The initial coin offering (ICO) market has exploded over the past year, and there are now more than 80 different ICOs happening each month. With this influx of new crypto tokens entering the market, it can be difficult to figure out which ones are worth buying or not.
A relatively new token called VLX Coin recently raised $4 million through an “ICO” and has seen significant gains in its price in just one week. So what should investors know about VLX Coin? Is it a good investment? Read on to find out everything you need to know about VLX Coin before you buy any tokens.
What Is VLX?
Velas is the first and fastest EVM/eBPF Hybrid Chain mechanism blockchain, that allows building decentralized applications and smart contracts on its mainnet, allows the scalability of transactions, and can validate up to 75,000 transactions per second.
VLX is an ERC-20 token and cryptocurrency to solve the blockchain trilemma with its design to be secure, interoperable, and extremely scalable.
About VLX Team
The team behind VLX has years of experience in venture capital, private equity, and hedge funds investing. VLX aims to transform the global economy by democratizing access to early-stage investments across borders.
The management team consists of successful entrepreneurs, investment bankers, and C-suite executives with extensive experience scaling multi-billion dollar businesses.
The experts on their board have spent decades as founders, investors, operators, and advisors in some of the most innovative companies on the planet.
What Makes The VLX Unique
VLX is an innovative cryptocurrency and blockchain platform that offers solutions to some of the most pressing problems in the world.
With its decentralized structure, it will be able to offer cheaper and faster transactions than what is currently available. VLX is also unique in that it does not require any form of mining, which means that the energy consumption associated with Bitcoin, Ethereum, etc. would not be an issue for VLX.
The Cons Of Investing In VLX
Investing in cryptocurrencies is risky and usually not good for most people. The industry is still relatively new and many unknowns make it difficult to predict how things will play out.
VLX could be the next high-valued token, but it’s also possible that VLX could be worth absolutely nothing in the future. There are so many different factors that go into what makes a cryptocurrency valuable, and even just one change can drastically alter the price of VLX.
Currently, the only way to purchase VLX is through an exchange with another cryptocurrency like Ethereum or Bitcoin. These exchanges have their own rules and regulations that can impact VLX as well. For example, some exchanges might not allow certain individuals or countries to trade with them at all, which means they’ll miss out on buying any more VLX coins if they’re too busy looking elsewhere.
In addition, exchanges may impose restrictions on when you can buy or sell your currency – sometimes you’re limited to once per day, and other times you can trade 24 hours a day!
Some exchanges don’t charge any transaction fees while others charge very large percentages of each trade. If the coin being traded goes up in value, then these percentage charges become much more significant than if it goes down in value.
The Pros Of Investing In VLX
Below are some of the pros of investing in VLX.
- The coin is new and has a lot of potentials to grow as more people learn about it.
- You can invest with as little as $25, but there are also opportunities to invest at higher levels that might help you get more coins faster.
- The company behind the coin is working on releasing amazing features that will increase its value over time, such as vlx bank and Vlx Wallet.
- The coin can grow exponentially because it’s newly created.
- It’s hard to predict what could happen, but if someone else starts using vlx and promotes it, then the price will likely rise.
VLX Price Prediction
The VLX coin price prediction is hard to gauge because of the volatility of the market. The value of any cryptocurrency is based on supply and demand, but it’s impossible to predict how many people will want to buy this coin.
As with any investment, the value of your investment can fluctuate. If you are looking for a good long-term investment, then VLX is worth considering. Remember that as with all crypto asset investments, there is risk involved.
The price could go up or down at any time so do not invest money you cannot afford to lose.
VLX Price Prediction 2030
- Velas’ price for January 2030
As per our research ought to be between $2.78 to $3.20 and the typical price of VLX ought to be around $2.99.
- VLX Price Prediction February 2030
Velas’ price for February 2030 as indicated by our research ought to be between $2.84 to $3.27 and the typical price of VLX ought to be around $3.06.
- VLX Price Prediction March 2030
Velas’ price for Walk 2030 as per our research ought to be between $2.90 to $3.34 and the typical price of VLX ought to be around $3.12.
- VLX Price Prediction April 2030
Velas’ price for April 2030 as per our research ought to go between $2.96 to $3.41 and the typical price of VLX ought to be around $3.19.
- VLX Price Prediction May 2030
Velas’ price for May 2030 as indicated by our research ought to go between $3.02 to $3.48 and the typical price of VLX ought to be around $3.25.
- VLX Price Prediction June 2030
Velas’ price for June 2030 as per our research ought to go between $3.08 to $3.55 and the typical price of VLX ought to be around $3.32.
- VLX Price Prediction July 2030
Velas’ price for July 2030 as indicated by our research ought to be between $3.14 to $3.62 and the typical price of VLX ought to be around $3.38.
- VLX Price Prediction August 2030
Velas’ price for August 2030 as per our research ought to be between $3.20 to $3.69 and the typical price of VLX ought to be around $3.44.
- VLX Price Prediction September 2030
Velas’ price for September 2030 as per our research ought to be between $3.26 to $3.76 and the typical price of VLX ought to be around $3.51.
- VLX Price Prediction October 2030
Velas’ price for October 2030 as indicated by our research ought to be between $3.32 to $3.82 and the typical price of VLX ought to be around $3.57.
- VLX Price Prediction November 2030
Velas’ price for November 2030 as indicated by our research ought to go between $3.38 to $3.89 and the typical price of VLX ought to be around $3.64.
- VLX Price Prediction December 2030
Velas’ price for December 2030 as per our research ought to be between $3.44 to $3.96 and the typical price of VLX ought to be around $3.70
Is VLX A Good Investment?
Investors should always do their research before investing in any coin. VLX is still relatively new and there’s not enough information available to make an informed decision about the coin.
The website doesn’t have much information either, but they’re adding more content soon. If you want to invest your money, it might be better to wait until more details are available on the coin and then do some additional research before deciding whether or not this is a good investment for you.
For example, if you want to buy gold coins because you believe that gold prices will increase over time and become more valuable, then you would need to find out when these gold coins were made and what year they will expire. One thing that makes vlx a bit risky as an investment right now is the fact that it can’t be traded against other crypto-currencies yet.
Conclusion
In conclusion, VLX coin is a fairly new cryptocurrency and needs to prove that it can be profitable in the future.
There are many competitors out there with more established coins and more innovative ideas, but if you’re looking for something cheap and want to invest in cryptocurrency then this might be the right choice.
The team has shown potential and has been good about responding to feedback from their investors so far, so they should be able to maintain some stability in the market. With enough time and patience, VLX could be a great investment as long as it proves itself as an attractive option for traders.