Wait. $VELVET is up 32.6% TODAY đđđ
I watched this token go from $2.17 ATH all the way down to $0.39.
Wrote about it.
Called it painful.
Moved on mentallyđ .
And then â Velvet just distributed 2.7 million VELVET tokens worth over $1 million to holders based on Gem leaderboard rankings on August 10.
An airdrop. Real tokens. Real value. To people who held through the pain.
This is actually the part of the VELVET story I didn't see comingđ.
While the price was bleeding and everyone was calling it dead â the team was quietly building a rewards system for loyal holders.
The distribution could create selling pressure post-airdrop â so the 32.6% might not hold. People tend to sell free tokens.
But here's what I'm thinking â a team that rewards holders during a 75% drawdown is a different kind of team than what we saw with $LAB or $SIREN .
Did you hold VELVET through the crash?
Did you get the airdrop? đ
#Velvet #BinanceSquareFamily #BinanceSquareTalks
I watched this token go from $2.17 ATH all the way down to $0.39.
Wrote about it.
Called it painful.
Moved on mentallyđ .
And then â Velvet just distributed 2.7 million VELVET tokens worth over $1 million to holders based on Gem leaderboard rankings on August 10.
An airdrop. Real tokens. Real value. To people who held through the pain.
This is actually the part of the VELVET story I didn't see comingđ.
While the price was bleeding and everyone was calling it dead â the team was quietly building a rewards system for loyal holders.
The distribution could create selling pressure post-airdrop â so the 32.6% might not hold. People tend to sell free tokens.
But here's what I'm thinking â a team that rewards holders during a 75% drawdown is a different kind of team than what we saw with $LAB or $SIREN .
Did you hold VELVET through the crash?
Did you get the airdrop? đ
#Velvet #BinanceSquareFamily #BinanceSquareTalks