VELO crypto is down -2.5% overnight as investors begin exiting positions amid a $42M token unlock tomorrow. The unlock will see approximately 3Bn VELO tokens entering circulation, which could cause a brief period of volatile price action as early investors take profits.
Token unlocks are always a conflicting period for projects as sell pressure increases with an influx of new coins entering circulation, and buyers are required to step in to counter the sellers.
(SOURCE:CoinMarketCal)
VELO Crypto Hoping Its New ‘Orbit Plus Super App’ Can Stem Sell Pressure
Yesterday (September 19), Velo Protocol announced the development of Orbit Plus, a self-described ‘Super App’ designed to transform how users and enterprises interact with tokenized assets, stablecoins, and the transfer of real-world value.
Orbit Plus marks a significant milestone in Velo’s roadmap and has been developed in collaboration with EVOLVE and Lightnet Group, aiming to drive the next generation of Real-World Asset (RWA) tokenization and settlement.
This new Super App will integrate directly with Velo’s PayFi network, enabling real-time settlements and frictionless conversions between tokenized RWAs, stablecoins, and fiat currencies. This innovation allows enterprises, institutional partners, and retail users to move value across ecosystems without barriers.
Velo crypto will be hoping the launch of Orbit Plus can take its RWA platform to the next level and begin competing with the likes of ONDO Finance. A bullish catalyst such as this will be much needed in the coming days, as Velo will need as many buyers as possible to step in and counter the selling from tomorrow’s $42M token unlock.
What Comes First For VELO Price: $0.01 or $0.02?
VELO is currently trading for around $0.015 USD, showing a modest uptrend with a 24-hour change of -2.5%. Its market cap stands at around $263 million, making it the 290th largest digital asset by valuation, per CoinGecko.
24-hour trading volume is sitting at just over $60M, indicating moderate liquidity. Key levels to watch are a healthy support zone between $0.013 and $0.0138.
The next resistance zone for VELO sits between $0.0159 and $0.016, which corresponds with the 23.6% Fibonacci level, which could lead to short-term gains unless the bullish uptrend is broken.
(SOURCE: TradingView)
TradingView indicators are showing that oscillators and moving averages are neutral overall, with a sell signal on the 1-week timeframe and neutral on the 1-month.
VELO crypto is showing no strong buy or sell signals, suggesting consolidation amid a broader market recovery. The Short-Term Outlook indicates that VELO appears range-bound, but with positive momentum, if it breaches $0.016, $0.02 is a potential target heading into the monthly close.
Watching trading volume for confirmation is the best play here. Low volatility implies limited downside risk near current levels, with any volume spikes indicating that buyers are stepping in to counter token unlock sellers.
BONUS: Pepenode (PEPENODE) Hits $1.3M in ICO Funding – Investors are LOVING Virtual Mining Gains
Pepenode (PEPENODE) is a revolutionary meme coin x utility hybrid that forever changes how presales are conducted. Instead of leaving investors twiddling their thumbs with nothing to do while the presale runs its course, PEPENODE gives them ways to generate rewards from day one.
PEPENODE is attracting investors with its innovative mining simulator, which removes the barriers to entry in mining by requiring less technical knowledge and lower costs. Users can quickly set up virtual nodes and facilities through a simplified dashboard to earn immediate rewards, allowing them to compound their investments.
Upgrading facilities enhances the mining experience, and 70% of the tokens spent on upgrades are burned, contributing to the token’s deflationary nature and increasing the value of remaining PEPENODE tokens. This means that as users earn rewards, they also support the long-term stability of the project.
Staking and Rising Presale Prices Combine To Drive Hype and Value For PEPENODE
The second way to earn is through staking, which is already live during the presale. Current staking rewards are insanely high, sitting above 1,049%. More than 774M tokens are already staked, highlighting the strong trust in the ecosystem’s future, as investors scramble to benefit from such a high-rewarding system.
Early investors in the PEPENODE presale are rewarded passively through a progressive funding model, which differs from the traditional flat pricing approach. In this model, the price increases slightly with each stage of the presale, allowing early buyers to realize value as soon as the next stage begins.
In conclusion, the combination of mining, staking, and progressive funding rounds is positioning PEPENODE as one of the most highly anticipated and rewarding presales of 2025. Many analysts predict that it could surpass $10 million in funding.
PEPENODE represents the evolution of memecoins, offering innovative solutions that move the sector beyond mere speculative assets. It provides investors with opportunities to earn passively while leveraging the well-known Pepe meme to elevate the project to new heights.
The PEPENODE token is currently worth $0.001066 at this stage of the presale and is expected to continue rising steadily until the end of the presale.
