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The current price of $VELO l @veloprotocol is around $0.006, with a market cap of about $108M. Circulating supply is 17.56B out of a total 24B, so roughly 73–74% of the tokens are already out there.
Personally, I think $0.3-0.5 feels realistic and achievable based on the charts (approx 50-80x from the current price). That would put the market cap between $6-9 Billion with the current circulating supply - still modest for a solid project in a bull market.
BUT, crypto is wild and nothing’s guaranteed. We’re just reading the data and making educated guesses. That said, in past cycles we’ve seen prices blow way past what anyone thought was reasonable, so who knows how high it could actually go if momentum really kicks in.
Example MC from 2021 Bull Cycle
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$AXS ATH Market Cap: $9.6 Billion
Price was up 1,337x (from $0.12 to $165)
$DOGE ATH Market Cap: $88 Billion
Price was up 8,500x (from $0.0000869 to $0.74)
$MATIC ATH Market Cap: $20 Billion
Price was up 907x (from $0.0032 to $2.9)
This cycle could play out differently, and the price action might not go as parabolic as last time because there are way, way more coins competing for capital now.
So, we’ll see which projects actually come out on top this time around.
Estimated $VELO price and market cap if the circulating supply stays at ~17.56B tokens.
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Price Target Market Cap
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$0.01 $176M
$0.02 $351M
$0.03 $527M
$0.05 $955M
$0.1 $1.75B
$0.2 $3.51B
$0.37 $6.50B
$0.5 $8.78B
$0.8 $14.05
$1 $17.56B
$2 $35.13B