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    Vela Token

    VELA

    Rank #1444

    $0.8001

    +16.56%
    24H Low$0.6533
    $0.803824H High
    24H Volume
    $2.57 M
    All-Time High(ATH)
    $7.67
    All-Time Low(ATL)
    $0.3632
    Market Cap
    $13.69 M
    Fully Diluted Valuation
    $13.81 M
    Market Cap/FDV
    99.12%
    Circulating Supply
    17.06 M VELA
    Total Supply
    17.21 M VELA
    Max Supply
    50 M VELA
    Market Sentiment
    Positive
    * Data from 3rd parties

    Vela Token (VELA) Price Trends

    Time period
    Change amount
    % Change
    1H
    $--
    +0.38%
    24H
    $+0.1100
    +16.56%
    7D
    $+0.1400
    +21.85%
    30D
    $+0.1400
    +21.22%
    1Y
    $-4.83
    -85.79%

    Live Vela Token (VELA) Price Update

    Vela Token price today is $0.8001 with a 24-hour trading volume of $2.57 M, and as such Vela Token has a market cap of $13.69 M, giving it a market dominance of 0.00048%. The Vela Token price moved 16.56% in the last 24 hours.

    Vela Token reached its highest price on 2023-02-20 when it was trading at its all-time high of $7.67, while its lowest price was recorded on 2023-10-25 when it was trading at its all-time low of $0.3632. The current lowest price since the last cycle high was $0.3632, and the highest price since the last cycle low was $7.67. The social sentiment of Vela Token is currently Positive.

    The current circulating supply of Vela Token is $17.06 M VELA. In terms of market cap, Vela Token is currently ranked 1444.

    About Vela Token (VELA)

    Vela Exchange is the next-generation perpetual contract trading DEX, with top-notch trading tools, community support, and fast execution/settlement. Vela Exchange aims to provide decentralized transactions with features similar to traditional finance, combining a powerful user experience with incentive plans to create a thriving ecosystem.

    FAQs

    1. What determines the price movement of Vela Token?

    There are two schools of thought in determining the price of Vela Token.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Vela Token, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Vela Token from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Vela Token on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Vela Token as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Vela Token and the cryptocurrency market as a whole.

    Vela Token Tokenomics

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    Vela Token Analysis

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