Velo

VELO Price

About Velo

Velo Labs is building a unique federated credit exchange network powered by the Velo Protocol, a blockchain financial protocol that enables digital credit issuance and borderless asset transfers for businesses using a smart contract system. The project's core mission is to enable partners to safely and securely transfer value between each other in a timely and transparent way. The Velo Protocol achieves this by allowing partners to issue digital credits via a smart contract layer, utilizing the Stellar Consensus Protocol to process and settle transactions. This enables multiple business use cases based on its core function: issuing collateral-backed digital credits corresponding to any fiat currency, facilitating frictionless value transfer.

Where can you buy Velo?

VELO tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Velo is Bitget, where the most active trading pair VELO/USDT has a trading volume of $273,035.03 in the last 24 hours. Other popular options include Deepcoin and KuCoin.

What is the daily trading volume of Velo (VELO)?

The trading volume of Velo (VELO) is $1,767,467.74 in the last 24 hours, representing a -59.90% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Velo (VELO)?

Velo (VELO) reached an all-time high of $2.29 and an all-time low of $0.001030. It’s now trading -99.80% below that peak and 380.40% above its lowest price.

What is the market cap of Velo (VELO)?

Market capitalization of Velo (VELO) is $86,944,822 and is ranked #321 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of VELO tokens (18 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Velo (VELO)?

The fully diluted valuation (FDV) of Velo (VELO) is $118,803,165. This is a statistical representation of the maximum market cap, assuming the maximum number of 24 Billion VELO tokens are in circulation today. Depending on how the emission schedule of VELO tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Velo compare against its peers?

With a price decline of -9.80% in the last 7 days, Velo (VELO) is underperforming the global cryptocurrency market which is down -3.20%, while underperforming when compared to similar Decentralized Finance (DeFi) cryptocurrencies which are down -3.30%.