What is the price prediction for Velas?

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According to expert analysis, Velas is projected to maintain a narrow range in the coming years, specifically in 2024. The lower bound of this range is anticipated to be $0.01015, indicating a conservative estimate for the cryptocurrency's worth.

Conversely, the upper limit of the predicted range stands at $0.01414, showcasing a more optimistic outlook for Velas's value appreciation. This variation underscores the inherent volatility in cryptocurrency markets but also highlights the potential for substantial gains.

When considering the average price prediction for Velas in 2024, the figure of $0.0114 emerges as a pivotal point. This average represents a consolidation of both bullish and bearish forecasts, offering a balanced perspective on the cryptocurrency's future performance.

Notably, if an investor were to acquire Velas at its current price of $0.0114, the projected return on investment (ROI) for 2024 is estimated to be -1.00%. This figure, although slightly negative, reflects the narrow price range predicted for the cryptocurrency and underscores the importance of long-term investment strategies.