Veles project was launched in 2018. The project aims to implement a decentralized network with a VPN. It also has a cryptocurrency named the same. Developers claim that Veles cryptocurrency is a cash for the internet. Well, it sounds impressive. Changelly overviews Veles (VLS) cryptocurrency and tries to guess the perspectives.
All crypto price predictions in one place.
Veles (VLS) Basics
Veles network aims to protect users’ data and ensure a secure online stay. According to the project’s website, nobody controls the network. It works thanks to Veles users all around the world. Developers can improve or update the Veles protocol.
Veles project is a mobile or desktop application that provides its users with a Veles wallet. It allows users to send and receive VLS coins. The wallet doesn’t store your private keys, which is really great in terms of security.
Veles works as a public blockchain with masternodes, so the ledger contains every transaction of the network. The digital signature protects each transaction. Moreover, the network offers users to get VLS coins via mining.
The project was founded back in 2018. Veles raised funds through ICO and pre-mining. There are several ways to get Veles coins. You can both buy and mine VLS cryptocurrency, using the Proof-of-Work consensus mechanism.
Veles (VLS) Cryptocurrency
Veles coin was released in November 2018. The programming language is C++.
Veles cryptocurrency is being traded not so long ago. The chart below shows us the all-time high point on 22nd June 2020. The price was $0.143593. The chart looks very dynamic, the price of an asset either drops or rises sharply. It will be interesting to look at price forecasts. So, keep reading.
Veles (VLS) Live Price
Veles (VLS) Price Prediction for 2020-2025
So, let’s review some of the opinions regarding the Veles cryptocurrency future.
#1. Veles (VLS) Price Forecast by Wallet Investor
According to the source, Veles cryptocurrency is an awesome long-term investment. The Veles price can go up from 0.0661 USD to 0.152 USD in one year. The long-term earning potential is +129.92%. In 2025, the price of VLS can reach $0.46. Well, quite a bullish prediction.
#2. Veles Price Prediction by Digital Coin Price
Based on the forecasting, VLS cryptocurrency is a profitable investment. The price can go up to $0.15 just in one year. It means that the price will double by 2021. In 2023, the rate will probably increase up to $0.25. In 2026, it can reach $0.3.
Veles Price Prediction – Summary
We know little about this project and are unlikely to say with confidence about its potential. But we gave examples of possible outcomes. Of course, the price of an asset will change in accordance with the development of the project and the trust of users.
We at Changelly always welcome successful projects to our listing. Although we don’t have Veles cryptocurrency in the list of our currencies, you can always check our cross-rates in the widget below.
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.