CYBER token surges 133% after Upbit listing sparks trading frenzy
Main Idea
The CYBER token experienced a 133% price surge following its listing on Upbit, significantly increasing its market cap and trading volume, and enhancing its global accessibility.
Key Points
1. CYBER token's price surged 133% after being listed on Upbit, reaching a peak price of $4.33 from approximately $1.80.
2. The token's market capitalization peaked at $170 million, with daily trading volume increasing by over 500%, reaching up to $733.46 million.
3. Upbit's listing provided CYBER with greater accessibility, allowing South Korean traders to purchase the token directly using KRW and USDT pairs.
4. CYBER is the native token of the Cyber Network, an Ethereum layer-2 solution designed to improve scalability, reduce gas fees, and support cross-chain transactions.
5. Before the Upbit listing, CYBER was already traded on platforms like Binance, MEXC, and Bitget, but the Upbit listing significantly amplified its trading activity.
Description
The CYBER token has made headlines after its price skyrocketed 133% in a matter of hours, driven by a high-profile listing on Upbit, one of South Korea’s largest cryptocurrency exchanges. The sudden price surge and spike in trading activity have placed CYBER among the most-watched digital assets in the market today. Upbit listing triggered a price breakout On August 12, 2024, Upbit announced the addition of CYBER/KRW and CYBER/USDT spot trading pairs. Trading began at 08:00 UTC for both pairs, w...
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