Velo (VELO)

$VELO 1D

We've been tracking VELO's weekly PA on Discord in detail for weeks and this is a good perspective on the daily.

The weekly looks good and similar to 2023. https://t.co/KGgZYj4ksB

$XRP came out 2013... $VELO from @veloprotocol launched in September 2020, so it wasn't around for the full build-up of the 2020-21 bull market. It entered late as a brand new project with a much smaller market cap and circulating supply, yet still rallied to an all-time high of around $2.29

Yes, 2021 was technically VELO's first bull run, but it only participated in the latter stages of that cycle. Since then, it's had years to build partnerships, expand its ecosystem, mature as a project, and go through a prolonged accumulation phase.

Even with its increased market cap and circulating supply, I still think $VELO has a very high ceiling before it could realistically be considered tapped out. That's why it's been my low-cap, and arguably even micro-cap, pick for this cycle.

I'm also still bullish because of the long-term opportunity in Southeast Asia, where digital commerce, cross-border payments, and financial rails continue to see strong adoption from both businesses and consumers.

Agree! $VELO $SHX ✅️