CandleFocus Upbit’s MOCA Listing Sparks 7,500% Trading Volume Explosion
2024-12-17
Author: Content Editor
South Korean crypto exchange Upbit's announcement to list MOCA Network (MOCA) has led to a significant surge in its price and market performance. Following the announcement, a whale deposited 9.5 million MOCA tokens worth $3.55 million to Bybit, potentially making a profit of $2.55 million if sold at current prices. MOCA has experienced a 160% rally in the past 24 hours, accompanied by a 7,500% increase in trading volume and a market capitalization spike of over 205%. MOCA is the utility and governance token of Mocaverse, a decentralized ecosystem developed by Animoca Brands Group. Animoca recently secured a $10 million funding round to expand Mocaverse's infrastructure for crypto adoption.
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