🚨 $VELVET went from 2.15 to 0.047.
That's -98%, and today it's down another 11% 👀
On-chain reports flagged the deployer sending tokens to exchanges before the first big crash.
Now there's only $423K in liquidity behind a $26M market cap.
That's thin enough for one seller to move it.
0.044 is the line that matters. If it breaks, there's no floor on this chart.
A close above 0.055 would be the first sign of life, with 0.07 as the target.
Is $VELVET a dead cat or a bottom? 👇
#VELVET #CryptoTrading #Write2Earn #BinanceSquareFamily
DYOR | NFA
That's -98%, and today it's down another 11% 👀
On-chain reports flagged the deployer sending tokens to exchanges before the first big crash.
Now there's only $423K in liquidity behind a $26M market cap.
That's thin enough for one seller to move it.
0.044 is the line that matters. If it breaks, there's no floor on this chart.
A close above 0.055 would be the first sign of life, with 0.07 as the target.
Is $VELVET a dead cat or a bottom? 👇
#VELVET #CryptoTrading #Write2Earn #BinanceSquareFamily
DYOR | NFA