Ultiverse (ULTI) Price Rises 13% Following Top Exchange Listings
Decentralized gaming platform Ultiverse (ULTI) is up 13% today amid a broader market crash. The asset’s sharp rise follows major listings on leading crypto exchanges such as OKX and Bybit. While the digital asset was bleeding, upside ULTI trading attracted the attention of the community.
Final Price Outperforms Market
On-chain data shows an upward trend, with users seeing a higher price after Ultiverse was listed on major platforms. At press time, MULTIPLE It is trading at $0.06282, up 13% in the last 24 hours. This price rise increased its market value to over $87.6 million. The asset’s uphill momentum can be seen in increasing volumes across multiple platforms. Daily trading volumes increased by 147%, placing it among the top 50 assets in the metric.
The newly launched cryptocurrency reached an all-time high of $0.07451 today and although a slight correction was observed, intraday trading has put the asset in the driver’s seat. Final total open interest increased by 265% in the last 24 hours, and intraday volumes rose over 7% in four hours.
Two days ago, Ultiverse announced its token creation event, which listed OKX, Bybit, and KuCoin as assets. OKX also announced that it would stake ETH for my ULTI, which was a move to the detriment of crypto users. Designed to connect Web3 games into a single ecosystem, the platform aims to reshape blockchain-based games. Ultiverse is powered by BinanceLabs and Sequoia.
Crypto Market Sees Red
The broader crypto market is still in the red zone, with top coins recording outflows. Market capitalization fell 3.35% to $2.54 trillion, while daily volumes were $90.6 billion. Bitcoin (BTC) and Ethereum (ETH) experienced losses of 2.20% and 2.80% in the last 24 hours, while other altcoins showed higher losses.
solana (SOL) and ripple (XRP) traded at $160 and $0.494, respectively, down 5.6% and 5.8%. Top meme coins also recorded major losses; dogecoin (DOGE) and Shiba Inu (SHIB) lost 8.71% and 7% respectively.
So read: VanEck Exec Announces Next Move in Spot Ethereum ETF S-1 Approval by SEC
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David is a financial news writer with 4 years of experience in Blockchain Technology and Cryptocurrencies. He is interested in learning about emerging technologies and has a talent for keeping up with breaking news. Staying on top of trends, David is knowledgeable about regulations, partnerships, crypto assets, stocks, NFTs, etc. He reported in various fields such as. Away from the financial markets, David cycles and rides horses.
The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. Neither the author nor the publication accepts any liability for your personal financial loss.
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