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I’m not going to sugarcoat it.
$VELO @veloprotocol delisting from @kucoincom cross margin is not good news. I can’t elaborate further, as we don’t know the reasons behind this decision.
Many traders likely had to sell their $VELO tokens to move into other assets and keep their capital in cross margin, which could explain the sharp sell-off.
So what’s next?
This is a nothingburger, unless it’s the first falling domino. We simply don’t know, so there’s no need to speculate.
Gun to my head, I’d say this dump is a buying opportunity. Discounts are gifts, until proven otherwise.
XRP Riddler Archive@dewar_phil
@SamMari11134876 @YojadKang @veloprotocol A lot of projects with utility and that show promise can also suffer from bad management by the team. @castifao_kh has pointed out the problems with @veloprotocol's management over the past weeks, and @wideopentruth has brought to light price manipulation that could explain this:
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$OTHERS just need to hold through a $70B dip. Then we buying yachts in 2028
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@decodejar Please check out $XPR (not XRP). It's pretty interesting chart!
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Browsing through a load of altcoin charts to update, and well... most just look awful. So many past favourites are not even above their 2017 highs, let alone their 2021 highs.
It's actually a really good time to cull down your altcoin lists. Conditions have been so poor for altcoins for so long now, it is easy to see the projects that are failing in plain sight, but the washout in low-quality projects is actually super healthy for the market.
I am looking for some new coins to build Elliott Wave counts on, but so far it's a pretty short list. ETH and SOL get a free pass for having adoption. TAO, SUI and VELO look good too, but I already have counts on all of these.
Aside from that, BNB, RENDER, XMR and XRP stand out as potentials, as most of these coins have managed to consistently put in new highs over time. RENDER is probably the strongest candidate as it also sits in that AI and DePIN narrative alongside TAO.
I don't want to waste my time working on counts for charts that at best aren't performing, or at worst look completely broken. It takes a bit of time to build a count, so if I do it I'd like to be able to maintain it over the long term.
You've heard the phrase, "Show me the charts and I'll tell you the news". Well, good coins have good charts. It's that simple. If your favourite altcoin has a chart that looks like ass, you should probably reconsider.
All suggestions welcome!
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@castifao_kh @CG_trades_ $VELO seems sneaky with that divergence and RSI resistance escape 👀
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This is a solid and valid $VELO chart, as @CG_trades_ just reconfirmed.
There is a real possibility for $VELO to retest the 0.002 lows based on market structure and Elliott Waves.
But...
$VELO has a very low circulating supply and is strongly inversely correlated to $USDT dominance.
If $USDT.D drops, $VELO will move up quickly. Personally, I believe 0.003 is the bottom.
Also, keep in mind the current ~$70M market cap is misleading, it’s actually closer to the $30M range.
The reason is that while 17.5B is shown as circulating supply, the real tradable supply is around 7.39B, with an additional 10B unlocked but not tradable.
At ~$30M market cap, $VELO is clearly a micro-cap, and micro-caps are notoriously difficult to predict.
CG trades@CG_trades_
still no changes in $VELO plan… everything is same like i shared before,.. #VELO
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Without voter ID, democracy is a lie
America@america
President Donald Trump: “WE DEMAND VOTER I.D.”
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Adding $VELO to the collection of Elliott Wave counts due to relative strength since Dec 22 lows. Nice completed leading diagonal wave 1, and subsequent sharp wave 2. Text book. High probability bottom in Nov, as not pulled lower in Dec sell-off (eg. ADA, AVAX). Medium term targets ~0.2-0.4, but with good fundamental growth for long term believers, multi-year target is 1.618 extension for wave 3 at 2.2, prior highs.
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Very nicely charted from @decodejar. @veloprotocol $VELO
Decode@decodejar
Adding $VELO to the collection of Elliott Wave counts due to relative strength since Dec 22 lows. Nice completed leading diagonal wave 1, and subsequent sharp wave 2. Text book. High probability bottom in Nov, as not pulled lower in Dec sell-off (eg. ADA, AVAX). Medium term targets ~0.2-0.4, but with good fundamental growth for long term believers, multi-year target is 1.618 extension for wave 3 at 2.2, prior highs.
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$VELO: haven't updated this in a while. We managed to break out of multi-year resistance curve, and retest positively. The blue trend line needs to go through the same scenario (with potential inverse h&s) before seeing bullish continuation.
@veloprotocol
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The Invisible Ones
1/10. To begin, I give credit to @iykykmo8 for finding the NB PAY FZCO trade license.
Quick reminder:
1. The BRICS Pay app was launched by the Dubai-based company NB PAY, as stated in the User Agreement and App Store/Google Play listings.
2. A press release on Bloomberg published in October 2023 announced a cross-border payments partnership between Velo Labs, Lightnet, and NB PAY. The piece is not available anymore (ask yourself why) and hasn’t been archived by anyone via tools like Wayback Machine or similar. The link given by DeepSeek AI (credit to @veloxrp420) states the announcement was a press release, meaning one of the mentioned companies paid Bloomberg to have their content distributed. Interestingly, DeepSeek tells me NB PAY denied any partnership claims (ask yourself why [2]), but none of the links provided to support that are working. It seems like everything on this matter has been scraped off the internet. I call this Hint Then Deny. The masses aren’t allowed to know, but the breadcrumbs to follow can still be left. $velo #velo
velo steve@veloxrp420
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Advice to women in their 20s:
1. Make your own money and keep it. Don’t depend on a man. Independence isn’t a personality trait, it’s a power source.
2. Don’t chase love, chase purpose. The right person won’t slow you down, they’ll fuel you.
3. Stop being nice, break the rules. Nice is forgettable. Be kind, be fair, but don’t soften yourself just to be liked.
4. Keep your guard up. Not everyone’s heart is as clean as yours.
5. Don’t overthink, move! Perfect can wait, progress can’t.
6. If you’re beautiful, own it, just don’t rely on it.
7. Have kids later, if ever. Live your life before you raise someone else’s.
8. The world isn’t fair. Accept it, and get stronger instead of bitter.
9. Take care of your body. Your 30s will thank your 20s.
10. And remember, grace outlives beauty. See the world, touch art, learn deeply. Depth is the most magnetic thing you’ll ever wear.
Haseeb ＞|＜@hosseeb
Advice to men in their 20s: 1. Get better at speaking. Do embarrassing stuff like record yourself, Toastmasters, study good speakers and try to emulate them to try out their verbal techniques and see how they fit you. Charisma is the omni-skill. 2. Drink less, or not at all. It will force you to become a better conversationalist. 3. Buy art that your friends make and hang it on your walls. 4. Never lend money to family or close friends. Instead gift it to them, and if they pay you back, consider it a pleasant surprise. 5. Spend most of your money on experiences, not things. 6. Make sure your spending scales sublinearly compared to your income, and you will always feel rich. 7. Take a lot of risks. More risks that you think you should. When you're young, the downsides are never as big as you think, and other people's memories are short. 8. Every man is cobbled together from people they surround themselves with, both physically and mentally. Surround yourself with people you respect. If you never lose friends or never try to acquire better ones, you're doing it wrong. 9. Whenever you feel comfortable that you've made something of yourself, it's time to move on. Move to a bigger city. Try for a more prestigious company. Find the biggest games, and try your hand at them. 10. Say yes to every adventure, at least once. Your 20s are the only time you'll get to do that.
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