Bullish

VELVET rose 24.58% in 24 hours (small market cap)

08:02

VELVET trades at $1.03, up 24.58% in 24h with $28.9M volume. Open interest stands at $62M with 0% funding rate and a D rating, following recent high volatility.

The current price of VELVET is $1.03, with a 24-hour increase of 24.58% and trading volume of $28.9M. Recent news: VELVET rose 18.14% in 24 hours (small market cap); VELVET fell 18.28% in 24 hours (small market cap); VELVET dropped 18.31% in 24 hours (small market cap). The contract holding is 62M, the funding expense ratio is 0.0000%, and its rating is D.

WOOFUN AI

Impact Assessment · Quick Read

Despite the sharp rebound, the D rating suggests weak fundamentals, while recent volatility indicates high risk. The neutral funding rate implies balanced sentiment, but traders should remain cautious of potential pullbacks.
Generated by WOOFUN AI · For reference only, not investment advice

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