VeThor Token’s Trading Volume Skyrockets: You Won’t Believe the Numbers! 🚀

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Well now, gather ’round, folks! It seems that the VeThor token has taken a mighty leap, soaring over 80,300% faster than a cat on a hot tin roof, all thanks to its recent debut on Upbit, South Korea’s grandest crypto exchange. Who knew a little token could cause such a ruckus? 😄

On the 21st day of January, Upbit decided to throw open its doors to the VeThor Token (VTHO), allowing trades in both the Korean Won (KRW) and Tether (USDT) markets. And lo and behold, by the 22nd, VTHO’s trading volume had exploded by a staggering 88,000% in just 24 hours! According to the wise folks at CoinMarketCap, Upbit now holds more than 66% of VTHO’s trading volume, with a jaw-dropping $2.1 billion exchanged in a mere day. Talk about a gold rush! 💰

As I pen this, VTHO is sitting pretty at $0.008981, which is a sprightly 300% increase from the day before. But hold your horses! It’s still about 80% shy of its all-time high of $0.042, which it reached back in the balmy days of August 2018. Ain’t that a kicker?

Now, let me take you back to July 2018, when VTHO was born as part of the first phase of the VeChainThor blockchain, after making its initial splash as an ERC-20 token in 2015. It’s like watching a child grow up, only this one trades in digital currency! 🍼

VeChainThor uses VTHO to fuel transactions and smart contracts on its network. You see, VTHO is generated by holding VeChain Tokens (VET) and is gobbled up during blockchain operations, ensuring everything runs smoother than a greased pig at a county fair.


As the days roll on, the number of unique addresses engaging with VTHO on the VeChainThor blockchain has been climbing like a squirrel up a tree, crossing the 2.9 million mark in early January 2025, according to the good folks at VeChain Stats. Can you believe it? 🐿️

How far can VeThor rise this bull run? Well, that’s the million-dollar question!

Now, let’s talk about the MACD, which is a fancy term for a technical indicator that tells us whether the market is feeling bullish or bearish. It’s got a MACD line, a signal line, and a histogram—sounds like a party, doesn’t it? 🎉 The recent crossover into bullish territory suggests that the bulls are stampeding, and the pressure is mounting.

As the histogram widens between the MACD and signal lines, it’s clear that bullish momentum is gaining ground. This means folks are getting more interested in VTHO, which could keep the performance train chugging along. While it can’t predict exact prices, it sure gives us a peek into the market’s direction.

If this momentum holds and the market stays on the sunny side, the token might just retest those psychological barriers in the $0.01–$0.015 range. But remember, dear reader, in the world of crypto, nothing is set in stone. So, do your own due diligence, and keep your wits about you! 🧐

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2025-01-22 13:18