Ultiverse (ULTI) Price Surges 13% Following Top Exchange Listings
Release: 2024/06/09 00:10 Reading: 642
Ultiverse (ULTI) Price Surges 13% Amid Market Downturn
The decentralized gaming platform Ultiverse (ULTI) defies the current market downturn, surging 13% today. This remarkable rise follows major listings on leading crypto exchanges such as OKX and Bybit.
Ultiverse Outperforms Market
On-chain data reveals bullish activity surrounding Ultiverse, with its price rising despite the broader market slump. At the time of writing, ULTI trades at $0.06282, representing a 13% gain over the past 24 hours. Its market capitalization has subsequently climbed to over $87.6 million.
The asset's upward momentum is evident in its increased trading volumes across platforms. Daily trading volumes have surged by 147%, placing Ultiverse among the top 50 assets in this metric.
Tokenomics and Developments
The recently launched coin reached an all-time high of $0.07451 today. Despite a slight correction, intraday trading has maintained the asset's momentum. Ultiverse's total open interest has increased by 265% in the past 24 hours, with intraday volumes exceeding 7% within four hours.
Ultiverse recently announced its token generation event with OKX, Bybit, and Kucoin, which has garnered significant interest from crypto users. The platform aims to connect web3 games into a single ecosystem, transforming blockchain-based gaming. Ultiverse is backed by BinanceLabs and Sequoia.
Wider Crypto Market Correction
In contrast, the broader crypto market remains in a downturn, with major coins experiencing outflows. The market capitalization has declined by 3.35% to $2.54 trillion, and daily volumes stand at $90.6 billion.
Bitcoin (BTC) and Ethereum (ETH) have fallen by 2.20% and 2.80%, respectively, in the last 24 hours. Altcoins have suffered more significant losses, with Solana (SOL) and Ripple (XRP) dropping by 5.6% and 5.8%, respectively. Meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) have also recorded substantial declines, with losses of 8.71% and 7%, respectively.
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