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South Korea’s Upbit launches AI agent token VIRTUAL

January 31, 2025Updated:January 31, 2025No Comments2 Mins Read
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South Korea’s Upbit launches AI agent token VIRTUAL
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South Korea’s largest crypto change launches buying and selling help for the Virtuals Protocol token on its platform on Jan. 31, catapulting it by 20%.

In current discover, Upbit introduced that VIRTUAL (VIRTUAL) will debut on its platform on Jan. 31 at 20:00 KST. The token can be obtainable for buying and selling on Korean gained, Bitcoin (BTC) and Tether (USDT) markets. The crypto change helps buying and selling for VIRTUAL on the Base (BASE) community or VIRTUAL-Base.

Shortly after Upbit introduced that it will likely be including the AI agent community’s token, VIRTUAL noticed its value leap as excessive as 20%, from $2.04 to $2.40. Nonetheless after its launch, the token has since retracted from the transient excessive. On the time of writing, the token is buying and selling fingers at $2.30.

In keeping with information from crypto.information, VIRTUAL has a market cap of $1.5 billion and a completely diluted valuation of $2.3 billion. The token’s buying and selling quantity has gone up by practically 130% up to now 24 hours to greater than $415 million.

Upbit turns into the second South Korean crypto change to launch VIRTUAL, after Bithumb listed the token in Nov. 2024

Worth chart for VIRTUAL showcasing a spike after Upbit’s announcement, January 31, 2025 | Supply: CoinGecko

VIRTUAL’s Upbit itemizing comes virtually an entire month after Virtuals Protocol hit its most up-to-date all-time excessive on Jan. 2 when it reached $5.07. Nonetheless, the token’s value has plummeted by greater than half, settling at a spread of $2.40 to $2.30 on the time of writing.

In keeping with the Upbit discover, VIRTUAL will begin buying and selling at an excellent decrease base value upon launch, starting from 2,971 Korean gained ($2.04) to 2,984 Korean gained ($2.05).

Purchase orders for VIRTUAL can be restricted to round 5 minutes after the crypto change begins buying and selling help. Whereas all kinds of orders, except for restrict orders, are restricted for roughly one hour after buying and selling help begins.

Virtuals Protocol has been a serious participant in selling AI brokers within the crypto sphere. The community is thought for its co-ownership layer for AI brokers within the gaming and leisure sectors, which basically lets customers to co-own AI brokers via the tokenization of AI brokers. A few of its prime brokers embrace G.A.M.E, Prefrontal Cortex Convo Agent and Luna.

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