Upbit Lists CYBER

CYBER serves as the utility and governance token of its own chain. It features a multi-chain structure using LayerZero’s OFT token standard for cross-chain interoperability. The Cyber network aims to enhance crypto engagement by integrating social dynamics and artificial intelligence (AI) tools. Built on OP Stack, this Layer 2 blockchain accelerates ecosystem growth with EVM-based applications and modular development.

Already Listed on Multiple Exchanges

CYBER was already available for trading on Binance, Bitget, MEXC, and South Korea’s leading exchange Bithumb. However, being listed on market leader Upbit significantly boosted investor interest.

Price and Market Cap Surge

The market cap jumped 81.23% in the past 24 hours, reaching $158.54 million. CYBER skyrocketed from $1.83 to $5.34, marking an impressive ~200% rally. At the time of writing, the price was hovering around $3.41.

This listing highlights both the influence of the South Korean market on crypto and the strong impact that exchange announcements can have on altcoin prices.

This content does not constitute investment advice. Cryptocurrency markets carry high risk, and you should always conduct your own research before making any investment decisions.

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The post Why is CYBER Rising? Nearly 200% Surge! appeared first on Coin Engineer.