VeThor Token (VTHO) is turning heads in the crypto market after skyrocketing 44.56% in the last 24 hours, raising its price to $0.003013 at the time of writing.
With a 24-hour trading volume of over $564 million, this quiet utility token has erupted into the spotlight. But is this just a temporary pump—or could it be the early signs of a long-term bull trend?
Key Points
VTHO is the utility token for the VeChainThor blockchain, used to pay for transactions and smart contracts.
The token is still 93% below its all-time high, but up 1,859% from its all-time low—highlighting strong recovery potential.
A Volume-to-Market Cap ratio of over 200% suggests whales and institutions may be behind the spike.
What’s Behind VeThor Token Price Surge?
Several indicators suggest that this isn’t just random volatility. VTHO’s price recently bounced from a low of $0.00167 to a peak of $0.003353, marking a 95% increase from its recent bottom. Market sentiment is overwhelmingly bullish, with 89% of users on CoinMarketCap voting “Bullish”.
🚀 VTHO$VTHO is on fire! Bulls are charging back in full force!
After blasting off from $0.00167 to a sizzling $0.00326, VTHO$VTHO is now up a jaw-dropping +95% from its recent low! 📈
With the RSI soaring past 85.66 and both StochRSI indicators cranked up above 93, momentum is screaming full throttle. This isn’t just another pump — we could be witnessing a serious trend reversal in the making. 👀
📊 Want to ride the wave or catch the next big move?— CoinMarketCap User
Technical indicators are flashing red-hot. The Relative Strength Index (RSI) has climbed above 85.66, placing VeTHor token deep in the overbought zone. Likewise, the Stochastic RSI is soaring above 93—a level not seen since its last major rally.
But more importantly, volume is confirming the move.
With a 24-hour volume increase of over 13,000%, traders are showing real conviction. That’s not the kind of volume spike that accompanies a fluke; it often indicates strong interest from both retail and institutional participants.
The VeThor token price chart reflects a turbulent 24-hour period marked by sharp movement between $0.0020 and $0.0032. The token opened around $0.0022 and quickly surged to a high of $0.0032, registering a 45% gain before retracing.
From noon to around 8:00 PM, there was a clear upward trend with strong buying pressure, likely driven by momentum or a sudden influx of interest. However, the $0.0032 level proved to be a strong resistance point—every attempt to break above it triggered sell-offs, suggesting that traders were locking in profits or viewed it as overbought territory.
After peaking, the price fell but found steady support at around $0.0027. This zone became a key level where buyers consistently stepped in, making it a critical line for bullish sentiment to remain intact. By 8:00 AM, the token was consolidating above $0.0027, holding between the earlier high and low, with no clear breakout in either direction.
If VTHO holds above $0.0030, the possibility of another push toward and beyond $0.0032 remains on the table. But if it slips below $0.0030, it may signal that bullish momentum is fading, increasing the chances of a drop back to $0.0020. The aggressive movements indicate a highly speculative environment. The chart paints a typical pump and pullback pattern—now it’s a standoff at the middle ground, and which side wins will shape the next move.
Historical Price Context
VeThor token is still far below its all-time high of $0.04201 (set in August 2018), but its current price shows an astonishing +1,859% gain from its all-time low of $0.0001526 in March 2020. In other words, while the token has retraced significantly from its peak, it has a history of massive upside potential during bullish cycles.
Let’s not forget: in January 2024, VTHO previously triggered a 400% rally from a similar support zone. That move also followed a period of prolonged fear in the market—much like what we’ve just seen. According to trader Volodymyr, the recent bounce from the “Green zone” support has historically been a launchpad for explosive growth.
Why Does VeThor Token Matter in the VeChain Ecosystem?
VTHO is often overlooked, mainly because it’s not the flagship token of the VeChain project—that role belongs to VET. However, VTHO is the lifeblood of the VeChainThor blockchain.
What is VeThor token? VeThor Token (VTHO) is the utility token of the VeChainThor blockchain. It’s used to pay for transaction fees and smart contract operations on the network, helping power the entire system.
There are currently 88.4 billion VTHO tokens in circulation, with no fixed maximum supply. The total supply is also 88.4 billion, and since the token is used for transactions on the VeChain network, more can be generated over time.
What is VTHO used for?
While VET is used as a store of value and for staking, VTHO pays for transactions and smart contracts on the network. This makes VTHO comparable to Ethereum’s gas fee model—but with one important difference: it’s designed for stability, not speculation.
VeChain’s dual-token structure aims to shield enterprises from unpredictable transaction costs. This design is crucial for VeChain’s adoption in real-world use cases, especially among businesses and governments exploring blockchain for supply chain management and sustainability efforts.
Is VTHO worth anything?
With increased usage of the VeChainThor blockchain, demand for VTHO rises. So, price spikes like the one we’re seeing may not be purely speculative—they could be tied to deeper ecosystem activity.
Fundamentals Driving the VeThor Token Momentum
Aside from technicals, the VeChain ecosystem has been expanding rapidly. Recent projects like:
- VeCarbon (carbon footprint tracking),
- VeChain NFT Marketplace, and
- VeWorld Wallet
…are gaining traction in both enterprise and retail circles. These innovations aren’t just press releases—they reflect actual product rollouts that demand more activity on the blockchain. And more activity means more VTHO burned.
Also worth noting: VeChain’s Proof-of-Authority (PoA) 2.0 consensus mechanism is live, and its efficiency appeals to businesses focused on sustainability and low-carbon tech. This might explain a gradual rise in on-chain activity, especially as more companies explore blockchain + IoT + AI integrations using VeChain’s infrastructure.
Is This a Trend Reversal or a Dead-Cat Bounce?
Some traders are skeptical. One notable voice from Crypto Blog warns that sharp moves like this can “cool off quickly,” especially when driven by emotional retail buying. And they’re not wrong—overbought RSI levels often lead to short-term corrections.
However, the broader context matters.
The market cap is still relatively low at $266 million, which leaves plenty of room for upside. More importantly, Volume-to-Market Cap ratio is over 200%, a rare and extremely bullish metric that suggests whales and institutions may be accumulating.
Where Does VTHO Go From Here?
If momentum holds and the broader crypto market avoids major shocks, VeThor token could break past $0.004 in the near term, especially if it flips current resistance levels into support.
However, don’t expect a straight line up. Traders should watch for:
- RSI cooling toward neutral zones (~50-60)
- Volume consolidation above $100M
- Potential retests of the $0.0025 support zone
As always, volatility is part of the game in altcoins—but this rally has technical and fundamental backing. That’s a combination worth paying attention to. However, let’s remember that anything is possible in crypto. Who thought MANTRA (OM) would lose $6B in less than 1 hour?
Is VeThor worth buying? VeThor can be worth buying if you believe in the long-term growth of the VeChain ecosystem, as VTHO is essential for network transactions. However, it’s highly volatile and best suited for those comfortable with risk. Always do your own research before investing.
Will VTHO reach $1?
It’s highly unlikely that VTHO will reach $1 anytime soon. With a circulating supply of 88.4 billion and no max cap, hitting $1 would mean a market cap of over $88 billion—more than most major cryptocurrencies. Unless there’s massive global adoption of the VeChain network and a major reduction in supply, such a price is unrealistic in the near future.
Final Thoughts on VeThor Price
VTHO’s 45% daily surge is more than just a blip on the radar. The token is backed by real utility within the VeChainThor network, and its dual-token economy offers a stable, business-friendly foundation for future growth.
For new investors or traders, now may be the time to start watching VTHO closely. Whether this turns into a full-fledged bull run or just another short-term bounce will depend on how the next few days unfold.
But one thing is clear: VTHO is no longer flying under the radar.
Disclaimer: The information provided here is for educational and informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments are highly volatile and carry significant risk. Always conduct your own research or consult with a qualified financial advisor before making any investment decisions.
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