Crypto
Velvet Token Soars 378% as Synthetic Pre-IPO Products Fuel Growth
An under-the-radar cryptocurrency has outperformed popular peers like Bitcoin and Dogecoin in recent months.
The token, Velvet (VELVET), operates on the BNB Chain (CRYPTO: BNB) and has seen a 378% year-to-date gain.
Velvet's AI-powered decentralized finance operating system streamlines onchain research, trading, and portfolio management.
A key factor in Velvet's price surge was the introduction of synthetic pre-IPO products on its platform, allowing users to trade tokenized, leveraged exposure directly from the terminal.