Quick reaction led to profit: The trader invested 100 ETH, approximately 389,000 USD, to purchase 2.45 million VELO tokens, taking advantage of the price surge from 0.158 USD to 0.342 USD after the announcement.
Impact of centralized exchanges: The Binance listing illustrates how centralized exchanges significantly influence token valuations, creating opportunities for traders who act promptly on such announcements.
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