The largest cryptocurrency exchange in South Korea, UPBIT, has officially listed the virtual (virtual) protocol, marking significant development in the Token AI ecosystem.
The exchange launched the commercial support for the virtual route .CWP-Coin-Chart Svg Svg {Stroke-Width: 0.65! Important; }
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On January 31, allowing users to exchange the token in WON (KRW), Bitcoin (BTC) and Tether (USDT) markets.
But this list also raises questions about why Coinbase has not listed virtual, opting for VVV, a currency launched only a few days ago and has already dropped 80% of its ATH.
This list is a remarkable impulse for the virtual protocol, a project focused on the co -ownership of AI agents. The network operates in the base base and has recently expanded its reach to Solana.
Virtual prices analysis: How is the ia top ai agent crypto be configured after the Korean exchange list?
After the announcement of UPBIT, the virtual price saw an immediate increase, rising almost 20% of $ 2.04 to $ 2.44 before retracting slightly, currently at $ 2.17. Virtual is in a market capitalization of $ 1.4 billion and a negotiation volume exceeding $ 650 million in the last 24 hours.
Ai tokens rebound after a drop -induced fall
The Token sector of IA has been in recovery mode since the Deepseek recession, which led to a strong decrease through the ecosystem. The virtual protocol had previously reached a historical maximum of $ 5.07 on January 2, but since then it has lost more than half of its value.
The UPBIT list has injected new optimism into the project, providing a renewed exhibition to South Korean merchants known for their enthusiasm for the Altcoins.
The UPBIT movement makes it the second important exchange of South Korea to support virtual, after the Bithumb list in November 2024. The exchange implemented commercial restrictions at the launch, including a five -minute purchase restriction and a limitation one hour in the types of orders.
GM to a typical Upbit listing candle.#VIRTUAL pic.twitter.com/jn2pswh5lu
– Finn (@finn__crypto) January 31, 2025
Disappointment by Coinbase’s decision not to enumerate virtual
Despite the growing traction of the virtual protocol, Coinbase has not yet listed virtual, causing frustration within the cryptographic community.
Many merchants have expressed their disappointment, especially after Coinbase chose to list tokens less known as $ VVV. There is a widely shared feeling of frustration for these listings and the criteria that follow. VVV has currently dropped 80% since the day of launch. It is not a good look for coinbase.
How could they list? $ VVV and not $ virtual
This makes no sense even as an objective neutral part
– Lai yuen (ex .Eth) (@0xlaiyuen) January 28, 2025
As the AI sector evolves, the Virtual List in Upbit points out the potential recovery for AI tokens. With the increase in institutional and retail interest, the virtual protocol may be ready for its next important movement.
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