{"id":48506,"date":"2026-06-29T15:35:36","date_gmt":"2026-06-29T15:35:36","guid":{"rendered":"https:\/\/cryptd.in\/viral-altcoin-velvet-explodes-1700-in-a-month-more-gains-ahead-or-perfect-short-setup\/"},"modified":"2026-06-29T15:35:36","modified_gmt":"2026-06-29T15:35:36","slug":"viral-altcoin-velvet-explodes-1700-in-a-month-more-gains-ahead-or-perfect-short-setup","status":"publish","type":"post","link":"https:\/\/cryptd.in\/lv\/viral-altcoin-velvet-explodes-1700-in-a-month-more-gains-ahead-or-perfect-short-setup\/","title":{"rendered":"Viral Altcoin VELVET Explodes 1,700% in a Month: More Gains Ahead or Perfect Short Setup?"},"content":{"rendered":"<p>The cryptocurrency sector may be stuck in a prolonged bear market, yet some tokens still manage to outperform with significant upward moves.<\/p>\n<p>Velvet (VELVET) is a standout example, having jumped by quadruple digits in the past month. And while some analysts expect more short-term upside, others warn the altcoin could be a ticking time bomb.<\/p>\n<h2>Further Rally?<\/h2>\n<p>As of press time, the altcoin trades at around $1.58 (according to CG), representing a 250% increase on a weekly scale and a staggering 1,700% pump over the last 30 days.<\/p>\n<figure aria-describedby=\"caption-attachment-1441404\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/06\/VELVET-Price.png\"><img decoding=\"async\" class=\"wp-image-1441404 size-full\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/06\/VELVET-Price.png\" alt=\"VELVET Price\" width=\"932\" height=\"606\" \/><\/a><figcaption class=\"wp-caption-text\">VELVET Price, Source: CoinGecko<\/figcaption><\/figure>\n<p>Its market capitalization has risen to nearly $700 million, making VELVET the 90th-biggest cryptocurrency. One potential catalyst for the price explosion could be the project\u2019s collaboration with AerodromeeFi.<\/p>\n<blockquote>\n<p>\u201cWith the integration, you now:<\/p>\n<p>\u2013 Get tighter pricing<br \/>\n\u2013 Pay less slippage<br \/>\n\u2013 Tap deeper liquidity on every trade<br \/>\n\u2013 Land better fills, automatically,\u201d the announcement <a href=\"https:\/\/x.com\/Velvet_Capital\/status\/2070555985966719284\">reads<\/a>.<\/p>\n<\/blockquote>\n<p>Later on, the project <a href=\"https:\/\/x.com\/Velvet_Capital\/status\/2071525602386170138\">ieviesa<\/a> Velvet-1: an Artificial Intelligence (AI) model for on-chain intelligence, which could also have positively impacted the price.<\/p>\n<p>Several analysts have highlighted the coin\u2019s performance and believe it might have more fuel for additional gains. X user Crypto With Gopal <a href=\"https:\/\/x.com\/cryptowithgopal\/status\/2071474186552578123\">claimed<\/a> that the price \u201cis tightening inside a Symmetrical Triangle after a sharp bullish impulse.\u201d He argued that sellers continue to lose control, setting a short-term target of $2.1.<\/p>\n<p>The Boss also issued an optimistic prediction, <a href=\"https:\/\/x.com\/CryptoTheBossX\/status\/2071191836102725741\">arguing<\/a> that the latest breakout attempt shows that buyers remain active after consolidation rather than immediately giving back gains. The analyst claimed that the current structure looks \u201chealthier than it did 24 hours ago, with the chart transitioning from recovery mode into expansion mode.\u201d<\/p>\n<blockquote>\n<p>\u201cIf momentum persists and volume follows through, the market could begin testing higher liquidity zones that were previously rejected during the first impulsive move earlier this month,\u201d they concluded.<\/p>\n<\/blockquote>\n<h2>\u2018Generational Short Opportunity?\u2019<\/h2>\n<p>Many other analysts believe investors should stay away from the altcoin as it may experience a steep decline in the near future. Yesterday (June 28), X user Crypto with Haris \u20bf <a href=\"https:\/\/x.com\/Crypto__Haris\/status\/2071266728739479942\">prognoz\u0113ts<\/a> that VELVET could crash to $0.90 in the next six hours (which didn\u2019t happen), calling the setup a \u201cgenerational short opportunity.\u201d<\/p>\n<p>For his part, Vuori Trading <a href=\"https:\/\/x.com\/VuoriTrading\/status\/2071309502029385730\">claimed<\/a> that the token is another \u201cBinance Alpha aka. CZ scam.\u201d In his view, the token seems to be nearing its top, but if it crosses $2, it might explode to $8.<\/p>\n<p>The coin\u2019s Relative Strength Index (RSI) reinforces the bearish outlook. The ratio has risen past 80, meaning VELVET has entered extreme overbought territory and could be on the verge of a collapse. The technical analysis tool ranges from 0 to 100, with anything below 30 considered a buying opportunity.<\/p>\n<figure aria-describedby=\"caption-attachment-1441403\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/06\/VELVET-RSI.png\"><img decoding=\"async\" class=\"wp-image-1441403\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/06\/VELVET-RSI.png\" alt=\"VELVET RSI\" width=\"9025\" height=\"400\" \/><\/a><figcaption class=\"wp-caption-text\">VELVET RSI, Source: TradingView<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>Amats <a href=\"https:\/\/cryptopotato.com\/viral-altcoin-velvet-explodes-1700-in-a-month-more-gains-ahead-or-perfect-short-setup\/\">Viral Altcoin VELVET Explodes 1,700% in a Month: More Gains Ahead or Perfect Short Setup?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency sector may be stuck in a prolonged bear market, yet some tokens still manage to outperform with significant upward moves. Velvet (VELVET) is a standout example, having jumped by quadruple digits in the past month. And while some analysts expect more short-term upside, others warn the altcoin could be a ticking time bomb. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":48508,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-48506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Viral Altcoin VELVET Explodes 1,700% in a Month: More Gains Ahead or Perfect Short Setup? - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/lv\/viral-altcoin-velvet-explodes-1700-in-a-month-more-gains-ahead-or-perfect-short-setup\/\" \/>\n<meta property=\"og:locale\" content=\"lv_LV\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Viral Altcoin VELVET Explodes 1,700% in a Month: More Gains Ahead or Perfect Short Setup? - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"The cryptocurrency sector may be stuck in a prolonged bear market, yet some tokens still manage to outperform with significant upward moves. Velvet (VELVET) is a standout example, having jumped by quadruple digits in the past month. And while some analysts expect more short-term upside, others warn the altcoin could be a ticking time bomb. 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Velvet (VELVET) is a standout example, having jumped by quadruple digits in the past month. And while some analysts expect more short-term upside, others warn the altcoin could be a ticking time bomb. 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