VIC Token Drops 9% After Exchange Funding Rate Changes, Yet Maintains Strong Market Interest

VICUSDT, the native token of the Viction network, experienced a 9.05% decline over the past 24 hours, with the price falling from 0.3314 USDT to 0.3014 USDT according to Binance data. This price drop follows recent adjustments by major exchanges Bybit and Bitget, which changed the funding rate intervals for VICUSDT perpetual contracts from every four hours to every hour on July 7, 2025. Such changes can impact trader behavior and short-term volatility, potentially contributing to the observed price decrease. Despite the recent downturn, VICUSDT has shown significant upward momentum over the past week and month, with high trading volumes reported, indicating continued market interest. The Viction network’s ongoing developments, including its zero-gas transaction focus and recent ecosystem initiatives, remain key factors in its broader market performance.