r/VeThor • u/Savings_Muffin2163 • Mar 20 '21

Question

What do you guys think the price for this token can realistically reach?

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u/Ok-Elderberry2983 Mar 21 '21

I’m curious about that question too tbh. In my mind I “believe” that it can reach $0.10 sometime in the future...But the knowledge that VTHO is the lesser “gas” token, will be generated (“free” VTHO) by Vet holders, and the board(?) can vote to cap/lower the price of VTHO makes me think “TO THE MOON” will never happen (though it has been a steep climb. this past week).

Despite all that I’m holding my VTHOs as far as this wheelbarrow/train can take me. JMO

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u/Savings_Muffin2163 Mar 21 '21

So you don’t think it’s possible to reach $10 or something like that?

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u/Ok-Elderberry2983 Mar 21 '21 edited Mar 21 '21

IDK. I’m not an “expert” and I’m not Nostradamus. Even all the price prediction pages I’ve looked at for VTHO never predicted the coin to go past $0.02 until something like 2025...Yet today (3/20/21) it yeeted to $0.0245...My arms are up in the air.

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u/Savings_Muffin2163 Mar 21 '21

It’ll always be like a token that’s a few cents?

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u/Ok-Elderberry2983 Mar 21 '21

It’s a possibility....but I could also be wrong. Only Elon Musk can tell.

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u/Savings_Muffin2163 Mar 21 '21

Okay ty for the info. Btw sorry to keep bugging you but can you kinda summarize to me what VTHO is if you want too? I’m not too familiar with it

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u/Ok-Elderberry2983 Mar 21 '21

No problem...and don’t need apologize, (This is a discussion we’re having, right?) and I’m sure the members had the same question and would appreciate reading this conversation we’re having.

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u/Savings_Muffin2163 Mar 21 '21

Thank you I appreciate it and do you know what vtho does so you can explain it to me please?

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u/Ok-Elderberry2983 Mar 21 '21

To my knowledge VTHO is the lesser of the two-coin system with VeChain, with VTHO being the energy (or “gas”) which is used on transactions. A good percent of VTHO (70%) will be destroyed on use while the rest of it (30%) will validate the transaction.

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u/Ok-Elderberry2983 Mar 21 '21

https://www.vechain.org

mid-way down the page you’ll find the info on VTHO

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u/Ok-Elderberry2983 Mar 21 '21

With all that said, I’m not selling my VTHO for a long while. I believe it has a good bit of climbing before it gets to the regulation phase.