Velo Crypto Price Prediction 2023-2030: Will Velo Crypto reach $1?

Latest Velo Price

Velo Past Performance

• Last 1 Month: +36.6%
• Last 1 Year: +54.4%
• Since Launch: -99.3%

Exchange Dominance: OKX: 34.0% (Low Risk)

Velo announced that exciting developments are in the pipeline, and they’re eagerly preparing to share a major announcement with everyone very soon.

Velo has announced that the Universe Super DEX has achieved a remarkable milestone by reaching a historic monthly trading volume of over $100 billion in USDG, demonstrating the trust and engagement of its growing community of traders.

Moreover, the Universe mobile app has evolved into a DeFi wallet to improve user accessibility, placing users at the heart of their ecosystem. Furthermore, Velo’s collaboration with the Orbit product within the Velo project is set to revolutionize the fiat-to-crypto on/off-ramp process with same-day global settlements, and it adheres to international QR code standards for seamless payments to millions of merchants.

Velo Price Prediction: Is Velo Crypto a Good Investment?

Team: Tridbodi Arunanondchai, Chatchaval Jiaravanon

Velo is developing a “Web3+” ecosystem that combines traditional finance infrastructure with Web3 technology to provide financial services. The ecosystem comprises three core aspects

• Applications: The Applications aspect provides key tools for businesses and accelerates their services to end-users in both traditional and Web 3.0 worlds
• Economics: The Economics aspect includes low fees, liquid capital, and limitless technology to increase money velocity
• Mobility: The Mobility aspect enables seamless movement of funds or assets, with deep liquidity and minimized barriers to entry.

Velo plans to address fundamental security and compliance matters by adopting a hybrid model that incorporates what works from Web2, to satisfy regulators while ensuring control is still in the user’s hands. Velo’s Web3+ product suite includes core platforms, namely

• FCX (Digital Asset Trading Platform) – FCX serves licensed financial institutions, money transfer operators, and FX traders and acts as a B2B anchor between financial networks.
• Quantum (Remittance Platform) – Quantum uses liquidity provided by Trusted Partners to serve money transfer operators (MTOs) for settlement and rate quotations to its customers.
• Universe (Trading Platform for individual traders) – Universe provides comparable key functionality and performance of a centralized exchange with a decentralized self-custodian wallet.
• Orbit (Mobile Payment Application) – Orbit is a mobile payment application that integrates with the current QR code payment system

Other services include

• Auxiliary services include the On/O-ramp Service, a mechanism to bridge fiat to the Web3+ ecosystem, and the Nova payment system, ensuring minimal costs to users.

The following are the use cases of the Velo tokens:

• Users can use their VELO tokens as collateral to receive digital credits.
• VELO token holders can participate in the governance of the platform via voting mechanisms.
• Users can make MTO settlements of funds through smart contracts by using VELO tokens.

As per the reports, the global decentralized finance market is expected to grow at a CAGR of 46% by the end of 2030.

Velo’s Partnerships

Velo Universe has recently integrated with Xangle. By incorporating the Xangle Economic Calendar into the Velo Universe platform, users now have a valuable tool to keep themselves informed about important events and announcements in the cryptocurrency and Forex markets. This calendar offers details about economic events, project updates, token releases, and Forex market events, helping traders and investors make smarter decisions.

Velo is playing in too many segments with a wide range of competitors, we would say Velo is not a good case for Investment.

Filecoin Price Prediction

Velo Price Prediction

Before predicting whether the VELO coin is expected to go up or down in the coming future, let us first overview its price history for the past few months. Velo Coin’s performance in the past months can help us gain the required context for the future. Let’s discuss:

The all-time high value of VELO is $1.9 which it achieved in November 2020. Note that Velo Coin has lost 99.5% from its all-time high price, meaning that it has a huge scope for growth in the future.

Velo Price Prediction: Will Velo Reach $1?

In order for Velo to reach $1, it would need to increase by a factor of 409. At $1, Velo’s Market Cap will be $7.3 billion. If Velo were to grow at a rate of 25% each year, it would take about 26 years to reach $1. Let us evaluate this data

• Quality of Investment- Poor
• Growth required to reach $1- Feasible
• Market Cap at $1- Not Feasible
• Time required to reach $1 if Velo were to rise at 25% per annum- Not Feasible

Considering the criteria Quality of Investment, growth required, and time required, Velo has very low chance to reach $1.

Velo Price Prediction: Will Velo Reach $10?

In order for Velo to reach $10, it would need to increase by a factor of 4093. At $10, Velo’s Market Cap will be $73 billion. If Velo were to grow at a rate of 25% each year, it would take about 37 years to reach $10. Let us evaluate this data

• Quality of Investment- Poor
• Growth required to reach $10- Partially Feasible
• Market Cap at $10- Not Feasible
• Time required to reach $10 if Velo were to rise at 25% per annum- Not Feasible

Considering the criteria Quality of Investment, growth required, and time required, Velo has no chance to reach $10 anytime soon.

Velo Price Prediction Today

Velo Price Prediction 2023–2030

• Velo Price Prediction 2023 is $0.00334
• Velo Price Prediction 2024 is $0.00552
• Velo Price Prediction 2025 is $0.00801
• Velo Price Prediction 2026 is $0.0113
• Velo Price Prediction 2027 is $0.0134
• Velo Price Prediction 2028 is $0.0176
• Velo Price Prediction 2029 is $0.0247
• Velo Price Prediction 2030 is $0.0359

Also Read: NEAR Price Prediction

Where Can I Buy VELO Tokens?

Velo tokens can be purchased on various centralized and decentralized exchanges. Some of them are mentioned below:

• Bithumb
• KuCoin
• Gate.io
• OKX
• Huobi

~Charu Taneja

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.