There’s a buzz in the crypto trading community surrounding two standout tokens: VELO and UMA. VELO, often dubbed the “XRP of South East Asia,” has seen an impressive surge in its price, gaining 358% in just six weeks.
Meanwhile, UMA has caught the attention of traders with a significant 50% increase in value over the past 36 hours.
The bullish trend of VELO is evident across all timeframes, with gains of 3% today, 40% in the last seven days, 111% in the past 30 days, and a staggering 424% surge in the last 90 days.
This remarkable performance has placed VELO in the spotlight as traders eye its potential for further growth and adoption.
📈🗣️ $VELO has been gaining a great deal of traction amongst #crypto traders lately, being referred to as the "XRP of South East Asia". In 6 weeks, its price is +358%. Meanwhile, $UMA has seen a big jump in interest following its +50% gain over the past 36 hours.
See the… pic.twitter.com/RXqzLd4J0m
— Santiment (@santimentfeed) May 10, 2024
VELO Recent Launch Of Orbit Application Spurs More Excitement
Adding to the excitement surrounding VELO is the recent beta launch of its Orbit Application by the Velo team. Orbit represents more than just a payment platform; it’s positioned as the future standard in Web3 payments.
By seamlessly bridging the gap between digital and traditional finance, Orbit aims to revolutionize the way transactions are conducted in the digital age.
Available for both iOS and Android users, the beta launch of Orbit marks a significant milestone for VELO and underscores its commitment to innovation and technological advancement in the cryptocurrency space.
Exciting news from Velo! 🌐
We're thrilled to announce the beta launch of Orbit Application 🎉
Orbit is not just a payment platform—it's the future standard in Web3 payments, seamlessly bridging the gap between digital and traditional finance 💫
Say hello to real-time… pic.twitter.com/gO7WO7x0A2
— Velo Official (@veloprotocol) May 10, 2024
Meanwhile, UMA’s sudden surge in interest has piqued the curiosity of traders, prompting them to closely monitor its price movements and market dynamics. With a notable increase in value over a short period, UMA has emerged as a token of interest within the crypto trading community, attracting attention for its potential for further growth and development.
As VELO and UMA continue to make waves in the cryptocurrency market, traders remain vigilant, eager to capitalize on the opportunities presented by these dynamic assets.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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