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VELONews

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3 Discussing
Arpita Jambhe
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Velo Trading Competition: Trade VELO and Share Over $1 Million in Rewards Crypto traders, get ready! Velo (VELO),$VELODROME a decentralized finance protocol focused on synthetic assets and liquidity solutions, is hosting an exciting trading competition with a massive prize pool of over $1 million in rewards. What’s the Competition About? Participants need to trade Velo (VELO)#VELONews #VELOListing on the designated exchange platform during the competition period. The more VELO tokens you trade, the higher your chances of winning part of the lucrative rewards pool. Competition Details: Trading Pair: VELO/USDT (or applicable pairs) Duration: [Insert dates here, e.g., June 20 - July 10, 2025] Reward Pool: $1,000,000+ in BUSD, VELO tokens, and other bonuses How to Participate: Simply trade VELO tokens during the competition period. Higher trading volumes increase your ranking. Why Trade VELO? Velo Protocol enables users to access synthetic assets and cross-border payments using blockchain technology, offering efficient liquidity solutions for decentralized finance. With growing adoption and innovative features, VELO’s ecosystem is attracting more traders and investors. How Are Winners Selected? Prizes will be distributed based on trading volumes, with top traders receiving the biggest shares. There may also be special bonus rewards for new users or lucky participants, so everyone has a chance to win. ---$VELODROME Don’t miss your chance to dive into VELO trading and grab your share of the $1 million rewards! Stay tuned to official channels for exact competition rules and updates. #velodrum #velodrum #VelodromeCoin
Velo Trading Competition: Trade VELO and Share Over $1 Million in Rewards

Crypto traders, get ready! Velo (VELO),$VELODROME a decentralized finance protocol focused on synthetic assets and liquidity solutions, is hosting an exciting trading competition with a massive prize pool of over $1 million in rewards.

What’s the Competition About?

Participants need to trade Velo (VELO)#VELONews #VELOListing on the designated exchange platform during the competition period. The more VELO tokens you trade, the higher your chances of winning part of the lucrative rewards pool.

Competition Details:

Trading Pair: VELO/USDT (or applicable pairs)

Duration: [Insert dates here, e.g., June 20 - July 10, 2025]

Reward Pool: $1,000,000+ in BUSD, VELO tokens, and other bonuses

How to Participate: Simply trade VELO tokens during the competition period. Higher trading volumes increase your ranking.

Why Trade VELO?

Velo Protocol enables users to access synthetic assets and cross-border payments using blockchain technology, offering efficient liquidity solutions for decentralized finance. With growing adoption and innovative features, VELO’s ecosystem is attracting more traders and investors.

How Are Winners Selected?

Prizes will be distributed based on trading volumes, with top traders receiving the biggest shares. There may also be special bonus rewards for new users or lucky participants, so everyone has a chance to win.

---$VELODROME

Don’t miss your chance to dive into VELO trading and grab your share of the $1 million rewards! Stay tuned to official channels for exact competition rules and updates.
#velodrum #velodrum #VelodromeCoin
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Bullish
Creator-Eltiojairo98
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$VELO Yes, you are right. VELO is a cryptocurrency and the native token of the Velo Protocol.
Here are more details about what VELO is as a cryptocurrency:
* Main purpose: Velo Protocol aims to build a federated credit exchange network that enables secure and efficient value transfers between different networks, especially focusing on cross-border payments.
* Operation: The Velo Protocol uses blockchain technology to issue "digital credits" backed by collateral that corresponds to any fiat currency. This allows for frictionless asset transfers and timely transactions between network partners.
* VELO Token: The VELO token is the main asset within the Velo ecosystem. Its uses include:
* Collateral: Serves as collateral for the issuance of digital credits.
* Value transfer: Facilitates value transfer and stable settlements within the Velo network.
* Entry requirement: It can be a requirement to participate in the Velo ecosystem.
* Governance: VELO token holders can participate in the governance of the project through VeloDAO.
* Technology: Velo Labs leverages the Stellar network to provide security and scalability, enabling fast and efficient transactions at lower costs by eliminating intermediaries.
* Financial inclusion: One of Velo's goals is to promote financial inclusion, allowing individuals and businesses without access to traditional banking services to access them through its platform.
You can find information about the current price of VELO, its market capitalization, and charts on platforms like CoinMarketCap, CoinGecko, and Coinbase. VELO tokens can also be traded on various centralized cryptocurrency exchanges, such as Gate, OKX, and KuCoin.
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Bearish
Technical Analysis: $VELODROME /USDT Current Price: $0.1838 (+5.09%) 24H Range: $0.1660 - $0.1850 Volume: 114.28M Targets and Analysis: 1. Immediate Target: $0.1850 Price is testing a local resistance zone near $0.1850, aligning with today’s 24H high. A breakout above this level could attract momentum buyers. 2. Next Target: $0.1900 If $0.1850 is broken, $0.1900 is a psychological level that could act as the next resistance. This aligns with the broader bullish channel trendline. 3. Extended Target: $0.2000 A sustained rally with high volume could push the price toward $0.2000. Monitor price action for rejection or continuation near this zone. Strategy: Secure Partial Profits: As price approaches $0.1850, consider taking partial profits. Stop Loss: Place a stop loss at $0.1760 to manage risk effectively. Entry Zones: Look for entries on pullbacks around $0.1800 - $0.1820 if volume confirms strength. #CryptoTrading #VELONews #TradingSignals #Binance {spot}(VELODROMEUSDT)
Technical Analysis: $VELODROME /USDT

Current Price: $0.1838 (+5.09%)
24H Range: $0.1660 - $0.1850
Volume: 114.28M

Targets and Analysis:

1. Immediate Target: $0.1850

Price is testing a local resistance zone near $0.1850, aligning with today’s 24H high. A breakout above this level could attract momentum buyers.

2. Next Target: $0.1900

If $0.1850 is broken, $0.1900 is a psychological level that could act as the next resistance. This aligns with the broader bullish channel trendline.

3. Extended Target: $0.2000

A sustained rally with high volume could push the price toward $0.2000. Monitor price action for rejection or continuation near this zone.

Strategy:

Secure Partial Profits: As price approaches $0.1850, consider taking partial profits.

Stop Loss: Place a stop loss at $0.1760 to manage risk effectively.

Entry Zones: Look for entries on pullbacks around $0.1800 - $0.1820 if volume confirms strength.

#CryptoTrading #VELONews #TradingSignals #Binance
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