Introduction
Upbit, South Korea’s leading cryptocurrency exchange, has launched trading for the VIRTUAL token. The listing went live on January 31, triggering a 20% price surge. As a result, VIRTUAL’s debut on Upbit marks a significant milestone for the Virtuals Protocol. This move aims to reshape the AI and crypto space.
VIRTUAL Token Now Available on Upbit
Upbit announced that VIRTUAL would start trading at 20:00 KST. The token will be available in pairs with Korean Won, Bitcoin (BTC), and Tether (USDT). Additionally, users can also trade it on the Base network, under the ticker VIRTUAL-Base.
Price Surge and Current Trading Value
Following the announcement, VIRTUAL surged from $2.04 to $2.40. However, the price slightly dropped afterward and is now around $2.30. Despite this, it remains significantly higher than before the listing. In any case, the token continues to show strong demand.
Market Cap and Trading Volume
VIRTUAL has a market cap of $1.5 billion. Moreover, its fully diluted valuation is $2.3 billion. In addition, its trading volume has surged by nearly 130% in the last 24 hours. It has surpassed $415 million, highlighting a strong investor interest.
Upbit Joins Bithumb in Listing VIRTUAL
Upbit is now the second South Korean exchange to list VIRTUAL. Bithumb had listed the token in November 2024. Consequently, the token is gaining wider exposure in South Korea, attracting more traders and investors
Recent Price Trends for VIRTUAL
The listing comes nearly a month after Virtuals Protocol reached an all-time high of $5.07 on January 2. Since then, however, the price has dropped by over 50%. Now, VIRTUAL fluctuates between $2.40 and $2.30. Still, the token is holding strong at these levels.
Launch Details and Restrictions
Upbit confirmed that VIRTUAL will launch with a base price between 2,971 Korean Won ($2.04) and 2,984 Korean Won ($2.05). Additionally, buy orders will be limited to five minutes after the launch. Furthermore, all orders, except limit orders, will face restrictions for the first hour.
About Virtuals Protocol and AI Agents
Virtuals Protocol focuses on promoting AI agents in the crypto world. Through tokenization, the platform allows users to co-own AI agents. This innovation is gaining attention in the gaming and entertainment sectors. Some of its notable agents include G.A.M.E, Prefrontal Cortex Convo Agent, and Luna.