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What is Veloce (VEXT)?
Veloce basic info
Name:Veloce
Ticker:
VEXTBuy now
Introduction:
What Is Veloce?
Veloce is a media company that has carved a niche for itself in the gaming and sports industry, particularly within the realms of racing and esports. Established in 2017, it has become the largest global ecosystem encompassing racing, gaming, and media, now venturing into the Metaverse with the introduction of the Vextverse. Veloce's multifaceted operations span real-world racing, professional gaming, and esports, alongside a media network. This diversity not only showcases its innovative approach to blending traditional sports with digital advancements, but also its commitment to sustainability and inclusivity, particularly through its involvement in the Extreme E championship.
The company's esports division, Veloce Esports, stands out as a dominant force in the racing esports landscape, managing teams on behalf of prestigious Formula 1 organizations and operating the rapidly growing gaming and lifestyle brand, Quadrant. Meanwhile, Veloce Media boasts the world's largest racing gaming community, engaging millions of fans across various platforms.
Resources
Official Documents:
https://www.velocemediagroup.com/vext/whitepaper-pdf
Official Website:
https://www.velocemediagroup.com/
How Does Veloce Work?
At its core, Veloce leverages
blockchain technology to decentralize the fan experience, allowing for a more interactive and engaging platform where fans can connect with their favorite teams and athletes. Built on the
Polygon network, Veloce's decentralized protocol, the Vextverse, is a testament to the company's forward-thinking approach. It introduces a gamified ecosystem where users can participate in challenges, earn tokenized rewards, and have a say in the governance of the platform through innovative voting mechanisms like the Penrose voting method. This method ensures fair representation and decision-making power among VEXT token holders, balancing the influence between larger and smaller groups within the community.
What Is VEXT Token?
VEXT is the utility token of the Veloce ecosystem, serving as the primary medium for transactions, governance, and participation within the Vextverse. Holders of the VEXT token can engage in staking, vote on proposals affecting the platform's future, and participate in exclusive club races and gamified activities. VEXT has a total supply of 300 million tokens.
What Determines Veloce’s Price?
The price of Veloce (VEXT) is influenced by a complex interplay of factors inherent to the dynamics of blockchain and Web3 ecosystems, including supply and demand, cryptocurrency trends, and the latest news impacting
cryptocurrency analysis and charts. As investors and enthusiasts keenly observe cryptocurrency price predictions, Veloce's value is also shaped by its adoption rate, the latest developments within the Vextverse, and how it navigates the evolving landscape of cryptocurrency regulation.
Market volatility, security concerns, and cryptocurrency risks further contribute to its price fluctuations. As such, understanding Veloce's price requires a comprehensive approach, considering both the technical aspects of cryptocurrency charts and the broader socio-economic factors driving cryptocurrency adoption. This multifaceted analysis positions Veloce as a contender for the best crypto investment for 2024 and beyond, highlighting the importance of staying informed on the latest developments to navigate the complexities of the market effectively.
For those interested in investing or trading Veloce, one might wonder: Where to buy VEXT? You can purchase VEXT on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.
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Current price:
$0.004014More price details
All-time high:$0.7169
All-time low:$0.003926
VEXT supply and tokenomics
Circulating supply:206,487,380 VEXT
Total supply:300,000,000 VEXT
Max supply:300,000,000 VEXT
Market cap:$828,932.2
Fully diluted market cap:$1.20M
Links
Whitepaper:https://docs.velocemediagroup.com/whitepaper
Buy Veloce for $1Buy VEXT now
What is the development prospect and future value of VEXT?
The market value of VEXT currently stands at $828,932.2, and its market ranking is #1892. The value of VEXT is not widely recognized by the market. When the bull market comes, the market value of VEXT may have great growth potential.
As a new type of currency with innovative technology and unique use cases, VEXT has broad market potential and significant room for development. The distinctiveness and appeal of VEXT may attract the interest of specific groups, thereby driving up its market value.
What will the price of VEXT be in 2025?
Based on VEXT's historical price performance prediction model, the price of VEXT is projected to reach $0.06150 in 2025.
What will the price of VEXT be in 2030?
In 2030, the VEXT price is expected to change by -6.00%. By the end of 2030, the VEXT price is projected to reach $0.09986, with a cumulative ROI of +2336.06%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of VEXT and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.
Is VEXT worth investing or holding? How to buy VEXT from a crypto exchange?
If you want to buy VEXT, the following information may be helpful for your investment decisions:
In the last 7 days, the price of VEXT has fallen by -2.97%, leading to negative returns for most VEXT investors. The market is currently pessimistic about the price trend of VEXT.
It is important to note that the current price of VEXT has retreated by -99.44% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether VEXT is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in VEXT or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of VEXT, if you want to buy or sell VEXT, you can consider Bitget for your trading needs. The best place to buy VEXT is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Veloce has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Veloce. Here's a step-by-step guide on how to buy Veloce on Bitget.
How to get Veloce through other methods?
Using cash to buy Veloce is not the only way to obtain Veloce. If you have the time to spare, you can get Veloce for free.
Learn how to earn Veloce for free through the Learn2Earn promotion.
Earn free Veloce by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Veloce airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Veloce through Bitget Convert, Bitget Swap, or spot trading.
What is Veloce used for and how to use Veloce?
The use case of Veloce may expand as the crypto market and the project itself develop. Currently, you can use VEXT to achieve the following goals:
Arbitrage by trading VEXT: Since VEXT is a frequently traded cryptocurrency, the price of VEXT is always fluctuating. Earn more VEXT by buying low and selling high on the exchange. Bitget spot market provides a variety of VEXT trading pairs to fully meet your needs.
Earn by staking VEXT: You can also generate income through financial management methods such as staking VEXT or lending VEXT. Bitget Earn offers a variety of financial products designed to help you earn more income from your VEXT.
Send or pay VEXT: If you want to give VEXT to your friends, a charity, or a fundraiser, or you want to pay someone with VEXT, you can quickly and easily send VEXT to the recipient through their payment address.
You can also go to the official website of the Veloce project to learn more about the use cases of VEXT. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .
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