Buy 0% · Sell 75%
VTHO USDT
VeThor
Short summary for VTHO
Scenario, levels and timeframe alignment.
Dominant share 75%
3 of 4 TF support SHORT
SHORT prevails on the 4h and 1d timeframes, while the 15m and 1h timeframes more often point lower. Shorter and longer timeframes are aligned, making market structure noticeably clearer.
VTHO does not have enough closed trades for local statistics yet, but signals and the public feed are already available.
6/100
Quick check of tokenomics, liquidity and contract permissions.
VTHO is better approached with patience right now. Main reference: 4h, current scenario: "SHORT is late: do not chase the low".
Signal balance: buyers 0%, neutral 25%, sellers 75%. The current bias is on the seller side, so LONG without confirmation remains risky. Timeframes: 3 of 4 TF support SHORT.
VTHO trade history is still building, so current structure matters most now: scenario, signal balance and chart levels.
VeChain is also a dual token system consisting of VeChain Token (VET) and VeThor Token (THOR). Network users are rewarded with the latter when they hold the former, which is also the case with NEO & GAS. The VeChain Token can be used to deploy applications on the platform where as VeThor can be used to pay for applications and other transactions over the network. VeChain claims that this economic model is better suited for enterprises than the one in other blockchains, such as Ethereum and Bitcoin, where higher usage drives the cost of the utility token and subsequently the cost of deploying and operations in the protocol.
In an official blog post earlier this year, the foundation announced it’s “grand aspirations to make financial services sector one of the main focuses on our development plan”. They also announced their partnership with a property mortgage loan provider Fanghuwang.com, a subsidiary of Beijing Baisheng Technology Co., Ltd. They also reported partnerships with BMW, Groupe Renault, and DNV GL.
Until now, VeChain has existed in the form of an ERC-20 token on the Ethereum blockchain. In an announcement detailing the roadmap moving forward, the foundation stated that they would engage in negotiations with exchanges to perform the token swap to become an independent network. The roadmap also detailed plans to launch a mobile wallet and ledger integration.