I have recently heard a lot about the lack of real innovation, but personally, I prefer to go against the tide.
For new coins with high FDV, some projects that have weathered the bull and bear markets and have been washed out for a long time seem worth paying close attention to.
After all, in recent days, several old coins that have been washed out for a long time suddenly exploded, directly leading to dozens or even hundreds of times in value increase.
Of course, I participate in these types of projects not only because of the token price action information but also more importantly.
The project is continuing to do things, the new narrative it is pushing is very rich, and the recent cooperative operational actions promoted by the project hold a lot of value.
This is about the project @veloprotocol.
I suggest everyone to hit a little bell for this project first to avoid missing the next $BNB level opportunity.
Recommendation reasons
1️⃣ Project narrative upgrade: VELO Protocol has changed the entire project's narrative from a payment protocol to a core builder of 'Asian liquidity infrastructure.'
This story, compared to the original payment concept narrative, has broadened the imagination by at least ten times.
In Web3, creating liquidity infrastructure is naturally more welcomed by users and funds than simply being a payment protocol.
2️⃣ Of course, beyond the narrative, we should pay more attention to the core implementations. If it's all just hot air, I suggest passing it up.
I went to carefully examine the recent collaborations of the project, and they are indeed impressive.
To align with the new narrative, VELO has launched a digital credit mechanism based on $VELO collateral in collaboration with SCB Thailand Bank and Asian Digital Bank.
You may not understand, so let me add some knowledge points:
SCB is one of the oldest and largest banks in Thailand, established in 1907 with the approval of King Rama V. It is the first locally-owned bank in Thailand, serving over 17 million customers.
3️⃣ Promoting the on-chain of physical assets: VELO is one of the few Web3 projects that can collaborate with BlackRock. It has partnered with Paxos and BlackRock to promote the on-chain of physical value assets like gold.
Since the beginning of this year, gold has been rising sharply. The on-chaining of physical value assets not only aligns with the RWA trend in the second half of the year but also creates new revenue scenarios for Web3, which can attract traditional funds and institutions, making it a great solution for mass adoption.
4️⃣ Joint million-dollar trading competition with Binance.
I simply think that everyone says to trade new coins, not old ones. But how can an old project come up with a million dollars to collaborate with Binance for an event? Do you think it will just be a flow?
This is my core reason for participating: Currently, there is a trading competition with Binance worth a million dollars, with a prize pool of up to 76.25 million VELO tokens.
⏰ Event time: 2025-06-16 07:00 (UTC) to 2025-06-30 07:00 (UTC)
📒 Participants will be ranked based on their total purchases of VELO during the event period. Users who rank in the top 12,500 for the amount of VELO tokens purchased during the event will share a total of 76.25 million VELO tokens, averaging 6,100 VELO tokens per user.
This means that everyone does not need to be in the first place; as long as you figure out a way to fit into the top 12,500, this requirement should not be difficult.
💡 Trading competition notes:
1. Only trades executed through Binance Wallet (non-custodial wallets) or Binance Alpha qualify for this event. Trades from third-party dApps will not be counted.
2. During the event, only cumulative purchase amounts will be counted; selling will not be counted.
3. No trading volume limit: This event has no limit on the trading volume for each participant.
🤔 Personal thoughts
1. Regardless of what you do, the results will ultimately reflect in the price. Interested users can consider making some secondary placements, and perhaps they can achieve good returns.
2. RWA is definitely one of the most mainstream narratives in the second half of the year, as the Trump group has already started to layout. Whether it is stablecoins or other Web3 tracks, this matter needs to be focused on, given the trillion-dollar market.
3. I hope VELO can make further progress in the RWA field, such as on-chaining U.S. treasury bonds, or on-chaining some real estate, as these assets are also very valuable.
4. I have prepared some strategies for the Binance trading competition; everyone can weigh their risk-reward ratio. Basically, there shouldn't be too much issue with big accounts.
5. Currently, Web3 has increasing demands for resources. Everyone should not limit themselves to how great Web3 is; they should look at the Web2 resources of the project. This is the key to a project's sustained long-term success, and VELO Protocol fits this category.
Continue to expect, continue to build, continue to pay attention.