$VELO Protocol Market Update
Velo Protocol is showing aggressive upward momentum. The price is currently trading at $0.006143, marking a sharp 7.66% increase in the last 24 hours.
Key Market Statistics
* Market Cap: $107.90M
* Fully Diluted Valuation (FDV): $147.43M
* On-chain Liquidity: $1.06M
* On-chain Holders: 114,555
Technical Analysis
The chart indicates a strong recovery phase following a recent local bottom near $0.0051. The daily candles have turned bullish, successfully reclaiming ground after a period of consolidation. While the price peaked recently at $0.00752, the current bounce suggests buyers are stepping back in to defend the $0.006 level.
Volume is surging, with the current 24-hour volume reaching over 91.3M VELO, signaling high interest and volatility. The asset is testing immediate resistance as it attempts to break back into the $0.007 range.
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