Heard about VELO LABS? Seems like a sketchy project tbh. Their approach to investors feels off. Plus, there are whispers about working with BRICS and possibly launching their stable coins. But did you see how 90% of coins are held in the top 10 wallets? That's wild. Sure, they’ve printed like 17 billion coins, but if what they claim is true, only a few billion will actually be in circulation. 🤔
Thoughts on VELO LABS and Its Potential Link to BRICS
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Yeah totally, the charts suggest we're at a low point now. But I'm not convinced about their future. Anyone got proof of those BRICS links? Seems like a lot of hype. I just can’t shake the feeling we’re getting played here. Not saying it’s impossible, but it feels risky. Just saying to dyor before jumping in.