I've had some wheels that have spent 4.99 of the last 5 years under my bed.
5 years ago I would've said Velox. Now, I say, fuck Velox. I'm done with cloth tape. It moves too much and it sinks into valve holes enough to cause issues. I'm running Tesa tape now.
I've had velox tape in some wheels for at least 5 years. It works just fine. Wheels have gotten plenty wet.