VELVET (Velvet) 24-hour pump 19.13%

Gate News Bot news, on August 20, according to CoinMarketCap data, as of the time of writing, VELVET (Velvet) is currently priced at 0.07 USD, having pumped 19.13% within the last 24 hours, with a high of 0.07 USD and a low of 0.05 USD. The current market capitalization is approximately 16.9 million USD, which is an increase of 2.72 million USD compared to yesterday.

Velvet is a DeFi trading and portfolio management operating system, driven by intent and AI. It provides a smart execution engine for professional trading, one-click access to top DeFi protocols, and allows for the exploration or creation of high-performance portfolios. Velvet simplifies DeFi trading, offering an intuitive dashboard that enables users to trade, earn, and manage DeFi positions in seconds. The platform has over 25,000 users and a trading volume exceeding $100 million. Velvet emphasizes security, having undergone 7 security audits, and has a real-time bug bounty program.

Recent important news about VELVET:

1️⃣ Successfully raised $3.7 million to support the development of the DeFi AI operating system The Velvet project recently completed a financing of 3.7 million USD, which will be used to launch its DeFi AI operating system. This system aims to simplify the DeFi trading process and provide users with a smarter and more efficient trading experience. This financing news demonstrates investors' confidence in the Velvet project and provides important support for its future development.

2️⃣ Launch Velvet Unicorn AI to assist users in smart navigation of DeFi Velvet Capital recently launched the Velvet Unicorn AI Copilot feature, which is an AI tool designed to help users navigate the DeFi ecosystem more intelligently. The launch of this feature reflects Velvet's ongoing innovation in the application of AI technology, with the potential to further enhance user experience and platform competitiveness.

3️⃣ Continuously optimize platform features to enhance user experience The Velvet team has been committed to optimizing and improving its platform features. Recently, Velvet Exchange officially launched its new website, marking a further enhancement of the platform in terms of user interface and functionality. These ongoing improvements help attract more users and increase the satisfaction of existing users.

From a technical perspective, the price of VELVET has seen a significant rise in the past 24 hours, possibly related to these positive project development news. However, investors should remain cautious and closely monitor market trends and the subsequent progress of the project.

This message is not intended as investment advice; investors should be aware of market volatility risks.