CYBER token surges 133% after Upbit listing sparks trading frenzy

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.