Velodrome (VELO) experienced a massive breakout on December 13, with its price soaring over 135% upwards to reach a new all-time high of $0.4245. This surge happened after VELO successfully broke through significant resistance levels in its price chart.
The spike followed a previous attempt to surpass resistance at $0.1722 on December 6, which had led to a short-term pullback. This latest movement was catalyzed by VELO's listing on Binance, bringing increased attention and trading activity to the cryptocurrency.
