Well, at chaos market at crypto currency like now, Veloxcoin is one of stable coina dn have profitable. Until now, i still don't know what happen with our VLX at current time.
As for now all the I see in the coinmarketcap top crypto coins are all red and feeling sad why this happens. I don't know if the VELOX coin price is affected from this happenings.
Yes, as bitcoin is in downtrend all other coins are affected and also VLX would have. Most of the crypto investors prefer bitcoin as a storage crypto as it is much more stable than other cryptos. And as the value of bitcoin goes down it affects the funds of every crypto user or investor.
I don't think velox coin will be affected by the bitcoin downtrend as we all know that veloxcoin has its own exchange and it should have a different trend.