South Korea’s largest cryptocurrency trade, Upbit, has formally listed Digital Protocol (VIRTUAL), marking a major growth within the AI token ecosystem.
The trade 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 a substitute 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 challenge targeted 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 Value Evaluation: How is High AI Agent Crypto Shaping Up After Korean Trade Itemizing?
Following Upbit’s announcement, VIRTUAL’s worth noticed a right away surge, climbing almost 20% from $2.04 to $2.44 earlier than barely retracting, at the moment 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 Hunch
The AI token sector has been in restoration mode for the reason that 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 contemporary optimism into the challenge, offering renewed publicity to South Korean merchants identified for his or her enthusiasm for altcoins.
Upbit’s transfer makes it the second main South Korean trade to help VIRTUAL, following Bithumb’s itemizing in November 2024. The trade applied buying and selling restrictions at launch, together with a five-minute purchase restriction and an hour-long limitation on order sorts.
GM to a typical Upbit itemizing candle.#VIRTUAL pic.twitter.com/jn2pSwH5Lu
— Finn (@finn__crypto) January 31, 2025
Disappointment Over Coinbase’s Choice To Not Checklist Digital
Regardless of the rising traction of Digital Protocol, Coinbase has but to listing VIRTUAL, inflicting frustration inside the crypto neighborhood.
Many merchants have expressed disappointment, particularly after Coinbase opted to listing lesser-known tokens like $VVV as a substitute. There’s a broadly shared sentiment of frustration for these listings and the standards they observe. VVV is at the moment down 80% from launch day. Not a great search for Coinbase.
How may they listing $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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