Bithumb to List AI Crypto Virtual Protocol; $VIRTUAL Surges

South Korea’s leading crypto exchange Bithumb, announced today the listing of the AI crypto Virtual Protocol ($VIRTUAL) to its KRW market. Trading for VIRTUAL is set to begin from Friday, November 29, 2024, at 5:00 PM KST. Owing to the announcement, $VIRTUAL surged around 40% in the past day.

As per the official notice, the base price for trading has been set at 1,486 Won, and deposits/withdrawals will open within three hours of this notice’s release. The network ed for the trading is BASE.

As is the norm, Bithumb will enforce specific trading restrictions for a stable trading environment. Thus, buying orders are restricted for the first five minutes after trading begins. For the first five minutes, selling orders are limited to a price range between -10% and +100% of the base price. And lastly, automatic transactions will be allowed only after the initial transaction.

Bithumb has issued a warning that refunds for incorrect deposits may experience significant delays and that traders must the address system and network details carefully when making deposits. 

Bithumb Listing Effect:  AI Crypto VIRTUAL Rises

Hours after the listing announcement, $VIRTUAL rose to 39.15% and currently is trading at $1.233. The 24 hour market cap for the this AI crypto has also gone up by 97.49%, to $160.92 million. The project’s popularity is evident from its market cap, which has surged to a staggering $1.24 billion after a 40.48% increase.

 

Courtesy: Coinmarketcap

Virtual Protocol focuses on creating a shared ownership infrastructure for AI agents within the gaming and entertainment sectors. Through Virtual, s can develop AI-based agents and participate in revenue generated by virtual influencers.

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Ritu Lavania
Written by Ritu Lavania

Ritu Lavania is a versatile Web3 content creator with over three years of experience in the crypto space. She is part of the team at CryptoNewsZ, where she writes insightful and engaging content. She has also contributed to TheCryptoTimes and The Coin Edition, where her work has been well received by the crypto community. Skilled in research, creative writing, SEO, and cross-functional collaboration, she creates content tailored to diverse audiences. ionate about education, she dedicates time to teaching kids and expressing herself through poetry. Always eager to learn, she continuously explores new trends in blockchain and digital assets. She believes in the power of storytelling to make complex crypto topics more accessible and engaging for readers worldwide.