After doing some research, I think that this Velo project is most likely a promising project. They are already listed on various top tier CEXs such as Bitfinex, Bithumb, Crypto.com, Gate.io, Huobi, Kucoin, MEXC, OKX and Poloniex. At first glance, people will think that this project is a recent project, but it's not. They even hit their ATH about 2 years ago at $2.07. People will think what I'm saying because this project hasn't really had a great run of their products.
In the product they call as Universe a.k.a their DEX, they don't even have enough enthusiasts yet, we can see it from the image above. Investing in Velo is like gambling with a sizable percentage of profit (IMO). If you invested 2 months ago, by now your investment has been 10x, I personally intend to invest a small amount of my money and will continue to monitor the price movement of $VELO. BTW, thanks for the information, mate.