ALT Token Soars 34.77% After Upbit Listing, Trading Volume Surges Amid Bullish Altcoin Market

ALTUSDT (Altlayer) experienced a significant price increase of 34.77% over the past 24 hours, rising from an open of $0.02511 to a current price of $0.03384 on Binance. This surge is primarily attributed to the June 16, 2025, listing announcement and the start of trading on Upbit, which triggered a sharp rise in trading volume and renewed market interest, briefly pushing the price above $0.05 and resulting in a rapid 100% spike within 15 minutes. The broader altcoin market also remains strong, supported by increased institutional demand, new project launches, and a shift in investor focus from Bitcoin to altcoins. Trading activity for ALT has been notably high following its exchange debut, reflecting heightened volatility and attention within the current bullish altcoin environment.