Efecto DeFAI! VELVET is surging more than 50% driven by a #Airdrop millonario and the launch of its new #IA
The token $VELVET has unleashed euphoria in the on-chain market, recording an impressive increase of more than +53% over the last 24 hours and reaching an intraday high of $0.8887. This dizzying price and volume spike (surpassing 195 million USDT in moved volume) places #Velvet Capital at the center of the DeFAI (DeFi + AI) narrative.
🔑 The engines behind the rally: Why is Velvet going up?
The bullish momentum isn’t a coincidence; it’s the result of a perfect combination of economic incentives, key technological launches, and a strong incentives model:
1. The distribution of the Gems Airdrop (August 10)
Rewards to the community: The corresponding distribution for the Gems epoch was completed, distributing ~2.71 million $VELVET (approximately 0.64% of the circulating supply), valued at over $1M at prices prior to the surge.
Real farming mechanism: Users accumulated Gems through real trading volume in spot/perps, staking veVELVET, referrals, and activity on the platform.
Post-distribution dynamics: Far from triggering massive sell pressure, the distribution sparked a wave of re-staking, accumulation, and a dramatic increase in market speculation.
2. Technological innovation: Debut of Velvet Flash 0.1
Own AI for trading: The platform unveiled the launch of Velvet Flash 0.1, a specialized Artificial Intelligence model built with 4 billion parameters (4B).
Security and execution: Designed specifically to execute complex crypto operations safely, reliably, and with low latency directly on-chain.
3. The economic flywheel (DeFAI Flywheel)
Incentive ecosystem: The platform combines the trendy narrative (AI + DeFi) with tangible benefits: cashback + Gems → more trading activity → more fees generated → greater token buyback potential.
#CryptoNews
$VELVET
The token $VELVET has unleashed euphoria in the on-chain market, recording an impressive increase of more than +53% over the last 24 hours and reaching an intraday high of $0.8887. This dizzying price and volume spike (surpassing 195 million USDT in moved volume) places #Velvet Capital at the center of the DeFAI (DeFi + AI) narrative.
🔑 The engines behind the rally: Why is Velvet going up?
The bullish momentum isn’t a coincidence; it’s the result of a perfect combination of economic incentives, key technological launches, and a strong incentives model:
1. The distribution of the Gems Airdrop (August 10)
Rewards to the community: The corresponding distribution for the Gems epoch was completed, distributing ~2.71 million $VELVET (approximately 0.64% of the circulating supply), valued at over $1M at prices prior to the surge.
Real farming mechanism: Users accumulated Gems through real trading volume in spot/perps, staking veVELVET, referrals, and activity on the platform.
Post-distribution dynamics: Far from triggering massive sell pressure, the distribution sparked a wave of re-staking, accumulation, and a dramatic increase in market speculation.
2. Technological innovation: Debut of Velvet Flash 0.1
Own AI for trading: The platform unveiled the launch of Velvet Flash 0.1, a specialized Artificial Intelligence model built with 4 billion parameters (4B).
Security and execution: Designed specifically to execute complex crypto operations safely, reliably, and with low latency directly on-chain.
3. The economic flywheel (DeFAI Flywheel)
Incentive ecosystem: The platform combines the trendy narrative (AI + DeFi) with tangible benefits: cashback + Gems → more trading activity → more fees generated → greater token buyback potential.
#CryptoNews
$VELVET