South Korea’s largest cryptocurrency alternate, Upbit, has formally listed Digital Protocol (VIRTUAL), marking a big growth within the AI token ecosystem.
The alternate launched buying and selling help for VIRTUAL
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on January 31, permitting customers to commerce the token in Korean gained (KRW), Bitcoin (BTC), and Tether (USDT) markets.
However this itemizing additionally raises questions on why Coinbase hasn’t listed VIRTUAL, opting as an alternative for VVV, a coin launched simply days in the past and already down 80% from its ATH.
This itemizing is a notable increase for Digital Protocol, a mission centered on the co-ownership of AI brokers. The community operates on the Base blockchain and has not too long ago expanded its attain to Solana.
VIRTUAL Worth Evaluation: How is Prime AI Agent Crypto Shaping Up After Korean Alternate Itemizing?
Following Upbit’s announcement, VIRTUAL’s value noticed a direct surge, climbing practically 20% from $2.04 to $2.44 earlier than barely retracting, presently at $2.17. VIRTUAL is at a market cap of $1.4 billion and a buying and selling quantity exceeding $650 million within the final 24 hours.
(VIRTUALUSDT)
AI Tokens Rebound After DeepSeek-Induced Stoop
The AI token sector has been in restoration mode because the DeepSeek downturn, which led to a pointy decline throughout the ecosystem. Digital Protocol had beforehand hit an all-time excessive of $5.07 on January 2 however has since misplaced over half of its worth.
The Upbit itemizing has injected recent optimism into the mission, offering renewed publicity to South Korean merchants recognized for his or her enthusiasm for altcoins.
Upbit’s transfer makes it the second main South Korean alternate to help VIRTUAL, following Bithumb’s itemizing in November 2024. The alternate carried out buying and selling restrictions at launch, together with a five-minute purchase restriction and an hour-long limitation on order varieties.
GM to a typical Upbit itemizing candle.#VIRTUAL pic.twitter.com/jn2pSwH5Lu
— Finn (@finn__crypto) January 31, 2025
Disappointment Over Coinbase’s Determination To Not Listing Digital
Regardless of the rising traction of Digital Protocol, Coinbase has but to checklist VIRTUAL, inflicting frustration inside the crypto neighborhood.
Many merchants have expressed disappointment, particularly after Coinbase opted to checklist lesser-known tokens like $VVV as an alternative. There’s a extensively shared sentiment of frustration for these listings and the standards they comply with. VVV is presently down 80% from launch day. Not search for Coinbase.
How may they checklist $VVV and never $VIRTUAL
This doesn’t make any sense at the same time as a impartial goal celebration
— Lai Yuen (Former .eth) (@0xlaiyuen) January 28, 2025
Because the AI sector evolves, VIRTUAL’s itemizing on Upbit alerts potential restoration for AI tokens. With rising institutional and retail curiosity, Digital Protocol could also be prepared for its subsequent main transfer.
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The submit Digital Protocol Surges as Upbit, South Korea’s Largest Alternate, Declares Itemizing appeared first on 99Bitcoins.
