VeThor Token (VTHO) is the gas/utility token for the VeChainThor blockchain, used to pay transaction fees and smart contract costs on the network.
VTHO currently trades around ৳0.08 in Bangladeshi Taka (~$0.00064 USD), sharply down from its 2018 peak, reflecting long‑term correction and lower speculative demand.
Short‑term price swings are driven mostly by broader crypto market sentiment and Bitcoin correlation, rather than VTHO‑specific news.
Recent upgrades to the VeChain network (like Hayabusa and staking changes) tie VTHO generation to VET staking, potentially reducing inflation and improving fundamentals.
Technical indicators show oversold conditions with occasional relief bounces, but overall trend remains weak without sustained on‑chain activity or demand.
VTHO’s utility role means long‑term value depends on VeChain adoption and transaction volume, making it more of a network fuel token than a pure speculative asset.
$VTHO #VTHOToken #vtho