Velo just pumped 25.7% in the last 24h, and it's all about timing and strategy. here's what's likely going down:

1. **congressman mike collins' influence**: collins has been buying up velo, which definitely stirs up interest. political figures diving into smaller altcoins tend to bring a mix of legitimacy and hype, pushing prices up.

2. **whale accumulation**: whales have kept their eyes on velo. they've been stacking up without causing wild price swings, which shows they're confident about its future. when big players make a move, retail investors usually follow.

3. **oversold recovery**: the rsi was screaming oversold, so a bounce was on the cards. combine that with low volatility indicated by bollinger bands, and we're set for some upward movement.

4. **market expansion**: coinbase opening velo trading to new york isn't just about more access, it's a credibility boost too. more stateside trading means more liquidity and interest.

5. **strategic moves**: velo labs’ strategic integration of blackrock’s assets into usdv is a huge play. this not only strengthens their stablecoin but shifts attention to their underlying token, velo.

while the current trend is positive, it’s crucial to watch for resistance levels. if velo can sustain this growth, we might see it hit previous targets outlined by analysts. exciting times, but as always—dyor. 📈🚀