Golden Finance reported that according to on-chain analyst Ember Monitoring, Binance announced the launch of VELODROME 1 hour ago. Within 1 minute after the announcement, one address used 100 ETH (approximately $390,000) to buy 2.45 million VELODROME at a price of $0.159. Subsequently, the price of VELODROME quickly doubled, and the address's funds increased from US$390,000 to US$820,000.