Amidst the broader cryptocurrency market rise, VeThor (VTHO) token has garnered attention due to its impressive 280% increase in just 24 hours.
Overview of VTHO Price Surge
VTHO significantly rose in price, reaching $0.012, a high not seen since 2021. The token jumped by 287.81% in just 24 hours, achieving its highest value in four years.
Impact of Upbit Listing
The major driver for VTHO's price surge was its addition to Upbit, South Korea's largest crypto exchange. This listing caused a significant inflow of trading volume, with $1.9 billion originating from this platform, strongly influencing the token's value.
Market and Future of VeThor
Currently, VTHO is trading at $0.00833 with a market capitalization of $711 million. Its 24-hour trading volume reached $2.91 billion, representing a dramatic 78,121% increase in trading volume. This trend may help VTHO break into the top 100 cryptocurrencies if it persists.
The sharp increase in VTHO's price following its listing on Upbit underscores the importance of strategic listing approaches for cryptocurrency tokens and their future development. VTHO's successful start sparks interest in its future path.
