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VELVET remains one of the strongest performing altcoins currently, continuing to attract significant market attention after its explosive rally. The latest catalyst is Velvet's partnership with Aerodrome Finance, which improves trade execution on Base through deeper liquidity and better pricing.
📈 Market Snapshot
• Price holds near recent highs after a sharp surge.
• 24-hour trading volume remains high, indicating strong market participation.
• Momentum remains bullish, but technical indicators show the token entering overbought territory, increasing the risk of short-term volatility or profit-taking.
Outlook: As long as buying volume remains strong, VELVET can continue to test new highs. However, after such a rapid move, traders should anticipate greater price fluctuations and manage risk carefully before chasing momentum#SKHynixTopsKOSPIByMarketCap