News

Upbit Acquires 3.6M CYBER Tokens, Surging Price By 130% Since August 22nd

Key Points:

  • Upbit now holds the largest amount of CYBER tokens, with 3.6 million acquired since August 22nd, representing 33% of circulating supply.
  • CYBER token briefly crossed $9.2 today with a 127% gain over the last 7 days.
Upbit becomes the largest holder of CYBER tokens, acquiring 3.6M (33% of circulating supply) since August 22nd. CYBER price surges by 130%.

Upbit has recently become the largest holder of CYBER tokens, which are part of the Web3 social graph protocol. Since the August 22nd list, Upbit has acquired 3.6 million CYBER, accounting for 33% of the token’s circulating supply. This is more than Binance’s 2.47 million.

On August 22nd, Upbit announced its plans to introduce CYBER to its BTC market, offering immediate CYBER deposit support in just three hours, exclusively from the Ethereum network. This has resulted in significant traction gained by CyberConnect’s CYBER price, which achieved an increase of over 85% in just 24 hours on August 29th.

As of this writing, the CYBER token, which is the Web3 social graph protocol, briefly crossed $9.2 today and it is now trading at around $9 with a 127% gain over the last 7 days.

Source: CoinMarketCap

On August 30th, DWF Labs demonstrated its strategic prowess by increasing its CYBER token holdings by 170,000 units over the past week, executed at an average price of $4.5 per token, amounting to a $765,000 investment. Presently, DWF Labs continues to hold these tokens, with their value surging to approximately $1.26 million.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.

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