$VELVET Market Update

VELVET is trading at $0.18896, holding steady with a +0.53% move as the market consolidates after recent volatility.

Market Cap stands strong at $35.23M with an FDV of $188.96M, showing solid long-term valuation potential. On-chain liquidity remains healthy at $2.09M, providing stability for price action.

The project continues to gain traction with 24,827 on-chain holders, reflecting growing community confidence. Price recently pulled back from the $0.20+ zone, now hovering near a key support area around $0.18–$0.19, where buyers are actively defending.

Momentum is cooling short term, but structure remains intact. A strong hold here could fuel the next push, while volume and reaction at this level will define the next major move. All eyes on VELVET as it prepares for its next breakout phase.