Key Stats
- Current Price: $0.04519 USD (+0.27% in 24h)
- 24h Trading Volume: $4.53M USD
- 7-Day Performance: -5.38%
- 1-Month Performance: -19.33%
- 1-Year Performance: -50.09%
- All-Time High: $0.39490 USD (Mar 28, 2024)
- All-Time Low: $0.03551 USD (Apr 7, 2025)
About Velodrome Finance
Velodrome Finance (VELO) is a decentralized finance (DeFi) protocol offering liquidity solutions and yield optimization. Its performance reflects broader crypto market trends, with recent declines influenced by volatility and macroeconomic factors.
Technical Analysis Summary
Oscillators
Neutral signal overall.
- Short-term indicators suggest sell opportunities.
- Long-term outlook remains mixed.
Moving Averages
- Neutral alignment, with potential for buy signals if momentum shifts.
👉 Explore real-time VELO charts for deeper technical insights.
Market Context
Trending Cryptocurrencies
- Monitor top gainers and losers to identify market shifts.
- VELO’s volatility (4.31%) demands cautious analysis before trading.
Trading Strategies
- Pair technical ratings with fundamental research (e.g., protocol updates, partnerships).
- Weekly ratings currently show a sell signal; monthly analysis agrees.
Frequently Asked Questions
What is the current price of Velodrome Finance (VELO)?
VELO is priced at $0.04519 USD, with a 24-hour increase of 0.27%.
How volatile is VELO?
Today’s volatility is 4.31%, typical for mid-cap altcoins.
Where can I trade VELO safely?
Reputable exchanges like Binance or Coinbase offer secure trading. Alternatively, trade directly via 👉 broker-integrated charts.
What caused VELO’s price drop?
Recent declines align with broader crypto market corrections and protocol-specific factors (e.g., liquidity changes).
Is VELO a good long-term investment?
While past performance shows a -50.09% yearly decline, DeFi’s evolving landscape could present future opportunities.
How do I track VELO trends?
Use tools like the Crypto Heatmap to compare VELO against other assets.
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Final Takeaways
- Short-term: Neutral/sell signals dominate; monitor for breakout patterns.
- Long-term: Assess protocol fundamentals alongside market sentiment.
- Actionable Tip: Diversify research with 👉 real-time analytics to mitigate risks.
Note: Always verify data across multiple sources before trading.