Crypto

Velvet Rallies 378% as Synthetic Pre-IPO Products Fuel Trader Interest

Guavy AI Editorial Team Published August 13, 2026

Instruments

BTC BNB DOGE VET

A little-known cryptocurrency called Velvet has defied the bear market in 2026 by posting a 378% gain year-to-date. Unlike Bitcoin and Dogecoin, which faltered during this period, Velvet's price surged as users took advantage of synthetic pre-IPO products on its platform.

The AI-powered decentralized finance operating system and trading terminal, primarily used on the BNB Chain, allowed users to trade tokenized, leveraged pre-IPO exposure directly from its on-chain terminal. This feature played a significant role in boosting Velvet's price, according to CoinMarketCap.

The introduction of these synthetic products sparked intense trader interest in the SpaceX and AI pre-IPO markets, driving the surge in Velvet's price. At the time of writing, VELVET was trading at $0.6772, up 201.17% in the last 24 hours.

Velvet Rallies 378% as Synthetic Pre-IPO Products Fuel Trader Interest

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