Why did I buy VELO despite the rally? My personal and long-term analysis
Today I decided to invest in VELO Protocol, right after the price experienced a significant spike. Although I usually avoid buying in the middle of a rise, this time there are compelling reasons that justify this entry. And as always, I want to be transparent about the reasoning behind this decision.
🔍 1. VELO was included in Binance Alpha
The inclusion of VELO in Binance Alpha represents a key step. Although it is not a guarantee that it will be listed on Binance Spot, historically many tokens highlighted in Alpha end up being listed. The average time between appearing in Alpha and being listed on Spot is around 60 days. It’s a move that Binance usually reserves for tokens with certain fundamental or institutional potential.
🏦 2. Binance has been accumulating VELO for a long time
This reinforces the idea that they are interested in listing it. These types of signals often anticipate strategic moves: future integrations, listings, or participation in their ecosystem. We are not talking about a rumor, but about visible on-chain data.
🌐 3. VELO and its nickname being the “Asian $XRP ”
Many see VELO as a kind of XRP of Southeast Asia, due to its focus on cross-border payments and partnerships with regional entities. Its technology is based on Orbit, a solution that allows connecting banks, wallets, and businesses in a decentralized payment network. Its goal is ambitious: to facilitate fast and cheap payments in Asia, a huge and underserved market.
I am not buying VELO to speculate with today’s pump. I am taking a modest position (it’s not a large purchase), knowing that this is a game of patience. If the project stays on the growth path and Binance decides to move towards a listing, the next 2-4 months could be decisive.
Today I decided to invest in VELO Protocol, right after the price experienced a significant spike. Although I usually avoid buying in the middle of a rise, this time there are compelling reasons that justify this entry. And as always, I want to be transparent about the reasoning behind this decision.
🔍 1. VELO was included in Binance Alpha
The inclusion of VELO in Binance Alpha represents a key step. Although it is not a guarantee that it will be listed on Binance Spot, historically many tokens highlighted in Alpha end up being listed. The average time between appearing in Alpha and being listed on Spot is around 60 days. It’s a move that Binance usually reserves for tokens with certain fundamental or institutional potential.
🏦 2. Binance has been accumulating VELO for a long time
This reinforces the idea that they are interested in listing it. These types of signals often anticipate strategic moves: future integrations, listings, or participation in their ecosystem. We are not talking about a rumor, but about visible on-chain data.
🌐 3. VELO and its nickname being the “Asian $XRP ”
Many see VELO as a kind of XRP of Southeast Asia, due to its focus on cross-border payments and partnerships with regional entities. Its technology is based on Orbit, a solution that allows connecting banks, wallets, and businesses in a decentralized payment network. Its goal is ambitious: to facilitate fast and cheap payments in Asia, a huge and underserved market.
I am not buying VELO to speculate with today’s pump. I am taking a modest position (it’s not a large purchase), knowing that this is a game of patience. If the project stays on the growth path and Binance decides to move towards a listing, the next 2-4 months could be decisive.