Ultiverse (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
- Rising Demand for Verifiable Crypto Ownership Drives Launch of Trezor Safe 7
- Robinhood Lists Binance Coin as BNB Outperforms BTC, ETH, SOL YTD By Over 30%
- Bitget Partners With Google Developer Group On Hackathon To Support AI Innovation
- Can Cardano Save Kadena? Hoskinson Reaches Out After KDA Token Plunges 60% Amid Shutdown
- Analyst Turn Bullish with $400 SOL Target as Hong Kong Approves First-Ever Solana ETF in Asia
- XRP Price Classical Pattern Points to a Rebound as XRPR ETF Hits $100M Milestone
- Chainlink Price Eyes $27 Rebound as Whales Accumulate 54M LINK
- Pi Network Price Wedge Signals a Rebound as Key Upgrades Raise Utility Hopes
- Solana Price Eyes $240 Recovery as Gemini Launches SOL-Reward Credit Card
- XRP Price Prediction Amid Evernorth’s $1B XRP Treasury Plan – Can XRP Hit $5?
- Ethereum Price Targets $8K Amid John Bollinger’s ‘W’ Bottom Signal and VanEck Staked ETF Filing
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.
