VIC Token Soars 24% to $0.3456 Amid Surging Volume and Hourly Funding Rate Shifts

VICUSDT experienced a significant price increase in the last 24 hours, rising 24.09% to $0.3456 on Binance. This surge is attributed to heightened market interest following an 81% price rally earlier in the week and a sharp increase in trading volume, driven by technical bullish signals and procedural changes to perpetual contract funding rates on major exchanges. Adjustments by platforms such as Bybit, KuCoin, and Phemex, shifting funding rate settlements to every hour, were implemented to better align futures prices with spot prices amid heightened volatility, impacting trader costs and contributing to increased trading activity.

Currently, VICUSDT trades at $0.3456 with a 24-hour open of $0.2785 and substantial trading volumes reported across major exchanges, reflecting strong market participation and ongoing volatility.