Are you considering investing in cryptocurrency? Then, you might want something that has perspectives in the long run but which price hasn’t hit the record high yet. If it is your case, we can suggest you pay attention to CRO and Velas.

What Is Velas?

The Velas network supports the proof-of-stake consensus mechanism. Its blockchain is implemented on a protocol with increased performance and represents a hybrid version of Solana, and Ethereum EVMs. 

The Velas network is known for being very efficient in transactions, payments, it is known for very low fees, and enables staking and thus, earning on transaction verifications.

The Velas coin is 0.02 USD at the moment of writing and is fluctuating severely. The current value is much lower than the VLX all time high of almost 0.54 USD.

In the long run, the blockchain has perspectives. It might not become the next Bitcoin or Ethereum but it has some potential to move to the top coins.

Therefore, if you want to invest into something viable, the Velas coin might be the right option. If you consider getting income on short-time price fluctuations, Velas is a good option, too, because the coin price isn’t too high while it changes rapidly and significantly. 

What Is a CRO Coin?

CRO is the native cryptocurrency that powers the open-source blockchain project offered by Crypto.com. Crypto.com is one of the most promising companies in the world that offer a financial blockchain ecosystem, trading and payment options. 

CRO is a token of the company and the blockchain. Its value has been growing constantly over the last time, therefore, you can consider it as a viable long-term investment option.

The CRO blockchain focuses on the privacy of user data, and the main aim of the project is to push the mass adoption of cryptocurrency in the world. 

The main difference between CRO and other crypto coins is that the first one hasn’t shown significant fluctuations in price within the first year since its launch in 2018. Instead, it used to keep the value at the more or less its initial price of 0.017 USD. However, when the platform started growing in popularity, the coin started growing in value, too. In 2019, CRO coin was traded at the level of 0.04 USD which is already a significant increase compared with its initial value. 

In July 2019, the coin value reached the massive 0.1 USD, and after a short drop, it reached its all time high on November 4 2021. The all-time high value is 0.299 USD.

Considering the popularity of the platform and its rapid growth, the CRO forecasts are pretty promising. So, it is expected that by 2023, the coin value is going to surge to the level of 0.3 USD and will continue growing if the platform manages to keep its performance level.

By the end of 2027, the coin price is expected to increase to almost 4USD, and the growth isn’t going to stop by then. And by the end of 2030, the CRO price is expected to grow well above 5 USD.

Bottom Line

Is it worth investing in any of the mentioned coins? We believe that they both are promising enough to invest in both short-term and long-term. However, you shall consider that in both cases, like in any case with cryptocurrency, investing means risking all your funds. 

You can become rich eventually but the loss of all your funds is not excluded. That’s why invest those funds only if you can afford losing without major difficulties for your condition. Other than that, investing in cryptocurrency is not the wisest decision. Also, consider that the platform performance will determine the coin performance in the second case.