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Velas Token (VLX): Everything you Wanted to Know before Investing!

Velas Token (VLX) is one of the most popular cryptocurrencies in the crypto market (having more than 16,000 cryptocurrencies) currently. In terms of market cap, it is currently the 90th largest digital currency (over US$1.02 billion in market capitalizations). Should you invest in it? Is it a good investment? To answer all your queries, let me walk you through the Velas Token, how it works, and many more. 

What is the Velas Token (VLX)? How does it Work?

Velas is the fastest EVM Blockchain in the world that enables up to 75,000 tx/s. Processing is done instantly and the highest possible security is provided at almost free of cost. Velas ecosystem provides you with decentralized, open-source products with ease of use. A prominent blockchain and crypto entrepreneur, Alex Alexandrov, founded the Velas ecosystem startup in 2019. This startup is based in Switzerland. 

  • All smart contracts and decentralized applications (popularly referred to as dApps) are supported by EVM. 

  • With the help of Velas, you can carry out instant transactions at a low cost. Therefore, you can experience an extremely efficient performance at a far lesser cost. 

  • Velas Account provides you with passwordless solution that helps in interacting with blockchain technology applications (with convenience as high as Google account and PayPal) without sacrificing security of the users.  

  • It offers a decentralized access management system, providing file control access to users on IPFS through the use of multiple encryption types.

  • Velas Vault provides a unique solution for storing your secrets as well as private keys. Various use cases are provided including decentralized custody solutions other blockchains’ native tokens such as ERC-20, ETH, BTC, and others. 

  • You can also access Velas wallet. It is a multi-currency wallet that also provides staking functionality.

  • MicroApps is a soon to be supported cross-platform decentralized application that can store code (logic) and user interface on-chain. 

Velas Network is a complete hybrid EVM/eBPF chain of Solana and Ethereum, thereby providing you with the best of both the world. In comparison to other blockchains, this network provides you with:

  • High-performance protocol
  • Better transaction processing mechanism
  • More efficient consensus model

Some of the best aspects of Velas network are:

  • Security
  • Scalability
  • High performance
  • 1.2 sec finality
  • Extremely low fees
  • EVM/Solidity support

Velas token (VLX) uses Proof-of-Stake consensus mechanism. 

Velas Token (VLX): Facts & Figures

All these facts and figures (as of January 6, 2021) will help you to make a decision on investing in the Velas Token. Before making Velas Token transactions, check out these facts and figures associated with this cryptocurrency of choice:

  • Velas Token VLX Price: US$0.4533 (VLX Current Price)
  • 24hour Trading Volume (24h Volume): US$29,043,980
  • All-Time High (ATH) Price: US$0.572 (reached on Nov 04, 2021)
  • All Time Low (ATL) Price: US$0.01162 (reached on Oct 16, 2019)
  • 24h Low: US$0.4355
  • 7d Low: US$0.3517
  • 30d Low: US$0.1911
  • 90d Low: US$0.1343
  • 52 Week Low: US$0.02835
  • YTD (Year-To-Date) Return: 35.83% YTD (Year-To-Date)
  • Market Cap: US$1,017,972,389 (US$ 1.02 billion)
  • Crypto Rank (in terms of market cap): 90th in the crypto market
  • Fully Diluted Market Cap: US$1,012,136,243
  • Max Supply:
  • Total Supply: 2,245,778,548
  • Circulating Supply: 2.25 billion VLX

If you check the VLX price chart and price history, you’ll find that since its launch, the price of VLX has in fact increased by +2,247.92%. Since its all-time low, it has bounced back by +3,779.19%. From its ATH, the current VLX price is still -21.21% down. So, before buying Velas Tokens, you should check the fundamental and technical factors.

Always check out VLX markets, the ways to earn Velas Tokens, market data, key metrics, comparison tools, and technical price analysis, top cryptocurrency price, price change over time, and cryptocurrency news before trading or investing. Also, consult crypto financial advisors and get tips from them on trending coins, know the ways of buying cryptocurrencies, and how to earn crypto easily. 

VLX Velas Token Price Prediction

  • According to Wallet Investor, the average Velas price is going to reach around:
  • US$0.730 by 2022
  • US$2.044 by 2026

  • According to DigitalCoinPrice, the average price of Velas VLX is going to reach:
  • US$0.61270554674 by 2022
  • US$0.69978547529 by 2023
  • US$0.81330158997 by 2024
  • US$0.96663682547 by 2025
  • US$0.90201409818 by 2026
  • US$1.27 by 2027
  • US$1.56 by 2028
  • US$1.89 by 2029

  • According to GOV Capital, the average price of VLX is going to reach:
  • US$0.726 by 2022
  • US$1.196 by 2023
  • US$1.719 by 2024
  • US$2.406 by 2025
  • US$3.217 by 2026

Where can you Buy Velas Tokens?

You can buy Velas Tokens in almost all reputed cryptocurrency exchanges including:

  • KuCoin
  • Uniswap (V2)
  • Bittrex

You can use credit cards, debit cards, or money transfers from a bank account to fund your cryptocurrency trading or investing account in a leading cryptocurrency exchange. 

The most popular price pairs of VLX are:

  • VLX/WETH, and many more.

Before investing, check out VLX history and its historical data, crypto news, Velas Token price charts, price performance, market updates, VLX to USD (United States Dollar) exchange rate, the value of Velas Token, the Bitcoin price trend (as VLX is one of the hard forks of the original Bitcoin token), trading fees, and others.

What are the Best Crypto Wallets to Store Velas Tokens?

The best Velas Token cryptocurrency wallets to store VLX coins are:

  1. Trust Wallet
  2. MetaMask
  3. Binance Chain Wallet

Invest in Velas Token and Other Cryptocurrencies

You can buy and sell VLX and other virtual currencies against various fiat currencies (US Dollar USD, British Pound Sterling, Canadian Dollar CAD, South Korean WON, Singapore Dollar, Taiwan Dollar, Russian Ruble, Chinese Yuan, Hong Kong Dollar, etc.) through a wide array of crypto exchanges (centralized or decentralized exchanges), crypto APIs or mobile app, and Velas Token markets. Use Dollar Cost Averaging DCA strategy to invest in cryptos to minimize the risks associated with high volatility. 

If you want to increase your investment explosively in the coming 5-to-10 years, buy crypto coins now. Keep an eye on the market news, price statistics, block times, blockchain news, and others to time your trading of Defi protocols and tokens for maximum profit. 

You can also diversify your crypto coin portfolio by including other digital assets such as VLX, XMR, FIL, ETC, WBTC, BCH, BTC ETH, AAVE, Ripple XRP, Bitcoin Ether ETH, Bitcoin Cash BCH, Basic Attention Token, Ethereum Classic, Shiba Inu SHIB, Binance Coin, Dogecoin price, Wrapped Bitcoin (some also call it wrap bitcoin or wBTC), USD Coin, Gemini Dollar, ERC20 tokens (created on Ethereum blockchain), nonfungible tokens NFTs, and others. 

Also check whether you can exchange Velas Token with the fiat currencies of other countries such as South Africa, Saudi Arabia, the Republic of the Congo, United Arab Emirates, United Kingdom, South Korea, and other countries.

Invest in cryptocurrencies, various types of stocks, mutual funds, index funds, real estate, and others to improve your personal finance. If possible, get help from a portfolio manager or wealth management firm for maximum return. You can also increase your income through yield farming, using Telegram bots and other automated trading bots, and many more.

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NapBots provides you with various indices that include a basket of tokens with high market capitalization and is categorized by theme (such as Solana, NFT, DeFi, and others). This platform introduces an intuitive interface as well as advanced allocation tools for enabling new investors to create and manage advanced crypto indices easily.

The best part of NapBots is that it tracks and executes trades automatically on the basis of your pre-set choices of indexes. The platform is very affordable as it enables you to start trading as low as US$150 with a monthly service fee of just 2.5%, which is far below the current rate of other cryptocurrency index providers. Therefore, NapBots reduces the financial barriers and at the same time eliminates the need for human intervention and the consequent human error. 

Get started with crypto-asset investing by investing through, a dynamic crypto index for expanding diversified exposure to bitcoin and leading Crypto-assets at reduced financial barriers and no human error.