Crypto De Nostradame
--
Bullish
Binance gave the good news: That altcoin took off!
Velodrome Finance is being introduced as a new generation exchange that serves as a liquidity center for the superchain ecosystem. The #VELODROME token will be available for spot trading on Binance as of Friday, December 13. Binance announced that it will not charge any transaction fees for this listing.
You may be interested in: “If Bitcoin reaches this level, buy aggressively!”
Immediately after the listing announcement, the price of the VELODROME token increased by more than 200 percent. This sudden increase once again demonstrated the importance of Binance listings. As of the writing of the news, VELODROME is trading at $0.325 and has a market value of $285 million. With the listing news, its volume in the last 24 hours has increased by 3400 percent.
If the Base ecosystem continues to be adopted or the demand for DEXs increases, the upward movement for VELODROME may continue. In such a scenario, the $0.50 band can be targeted. If it stays above $0.50, a new bull run may begin in the parity. In downward movements, $0.25 can be followed as support. Weekly closings below this level will create selling pressure.
Velodrome Finance is being introduced as a new generation exchange that serves as a liquidity center for the superchain ecosystem. The #VELODROME token will be available for spot trading on Binance as of Friday, December 13. Binance announced that it will not charge any transaction fees for this listing.
You may be interested in: “If Bitcoin reaches this level, buy aggressively!”
Immediately after the listing announcement, the price of the VELODROME token increased by more than 200 percent. This sudden increase once again demonstrated the importance of Binance listings. As of the writing of the news, VELODROME is trading at $0.325 and has a market value of $285 million. With the listing news, its volume in the last 24 hours has increased by 3400 percent.
If the Base ecosystem continues to be adopted or the demand for DEXs increases, the upward movement for VELODROME may continue. In such a scenario, the $0.50 band can be targeted. If it stays above $0.50, a new bull run may begin in the parity. In downward movements, $0.25 can be followed as support. Weekly closings below this level will create selling pressure.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
