Bithumb Lists AI Crypto, Virtual Protocol ($VIRTUAL)
South Korea’s leading crypto exchange Bithumb, announced today the listing of Virtual Protocol ($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.
🚀 버추얼 프로토콜(#VIRTUAL) 원화 마켓 추가 안내
New Listing : $VIRTUALwill be added to the KRW market today.For more details 👉 https://t.co/iO5BfnVbKa#bithumb #Listing #KRWmarket #VirtualsProtocol @virtuals_io pic.twitter.com/0CP3BR01KE
— Bithumb (@BithumbOfficial) November 29, 2024
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 supported 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.
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Bithumb has issued a warning that refunds for incorrect deposits may experience significant delays and that traders must verify 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, users can develop AI-based agents and participate in revenue generated by virtual influencers.