What is VALE S.A. (COINBASE TOKENIZED STOCK)(VALEC)?

Basic information about VALEC

Coin name:

Vale S.A. (Coinbase Tokenized Stock)

Coin symbol:

Coin introduction:

Vale S.A. (Coinbase Tokenized Stock) is an onchain certificate that provides economic exposure to shares of Vale S.A. through a tokenized security issued by Coinbase Onchain SPV Ltd in the Abu Dhabi Global Market (ADGM). Each token initially represents a 1:1 beneficial interest in shares held in a segregated custody account with a regulated broker-dealer and custodian. The applicable share-to-token ratio may change over time to reflect reinvested distributions, fees, taxes, corporate actions, and other adjustments. The token can be held and transferred through supported blockchain networks and used in decentralized finance markets. Dividends and other distributions received on the underlying shares are generally reinvested, after applicable taxes, fees, and expenses, with the resulting economic benefit reflected through an adjustment to the share-to-token ratio.

Current Price:

$13.41More coin details

All-time high:

$14.02

All-time low:

$13.27

VALEC Supply Info and Tokenomics

Circulating supply:

2,210

Total supply:

2,210

Max supply:

Market cap:

$29.64K

Fully diluted valuation:

$29.64K

What is the outlook and future value of VALEC?

The current market cap of VALEC is $29.64K, ranked 9226 in the market, showing that the market already recognizes the value of VALEC. When a bull market arrives, the market cap of VALEC may continue to grow.

Moreover, if VALEC can play a greater role in real-world applications—such as if the Monero developers can fully empower VALEC and establish partnerships with more business partners to expand its user base—then the long-term value of VALEC will be further enhanced.

What is the price of VALEC in 2027?

According to the historical price performance prediction model of VALEC, the price of VALEC is expected to reach $14.08 at 2027.

Note: As with any crypto investment, investors should closely monitor VALEC’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get VALEC?

Purchasing VALEC with cash is not the only way to obtain VALEC. If you have enough time, you can get VALEC for free.

Learn how to get Hot rewards for free with VALEC.

Earn free VALEC by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get VALEC airdrops for free.

All crypto airdrops and rewards can be exchanged for VALEC through LBank spot trading.

Buy VALEC starting from $1

What is VALEC used for and how to use it?

The use cases for VALEC may grow with the development of the crypto market and project progress. Currently, you can use VALEC to:

Arbitrage trading of VALEC

VALEC is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many VALEC trading pairs to suit your needs.

Earn yield with VALEC

You can also lend out VALEC or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your VALEC gains.

Send or pay with VALEC

If you want to pay someone with VALEC, you can easily and quickly send VALEC to them using their receiving address.

You can also visit the official website of Vale S.A. (Coinbase Tokenized Stock) to learn more use cases of VALEC, such as whether the Vale S.A. (Coinbase Tokenized Stock) project supports community/eco apps or buying physical or virtual goods with VALEC.