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VIRTUAL surges as Koreas largest crypto exchange lists token

VIRTUAL surges as Koreas largest crypto exchange lists token
© Copyright Image: CoinJournal: Home

  • The VIRTUAL price rose to highs of $2.45 after Upbit, Koreas largest exchange, announced trading support.
  • Upbit planned to add VIRTUAL pairs against Korean Won, BTC and USDT.
  • Virtuals Protocol is also among tokens in Injectives AI index AIX.

VIRTUAL, the native token of the AI agents platform Virtuals Protocol, has surged to highs of $2.45 and recorded a 24-hour trading volume of over $485 million.

Market data shows the tokens daily volume has shot up by more than  186%, indicating a massive increase in interest and trading activity.

Koreas Upbit lists Virtuals Protocol token

VIRTUAL price spiked in early trading on Jan. 31 after Upbit, the largest cryptocurrency exchange in South Korea, announced its support for the token.

In an update on X, Upbit said it would be listing VIRTUAL with support for three major trading pairs. The exchange planned to add pairs against the Korean Won, Bitcoin (BTC), and Tether (USDT).

Market reaction to the news has helped the artificial intelligence protocols native token reclaim price levels seen early this week.

While VIRTUAL has pared some of these gains amid profit taking deals, it trades 6% in the green. Bulls have cut weekly losses to about 16%.

VIRTUAL chart by CoinMarketCap

Why else is VIRTUAL price up?

Overall AI sentiment is one reason this token is up today.

Notably, the latest bounce for the Virtuals Protocol price came as Injective Labs announced the AI agent token will be part of the newly-launched AI index AIX.

This tokenized product combines some of the worlds best AI tokens andstocks. Other than INJ, the index comprises top AI tokens Bittensor as well as trending agentic tokens ai16z and Virtuals Protocol. Injectives AIX also has Nvidia and Taiwan Semiconductor stocks.

Virtuals price has also traded higher amid a partnership with Allora, a Polychain-backed decentralized AI platform. The collaboration allows developers on G.A.M.E to leverage Alloras technology to create smarter AI agents.

Virtuals recent surge also followed the projects expansion to Solana, with LayerZero powering the integration. The move brought co-ownership of AI Agents to two chains Base and Solana.

The post VIRTUAL surges as Koreas largest crypto exchange lists token appeared first on CoinJournal.

Read more: https://coinjournal.net/news/virtual-surges-as-koreas-largest-crypto-exchange-lists-token/

Text source: CoinJournal: Home

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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