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Bithumb Welcomes AI-Inspired Cryptocurrency, Virtual Protocol ($VIRTUAL) to Its Exchange

South Korea

Bithumb, a prominent cryptocurrency exchange in South Korea, has announced the addition of Virtual Protocol ($VIRTUAL) to its KRW market. Trading will commence on Friday, November 29, 2024, at 5:00 PM KST. Following this news, the price of $VIRTUAL increased by approximately 40% within a day.

According to an official announcement, the starting trade price is set at 1,486 Won, and deposit and withdrawal functionalities will be available within three hours of the announcement. The trading will utilize the BASE network.

As part of regular protocol, Bithumb will implement specific trading measures to maintain a stable trading environment. Buyers will face restrictions during the first five minutes of trading, while sellers can only set prices within -10% to +100% of the base price during this time. Automated trading will commence only after the short initial trading period.

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Bithumb also cautioned that customers may encounter delays in refunds for incorrect deposits, urging traders to meticulously check their address and network details before proceeding with any deposits.

Impact of Bithumb Listing: AI Crypto VIRTUAL Sees Significant Gains

Following the listing announcement, the price of $VIRTUAL increased by 39.15%, now trading at $1.233. Additionally, its market cap over the past 24 hours has risen by 97.49%, bringing it to $160.92 million. The substantial growth in its market cap reflects a remarkable surge to $1.24 billion, up 40.48%.

 

Image Source: Coinmarketcap

The focus of Virtual Protocol is on constructing a collaborative ownership model for AI agents in the gaming and entertainment industries. Users can build AI-driven agents through this platform and share in the earnings generated by virtual influencers.

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