Binance Unveils VELO: Price Soars as 100 ETH Sparks Massive Purchase Surge

In a significant market move reported on December 13, Binance unveiled the **launch** of its new digital asset, **VELO**. According to data from Ember monitoring, shortly after the announcement, a notable investor capitalized on the opportunity by deploying **100 ETH**, equivalent to approximately **$390,000**, to acquire **2.45 million VELO tokens** at a price point of **$0.159**. This swift transaction occurred within just one minute of the announcement, highlighting the **market’s volatility** and the rapid execution strategies employed by traders. Following this initial surge, the value of VELO saw an impressive increase, with its market position soaring from **$390,000** to an impressive **$820,000**. This dramatic price movement underscores the potential for significant returns in the **cryptocurrency market**, further demonstrating the ongoing **dynamics** that characterize digital asset investments.