (BNB), and Tether (USDT) among a couple of some more. In any case, the most noteworthy gainer of today which is challenging all the bull odds is VeChainThor (VET).

At the time of writing, VET has been trading at $2.36 with an ascent of 12.79% in the previous 24 hours. It is additionally running in the green in BTC and ETH market too by 17 percent roughly. The world’s eighteenth biggest digital currency has a market cap of $1.3 billion while dealing with the daily trading volume of about $9.5 million.

At the point when the bulls entered the market, VET price has been resting around $1.63. Amid this week, the prices made a consistent however steady movement.

In any case, VET took a surge yesterday when Binance reported the VTHO airdrop. The prices went from $2 to $2.66. From that point forward, there has been a few up and down movement, however, the price stayed in the green. VET price has cleared out of around 45 percent since it initially began going upwards a week ago.

In the wake of launching its mainnet on June 30, this is one of the huge and most exciting news for VeChainThor community. The best digital currency exchange Binance reported 100 million VTHO airdrop for VET holders.

According to the official announcement, “To celebrate the launch of the VeChain (VET) mainnet, the VET team has provided 100 million VTHO tokens to be airdropped to all Binance users holding VET.”

“The 100 million VTHO will be split between all users holding VET at 2018/08/01 00:00 AM (UTC). The amount of VTHO airdropped to each VET holder will correspond to their percentage holding of the total VET balance held by all Binance users at the time of the snapshot.”

Also, just recently, VET trading went live on Binance as VeChain Foundation shared, “We are pleased to announce that @binance will distribute default generated VTHO for all Binance VET holders! For Economic and X Node rewards, you must use your own VeChainThor mobile wallet.”