88x VELO altcoin price pump still in the works according to a reputed analyst.
This analyst has seen many bullish indicators on the VELO price chart.
He believes that a target above $1 for VELO is inevitable this altseason.
Altseason expectations show no slowing down as more and more analysts come to the conclusion that the delayed altseason will bring even greater surges in altcoin prices. One analyst has been keeping a very close eye on VELO, he says that an 88x VELO altcoin price pump is still very much in the works. According to this analyst, the price of VELO could pump to hit a price target above $1.
88x VELO Altcoin Price Pump in the Works
The fact that altseason has been delayed this bull cycle has been a heavy weight on the entire crypto community. On the one hand, this led to delayed sentiments and rising FUD, on the other hand, seasoned analysts took this delay in stride and recognized it for what it really is, a golden opportunity. Many traders are taking this moment to watch altcoins closely and heavily accumulate the most potent assets before altseason arrives.
As to why altseason was delayed this bull cycle, several analysts have weighed in their opinions. The most popular opinion is that the fact that Bitcoin set a new ATH before the Bitcoin Halving event took place, changed the timeline of this cycle. With Bitcoin setting new ATH prices, altcoins often followed its lead. However, this bull cycle, ETH and legacy altcoins had yet to pump last year.
As the crypto market entered 2025, Bitcoin set its first 6-digit ATH and then went into a full quarter of a prolonged correction phase. This, many analysts identified as a much-needed correction in order to pave the way for a healthy market. This seems to have been the right move, as ETH went on to set a bottom and finally began to pump alongside Bitcoin (BTC). Although ETH has yet to reclaim its previous ATH prices.
Altcoins Set to Follow Ethereum’s Lead
Most analysts agreed that Ethereum would lead the ongoing bull cycle’s altseason and that altcoin prices would not pump unless the price of ETH began to pump and set new ATHs of its own. With ETH steadily reclaiming higher prices and showing bullish indicators and pump signals on its price chart, analysts are hoping that the time for altcoin prices to explode is just on the horizon.
https://twitter.com/JavonTM1/status/1936082380155965779
As we can see from the post above, one analyst highlights a high-potential altcoin that could pump explosively in the coming days ahead. This altcoin is VELO, and the analyst expects an 88x pump that could price the price of VELO above the $1 price mark. According to CoinMarketCap analytics, the price of VELO currently sits at $0.011 and is a long way away from its previous ATH of $2.07 set 4 years ago.
