The KYVE Network has experienced a significant surge of 340% in the last 24 hours, reaching a high of $0.57877 before dropping to $0.03183. Over the past week, KYVE has seen a 220% increase. This surge occurred amidst a market downturn, with the global crypto market cap decreasing by 2.5%. The surge in KYVE's price may be attributed to the release of their beta testing phase 2. Another token, UDS, has also experienced a surge of 190% with no clear explanation for the increase. Bitcoin, on the other hand, has seen a reversal in its upward trend in the last 24 hours after briefly surpassing $72,000.



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