Bullish

VELVET dropped 18.31% in 24 hours (small market cap)

06:15

VELVET dropped 18.31% in 24h to $0.8325 with $36.1M volume. Following a 155% weekly surge, it holds $52M in contracts with a D rating.

The current price of VELVET is $0.8325, with a 24-hour decline of 18.31% and trading volume of $36.1M. Recent news: VELVET led the way with a weekly gain of 155%, as recorded in the reshaping of the economic models for the top five cryptocurrencies. The contract holding volume is 52M, the funding rate is 0.0083%, the rating is D, and the volume expansion factor is 1.36x.

WOOFUN AI

Impact Assessment · Quick Read

The sharp correction after a 155% weekly surge highlights the extreme volatility of small-cap tokens. Despite high open interest, the D rating suggests weak fundamentals, indicating significant pressure from profit-taking.
Generated by WOOFUN AI · For reference only, not investment advice

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