South Korea’s biggest cryptocurrency exchange, Upbit, is set to launch trading for the Virtuals Protocol token, VIRTUAL, on January 31, at 8 PM KST. This news caused VIRTUAL’s price to jump by 20%, increasing from $2.04 to $2.40, although it later settled around $2.30. VIRTUAL will be available for trading against the Korean won, Bitcoin, and Tether on Upbit’s platform. The token has a Market cap of $1.5 billion and has seen a trading volume spike of 130% in the past 24 hours. This launch follows VIRTUAL’s recent high of $5.07 on January 2, illustrating its volatility in the Market. Virtuals Protocol focuses on integrating AI agents within gaming and entertainment sectors.
South Korea’s largest crypto exchange, Upbit, has recently made headlines by launching trading support for the Virtuals Protocol token, known as VIRTUAL. This announcement, made on January 31, has caused a significant surge in the token’s value, increasing it by 20% within a short period.
Upbit confirmed in a notice that VIRTUAL will be available for trading starting at 20:00 KST on January 31. This token will be traded against Korean won, Bitcoin, and Tether markets. Notably, VIRTUAL will be supported on the Base network, specifically VIRTUAL-Base, enhancing accessibility for investors.
Following this announcement, VIRTUAL’s price jumped from $2.04 to $2.40. However, after trading commenced, the price slightly retracted, settling around $2.30. Currently, VIRTUAL boasts a Market cap of $1.5 billion and has experienced a dramatic uptick in trading volume, which has soared by nearly 130% to exceed $415 million.
This listing on Upbit marks a crucial step for VIRTUAL, as it is the second South Korean exchange to support the token, with Bithumb being the first to list it back in November. The launch comes almost a month after VIRTUAL reached a recent all-time high of $5.07 on January 2, reflecting the token’s volatility.
In addition to its trading dynamics, Virtuals Protocol stands out for its innovative approach to AI agents in gaming and entertainment. This platform allows users to co-own AI agents through a tokenization system, offering a unique investment opportunity in the expanding landscape of AI technology.
Overall, Upbit’s introduction of VIRTUAL not only signifies growth in the crypto Market but also highlights the increasing interest in AI-driven projects. Investors are keenly watching as VIRTUAL navigates this new chapter of trading and Market engagement.
Key takeaways:
– Upbit launches trading for VIRTUAL, boosting its value by 20%.
– Token available against Korean won, Bitcoin, and Tether.
– VIRTUAL’s Market cap reaches $1.5 billion with a trading volume increase of nearly 130%.
Tags: South Korea, Upbit, VIRTUAL, Virtuals Protocol, cryptocurrency, AI agents.
FAQ about Upbit’s AI Agent Token VIRTUAL
What is the AI agent token VIRTUAL?
VIRTUAL is a new token launched by South Korea’s Upbit exchange. It uses artificial intelligence to provide users with advanced features for trading and investing.
How can I buy the VIRTUAL token?
You can buy the VIRTUAL token directly on the Upbit exchange platform. Just create an account, verify your identity, and navigate to the trading section.
What makes VIRTUAL different from other tokens?
VIRTUAL stands out because it integrates AI technology to help users make better trading decisions. This means it can analyze Market trends and suggest optimal investment strategies.
Is VIRTUAL a safe investment?
Like any cryptocurrency, investing in VIRTUAL carries risks. It’s important to do your own research and only invest what you can afford to lose.
Where can I get more information about VIRTUAL?
For more details about the VIRTUAL token, you can visit Upbit’s official website or check their updates on social media platforms. They provide the latest news and insights to help users stay informed.
