What determines the price movement of Velo (VELO)?

There are two schools of thought when it comes to determining the price of a cryptocurrency like Velo. By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Velo, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Velo. By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Velo on the basis that history tends to repeat itself. Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Velo. Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Velo and the broader cryptocurrency market.

What is the highest price of Velo price in history?

Velo achieved the all-time high of 2.29 in 2021-03-08, and is currently trading at 0.008463.

What is the lowest price of Velo price in history?

Velo reached its all-time low of 0.00103046 on 2022-12-20.

What is the current market cap of Velo?

The current market cap of Velo is 148643083.561245, as 17563876115 VELO is trading at the price of 0.008463.

How many Velo are there in the market?

There are currently 17563876115 VELO circulating in the market. These Velo can be actively traded or used in the open market.

What is the maximum supply of Velo?

The maximum supply of VELO is 24000000000 , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

What is the fully diluted market cap (or FDV) of Velo?

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Velo is 202868176.40450999001. The FDV is calculated taking the assumption that all supply of Velo is circulation, multiplied by its current price of 0.008463.

What is the price prediction of Velo ?

Using an algorithm to automatically identify historical data trends, this Velo price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Is Velo a good investment?

Velo offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Velo and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in Velo.

You can buy Velo via Gate by following the steps on how to buy VELO once you have funded your account.

Velo Price

VELO

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Velo (VELO) Price Live Chart

Velo (VELO) Price Today

Velo (VELO) price today is $0.008463, with a 24-hour trading volume of $586.54K and as such Velo (VELO) has a market cap of $148.64M, giving it a market dominance of 0.0059%. The Velo (VELO) price moved +11.03% in the last 24 hours.

VELO Price Data

24h Turnover$586.54K
All-Time High(ATH)$2.29
24h High$0.008475
All-Time Low(ATL)$0.00103
24h Low$0.0075

VELO Market Cap Infos

Market Cap$148.64M
Fully Diluted Valuation$202.86M
Market Cap/FDV73.18%
Market SentimentPositive

VELO Supply

Circulating Supply17.56B VELO
Total Supply23.97B VELO
Max Supply24B VELO

*Data is for reference only

Velo (VELO) Price Prediction

Velo(VELO) is predicted to average $0.008443 in 2026, with a potential swing between the lowest price $0.005234 and the highest price $0.01013. By 2031, Velo(VELO) price could reach to $0.02045, offering a potential +90.00% return from today’s Velo price.

Year	Minimum Price	Highest Price	Average Price	Change
2026	$0.005234	$0.01013	$0.008443	--
2027	$0.006036	$0.01365	$0.009287	+9.00%
2028	$0.007799	$0.01697	$0.01146	+35.00%
2029	$0.01251	$0.01493	$0.01422	+68.00%
2030	$0.00933	$0.01763	$0.01457	+72.00%
2031	$0.01159	$0.02045	$0.0161	+90.00%

Velo(VELO) Price History

Velo(VELO) price has moved +11.03% in the last 24 hours, and +23.56% in the past 7 days. The price of Velo(VELO) is +39.46% in the past 30 days, and -70.47% over the last year.