Velas VLX Price Targets and Stop LossVLX/USDT
Entry Range: $0.22 - 0.25
Price Target 1: $0.28
Price Target 2: $0.33
Price Target 3: $0.38
Stop Loss: $0.18
VLX
vlx (im hodler)
🔰 What is Velas?
Velas is the world's fastest EVM Blockchain enabling up to 75,000 TPS , processed instantly, with highest security out there, at almost for free ($0.00001 TF only). Velas Ecosystem consists of decentralised products built on top of its chain to present the ease of user experience of decentralised, open-source products.
velas coin JUST HOLD IT.velas coin
🔰 What is Velas?
Velas is the world's fastest EVM Blockchain enabling up to 75,000 TPS, processed instantly, with highest security out there, at almost for free ($0.00001 TF only). Velas Ecosystem consists of decentralised products built on top of its chain to present the ease of user experience of decentralised, open-source products.
Our suggestion: buy this coin currency and just hold it.
It would be great to have a long-term investment and hold this coin.
Start buy in stages now.
The best buy ranges are on the way.
The 0.18 range is better and safer.
_
In coinmarketcap, the amount of holders and their value is increasing and it is suitable for holding.
_
Targets:
0.50
1.00
1.80
...
13.80😳👌
Do not forget to just hold it.
Velas VLXFundamentally super strong project.
But looking for the TA, maybe its playing out double bottom pattern. Price going to touch support at 0.29 and then im completely bullish. If its coming little bit down the RSI going to be more healty too.
Velas - VLXVelas is the Fastest EVM/eBPF Hybrid Chain of Solana and EVM, and this way inherited the best from both: Up to 75 000 TPS, 1.2 - second finality, extremely low fees and EVM/Solidity support. And surely, if Velas is a new promising platform for DeFi applications, then of course an analog of DAI is needed in this space, given what it is for DeFi on Ethereum. It is this niche that they are striving to fill with the VeleroDAO project and USDV stablecoin — an analog of DAI from MakerDAO. It will be the most serious infrastructure project for the Velas ecosystem that is in the spirit of the open Internet Web 3.0, completely decentralized.
Recently, Velas team designed a 100 mln grant program for developers and projects running on Velas.
The infrastructure of VELAS is now developing so rapidly:
BitOrbit - The first decentralized social media platform on Velas chain;
Velaspad - lauchpad for Velas ecosystem;
Wagyuswap - DEX;
Swapz - a cross-chain stablecoin swapping platform.
They have a strategic partner —Bluezilla Incubator which has shown incredible results over the past year. The incubates projects ATHs:
1290x - MetaVPad
630x - Velhalla
527x - AstroSwap
410x - KCCPad
380x - PulsePad
360x - ADAPad
329x - BSCPad
304x - WagyuSwap
276x - VELASPad
255x - TRONPad
214x - Bitorbit
212x - NFTLaunch
206x - GameZone
197x - CrossWallet
184x - Aioz
166x - ETHPad
121x - BSCStation
99x - CrossSwap
87x - BlindBoxes
38x - Swapz
I think they will give a boost to the Velas ecosystem.
Best regards,
EXCAVO
Velas: possible a great project yet undervalued1. Introduction
Maybe this is one of the big projects still in the initial phase.
Imagine investing in Solana, buying the SOL token when it was worth only pennies on the dollar.
Today it is worth $180...
2. Definition
Basically, Velas is a Solana-based blockchain that aims to simultaneously deliver Solana's speed and scalability, with EVM (Ethereum Virtual Machine) compatibility.
Ethereum is the largest DeFi ecosystem in the world.
This compatibility will facilitate mass portability of Dapps who want to take advantage of the resources of the Solana ecosystem.
VLX is the token used for transactions, payments, fees and Proof-of-Stake consensus, just as SOL is used in the Solana network.
3. Tokenomics
'Tokenomics are the economics rules of behavior and interaction of participants in the blockchain network'.
Total supply: 2,124,380,663 VLX
Circulating supply: 2,124,380,663 VLX
Inflation rate: -8%
4. Wallets
Velas EVM x Velas Native x Velas Legacy
a) Velas EVM --> is a wallet to interact with EVM applications (made with Ethereum technology).
Also used to exchange currencies for BEP-20 (Binance Smart Chain) and ERC-20 (Ethereum Mainet Chain) format.
b) Velas Native --> is the required wallet for staking, and applications written at the native level (Solana technology).
c) Velas Legacy --> is a wallet to interact with old exchanges or exchanges that have not yet migrated to the Velas EVM\Native
5. DeFi
The network already has an active DeFi.
On the DeFi Llama website, the blockchain has a TVL (Total Value Locked) of $31,166,653.
It is still at an early stage with only one Dapp: WagyuSwap , whose token is WAG .
By way of comparison, the Ethereum network has a TVL of $196.81b, and Solana has $11.79b
6. Graphical Analysis
For a more thorough analysis, I pulled Coingecko's past data.
We have a bullish parallel channel.
Plotting the Fibonacci retracement from the bottom of 0.03 to the top of 0.63, we can see that we are theoretically at a good buy point at the 61.80% or 50% resistance.
In a more optimistic scenario, the price could test this region of 61.80% and 50% and then rise again.
In a bearish scenario, the price could retest the channel at the bottom, and only then go back up.
Greetings
Velas VLXIs there next pump coming?
Lets see how fast we take all TP points this time.
SL = last low + atr
TP = Fibonacci
We are now bouncing on the support and i think we are going to break trendline. Enter trade if we break trendline and we are above the support zone.Dont enter if this idea dont play out!
Velas next move (LONG)After long sideway move we are waiting breakout of:
1. Trendline +
2. Resistance zone
Fibo. 3 tp points
🔻 VELAS- Getting OUT and staying FAR AWAY!!! 👎🏾👨🏾🦰I will get back with a video in due time.
For the time being I am getting OUT and staying as far AWAY as possible from Velas and it's tokens
FAR FAR FAR AWAY!!!!!
These people are a potential hazard.
No Love here,
the FXPROFESSOR
SOLANA Tokens - Pumping like CRAZY 🎟️Solana rally mimicking Ethereum? Why a $500 SOL price target could be 'conservative'
The sixth-largest cryptocurrency by market cap remains one of the best performers despite the overall crypto market losing more than $200 billion. cointelegraph.com
Take a look at some of Solana's tokens:
portnetwork.io (PORT)
mercurial.finance (MERCURIAL FINANCE)
projectserum.com (SERUM)
velas.com (VELAS)
Solana is going strong, the trend is our friend, hopefully a little correction will help us get on this train.
One Love,
the FXPROFESSOR
(THANKS ATA FOR THE TIP!)
VELAS - Can This Be REAL?? 😮💨Whitepaper, page 8 ( velas.com - it says it's 1,000 times better than Ethereum, 800 times better than Cardano)
If this is Real (is it though??) then these people got BIG TIME GAME!
Can it be real? If anyone here is super advanced in this technical part I would be obliged if you share your opinion.
Can this be the fastest, cheapest, ultimately best technology?? Or is it all BS?
One Love,
the FXPROFESSOR
(This is either THE Unicorn or a very fake one)
Today's presentation:
www.youtube.com If anyone knows who the lady at the presentation is please hook me up
