VELVET has performed well recently, achieving impressive gains in the short term. From multiple timeframes, the 5-minute increase is 3.45%, followed by stable increases of 3.54% in the 15-minute, 30-minute, and 1-hour cycles, with the 4-hour level reaching 3.83%.

The main catalyst for this surge is the implementation of tokenomics. VELVET will distribute 977,000 tokens to ecosystem builders on January 10th. This incentive plan targets users who actively participate in the ecosystem. Such clear token distribution events often attract incremental capital attention during the anticipation phase, thereby boosting short-term demand.

The current price has reached $0.1633, and the market's reaction to this distribution event has already been reflected in the trading charts.