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The iconic Bitcoin (BTC) white paper celebrates thirteen years of financial disruption after being first published on Oct. 31, 2008, by an anonymous person or entity named Satoshi Nakamoto.
The white paper, titled Bitcoin: A Peer-to-Peer Electronic Cash System, foresaw the need for a peer-to-peer online payment system that is self-governing, secure and limited in quantity. The Bitcoin network was launched on Jan. 3, 2009, with each
Velas, set to launch over 40 unique projects, calls on investors to buy VLX.
Velas’ high TPS, advanced scaling, and AI usage make it a better version of Solana.
Velas has a market of $322 million, making it a viable investment for investors.
The cryptocurrency and blockchain spheres remain dedicated to creating innovative designs. In line with that, Velas keeps breaking barriers and surprising many people. Recently, Velas launched its first DEX with several other projects set to launch on the Velas ecosystem.
In detail, Velas is the fork of Solana V2 with an EVM chain integration launched in 2019. Velas enables a scalable solution for DApps with up to 75k TPS. Smart contracts on Ethereum can be brought to Velas with just a few clicks. This creates a solution for DeFi, DApps, and also NFTs.
Transactions on Velas are relatively low, thereby boosting the network’s performance. To jump on the Velas train while it is still at the early stage, simply buy the native blockchain asset. Similarly, you can buy via an investment in its fast-growing ecosystem.
Velas’ native token, VLX has come to become one of the top 250-coin, exceeding the $320 million market cap. The Velas ecosystem is still fresh, and ready for new projects. Hence, implying that the VLX price will grow greatly in the future. VLX ATH of $0.208 with a market cap of $322 million is yet another indication of a potential rise that will subsequently march up to Bitcoin and Ethereum soon.
Velas Grows Exponentially
An average American taxpayer received three rounds of stimulus checks from the United States government as a means to reignite the economy by increasing consumers’ spending potential. For some, this meant an opportunity to invest in Bitcoin (BTC).
A Cointelegraph report from Aug. 26 shows that 11% of the respondents between the ages of 18 to 34 reinvested a part of their stimulus checks into cryptocurrencies. Adult Americans that reinvested the first round of stimulus payments from April 2020 into Bitcoin have realized a net profit of roughly 442%, turning a $1,200 investment into $5,304 as of Oct. 31, 2021.
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