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Live VELO Price Analysis
The current real time Velo price is $0.0139, and its trading volume is $829,499 in the last 24 hours. VELO price has grew by
2.34%
in the last day, and increased by
4.28%
in the last 7 days. It's important to note that current Velo market capitalization is $102,643,098, and the maximum supply is 24,000,000,000 VELO coins. Talking about circulating supply, VELO has 7,390,475,595 coins. Currently, Velo rank on the market is #260.
Velo price today is
99.33%
below
all time high, and it is
10,979.82%
above
all time low.
All data and prices are updated in real-time. The most active and popular exchanges for buying or selling VELO are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.
What is Velo?
The Velo token or VELO is a utility token powering the Velo Protocol.
VELO is necessary to join the Velo ecosystem. It’s deployed on the Stellar blockchain.
They can be acquired via major supported exchanges. You can find our recommended exchange list in the section above.
There is a max cap of 30,000,000,000 VELO tokens which makes the VELO supply deflationary. This could mean that as the VELO tokens become more scarce, the VELO price will increase.
Velo tokens have been distributed as follows:
- 23% - Development Reserve;
- 18% - Market Development;
- 18% - Future Development;
- 17% - Reserve;
- 10% - Founders;
- 8% - Team & Early Supporters;
- 5% - Private Placement;
- 1% - Exchange Listing.
If you need more detailed information, you can check out the VELO price graph above. In addition to the current price, the graph will provide you with an in-depth look at the VELO price history and its tendencies.
What are the Main Features of Velo?
Velo is a blockchain project aimed at providing a decentralized payment network powered by digital credits. These digital credits are backed by collateral.
The project itself is running on Velo Protocol.
One of the primary goals of the project is to greatly improve the processes of international payments by utilizing blockchain technologies.
Who Developed Velo?
The whitepaper behind the Velo crypto project was published in mid-2020 by Velo Labs. The latter is a blockchain-based company led by Mike Kennedy and James Wu who take on the roles of CEO and CTO respectively.
Velo has managed to put together a solid team of advisors from various sectors including Je McCaleb from Stellar, John Ng Pangilinan from Signum Capital, and Paul
Veradittakit from Pantera Capital as well as academics prof. David Mazières and prof. Robert Townsend.
What's Velo trading volume in the last 24 hours?
VELO has a trading volume of $829,499 in the last 24 hours.
What's Velo highest price ever?
VELO has a highest price of $2.07, which was reached on Mar 08, 2021 (4 years 2 weeks ago).
What's Velo lowest price ever?
VELO has a lowest price of $0.0001, which was reached on Dec 11, 2022 (2 years 3 months ago).
What are the best exchanges for buying and selling VELO?
What are the safest hardware wallets for keeping VELO?
According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Velo. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.
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