Bullish

VELVET dropped 15.14% in 24 hours (small market cap)

17:20

VELVET trades at $0.8568, down 15.14% in 24h with $24M volume. Open interest is $58M, funding rate 0.0202%, rating D, volume multiplier 0.75x.

The current price of VELVET is $0.8568, with a 24-hour decline of 15.14% and trading volume of $24.0M. Recent news: VELVET rose 24.58% in 24 hours (small market cap); VELVET rose 18.14% in 24 hours (small market cap); VELVET fell 18.28% in 24 hours (small market cap). The contract open interest is 58M, the funding expense ratio is 0.0202%, the rating is D, and the volume multiplier is 0.75x.

WOOFUN AI

Impact Assessment · Quick Read

VELVET's recent volatility, with sharp swings, indicates unstable market sentiment. The D rating and sub-1x volume multiplier suggest weak selling momentum despite the drop. High open interest with low funding rates implies a stalemate or cautious stance, highlighting the high risk of this small-cap asset.
Generated by WOOFUN AI · For reference only, not investment advice

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