The Altcoin of the Exchange That Signed with Italian Giant Juventus Soared by 30%!
The token of the cryptocurrency exchange WhiteBIT, WBT, rose by over 30% following its sponsorship agreement with the Italian football giant Juventus.
WhiteBIT, one of the leading platforms in the crypto sector, stirred up the markets with a remarkable partnership announcement. The three-year sponsorship agreement with the world-famous Italian football club Juventus has made WhiteBIT the official cryptocurrency exchange and official sleeve sponsor of Juventus. This development triggered a significant increase in the WBT token price in a short period.
According to the agreement, starting from the FIFA Club World Cup to be held in 2025, the WhiteBIT logo will be placed on the right sleeve of the Juventus Men's Football Team's jerseys. The exchange described this partnership as a strategic move focused on digital innovation and fan engagement.
Rapid rise after the agreement
WhiteBIT’s own token WhiteBIT Coin (WBT) gained over 30% in value in the last 24 hours following the sponsorship announcement with Juventus. This increase clearly indicates that the exchange's collaboration with Juventus has been positively received by investors.
Additionally, the stablecoin giant Tether, which has recently increased its stake in Juventus to over 10%, has also strengthened its ties with the club, indicating that Juventus is deepening its relationships within the crypto ecosystem. Juventus's increasing crypto connections are seen as a strong indicator that collaborations between the sports and crypto worlds will continue to grow.
