Velodrome Finance’s token, VELO, is currently trading at $0.2430 with a market cap of approximately $210.2M and a fully diluted market cap of $464.35M. Following its listing on Binance, trading volume surged to $253.44M, significantly increasing liquidity and market visibility. The circulating supply stands at 875.52M VELO, while the token recently hit an all-time high of $0.4245 on December 13, 2024.
If VELO reaches a $500M market cap, its price could rise to approximately $0.571. At a more ambitious $2B market cap, VELO could trade at $2.28, reflecting a substantial increase. In an extremely bullish scenario, a $10B market cap would push VELO’s price to about $11.42, offering significant upside potential for long-term investors.
With Velodrome Finance being the top DEX on multiple chains like Optimism Mainnet and Mode Network, alongside Binance listing integrations such as Futures and Margin, its growth prospects remain strong. Investor sentiment is further fueled by attractive APRs, ecosystem expansion, and increasing trading activity, positioning VELO as a leading force in the DeFi space.
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