VELVET (Velvet) rose 30.34% in the last 24 hours.

Gate News Bot news, on September 24, according to CoinMarketCap, as of the time of writing, VELVET (Velvet) is currently priced at 0.22 USD, with a pump of 30.34% in the last 24 hours, reaching a high of 0.32 USD and a low of 0.15 USD. The 24-hour volume reached 31.7 million USD. The current market capitalization is approximately 20.2 million USD, an increase of 4.7 million USD compared to yesterday.

Important news about VELVET recently:

1️⃣ Velvet Capital completed a $3.7 million financing Velvet Capital announced the completion of a $3.7 million financing to launch the DeFAI operating system. This funding will assist Velvet in further developing its decentralized finance AI technology to provide users with smarter trading and portfolio management solutions.

2️⃣ DeFAI technological innovation attracts market attention Velvet Capital is reshaping the DeFi trading and portfolio management space. Its DeFAI operating system combines decentralized finance with artificial intelligence technology, aiming to provide users with more efficient and intelligent asset management tools, and this innovative initiative has attracted widespread attention in the crypto market.

3️⃣ VELVET Token Functionality Enhancement As the Velvet ecosystem expands, the utility and demand for the VELVET token may increase. As the core of the ecosystem, the VELVET token may play a more important role in the DeFAI platform, which could be one of the potential factors driving its price rise.

From a technical perspective, the price of VELVET has broken through the previous resistance level, showing strong pump momentum. However, investors still need to be wary of the risk of a high-level pullback and closely monitor market changes.

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