According to the data, South Korean cryptocurrency traders focused on the CyberConnect (CYBER) altcoin, which has been talked about with the rises it has been experiencing for a while.
While the price of the token is traded at around $10 on Binance, at the time of writing this article, it is traded at $14 on Upbit, South Korea’s largest cryptocurrency exchange, and approximately $15 on Bithumb, also a South Korean stock exchange.
The current annual funding rate of CYBER U-based contracts is over -500% on major exchanges and -662% on Binance.
Thus, CYBER broke the all-time high price record on these exchanges. The all-time high price record for the token on other major exchanges is $10.36.
Graph showing the recent rise in CYBER price.
CYBER was recently launched via a Launchpool on Binance and almost doubled its price last week. The altcoin has a maximum supply of 100 million units, of which 11 million are in circulation.
*This is not investment advice.