NewsletterUltiverse (ULTI) Price Surges 13% Following Top Exchange Listings
Highlights
- Ultiverse price rallied 13% today as bullish activity mounts.
- Daily trading volumes hit 247% following listing from top exchanges.
- This comes amid the fall in top crypto prices ushering in a bearish outlook.
Decentralized gaming platform Ultiverse (ULTI) is up 13% today amid the wider market slump. The asset’s sharp rise comes after major listings from top crypto exchanges like OKX and Bybit. As the digital asset bleeds, ULTI trading in the opposite direction has caught the attention of the community.
Ultiverse Price Outpaces Market
On-chain data shows bullish activity around Ultiverse following its listing in major platforms as users set sight on a higher price. At press time, ULTI trades at $0.06282, a 13% jump in the last 24 hours. This price rally drove up its market cap above $87.6 million. The uphill momentum of the asset can be seen in its surging volumes across multiple platforms. Daily trading volumes are up 147% placing it among the top 50 assets on the metric.
The newly launched coin hit an all-time high of $0.07451 today and although a slight correction was observed, intraday trading placed the asset in the driving seat. Ultiverse total open interest is up 265% in the past 24 hours with intraday volumes hitting over 7% in four hours.
Two days ago, Ultiverse announced its token generation event with OKX, Bybit, and Kucoin listing the asset. OKX also announced a staking for ETH for mine ULTI, a move that ignited wider crypto users. Designed to connect web3 games into a single ecosystem, the platform seeks to reshape blockchain-based games. Ultiverse is backed by BinanceLabs and Sequoia.
Crypto Market Sees Red
The wider crypto market is still in the red zone with outflows recorded by top coins. The market capitalization fell 3.35% to $2.54 trillion while daily volumes were at $90.6 billion. Bitcoin (BTC) and Ethereum (ETH) are down 2.20% and 2.80% in the last 24 hours while other altcoins showed higher losses.
Solana (SOL) and Ripple (XRP) plummeted 5.6% and 5.8% trading at $160 and $0.494 respectively. Top meme coins also posted huge losses with Dogecoin (DOGE) and Shiba Inu (SHIB) recording 8.71% and 7% losses respectively.
Also Read: VanEck Exec Reveals Next Move In Spot Ethereum ETF S-1 Approval By SEC
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Crypto Lawyer Bill Morgan Praises Ripple’s Multi-Chain Strategy as RLUSD Hits $1.1B
- Michael Saylor Teases New Bitcoin Buy As ‘Orange Dots’ Return
- December Recovery Ahead? Coinbase Outlines Why Crypto Market May Rebound
- Peter Brandt Hints at Further Downside for Bitcoin After Brief Rebound
- $1.3T BPCE To Roll Out Bitcoin, Ethereum and Solana Trading For Clients
- Ethereum Price Holds $3,000 as Bitmine Scoops Up $199M in ETH; What Next?
- Solana Price Outlook Strengthens as Spot ETFs See $15.68M in Fresh Inflows
- Dogecoin Price Gears Up for a $0.20 Breakout as Inverse H&S Takes Shape
- Bitcoin Price Forecast as BlackRock Sends $125M in BTC to Coinbase — Is a Crash Inevitable?
- XRP Price Prediction As Spot ETF Inflows Near $1 Billion: What’s Next?
- Solana Price Outlook: Reversal at Key Support Could Lead to $150 Target
