Velodrome sees a trading surge after U.S. Congressman Mike Collins buys 100,000 VELO tokens, becoming the first politician to engage with the cryptocurrency. Velodrome Finance operates on the Optimism network, using VELO for rewards and governance. Collins' move boosted trading volume by 67% to $2.4 million in 24 hours. VELO's price, initially at $0.13, now sits at $0.09653, showing a 4.33% dip but hinting at potential recovery amid broader crypto trends.
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