CYBER Token Soars 63% After Upbit Listing and $653 Million Unlock Event Announcement

CYBERUSDT experienced a significant price surge in the last 24 hours, primarily driven by the announcement of its listing on Upbit with KRW and USDT trading pairs on August 12, 2024. This development increased market accessibility and liquidity, leading to heightened trading activity and a rapid price increase. Additional momentum was generated by anticipation of the upcoming CYBER token unlock event scheduled for August 14-16, 2024, which will release over 5 million tokens and is part of a broader $653 million unlock across major projects.

Currently, CYBERUSDT is trading at $3.004 on Binance, reflecting a 63.35% increase from the 24-hour open of $1.839, with trading volume reaching $1.07 billion and market capitalization estimated between $82.6 million and $139.76 million. The market has shown extreme volatility, with prices fluctuating widely across exchanges and trading ranges, and technical indicators suggest continued rapid shifts in sentiment and momentum.