VIRTUAL Token Surges 28% Following Upbit Listing
- VIRTUAL token price increased by 28% to $2.61.
- The surge followed its listing on South Korea’s leading exchange, Upbit.
- Upbit listed VIRTUAL in KRW, USDT, and BTC markets.
- The token approached the downtrend line from a Jan. 2 high of $5.25.
- Virtuals Protocol plans to buy back and destroy nearly 13 million tokens.
The VIRTUAL token saw a significant price increase after being listed on Upbit, with its value rising to $2.61 as it neared previous highs from early January. This development comes amid Virtuals Protocol’s strategy to manage its token supply through buybacks and destruction of accumulated tokens.
Source (2.6)https://www.coindesk.com/markets/2025/01/31/virtual-surges-28-as-upbit-listing-exposes-the-token-to-altcoin-savvy-south-koreans?rand=52298