Hold onto your hats, crypto enthusiasts, because Upbit's latest move has set the blockchain buzzing! The South Korean crypto exchange powerhouse decided to list MOCA Network (MOCA), and boy, did it send shockwaves through the market!
Picture this: as soon as Upbit dropped the news, a mysterious whale—likely a savvy investor—made waves by moving a whopping 9.5 million MOCA tokens over to Bybit. That's not just pocket change; we're talking about a cool $3.55 million worth of MOCA on the move. If this whale cashes in, they're looking at a jaw-dropping $2.55 million profit. Talk about riding the crypto wave!
In just 24 hours, MOCA skyrocketed with a jaw-dropping 160% rally, soaring to $0.426 before chilling out a bit near $0.22. And the excitement didn't stop there—trading volume exploded by a staggering 7,500%, hitting $1.32 billion. Meanwhile, MOCA’s market cap saw a meteoric rise of over 205%, now sitting pretty at $341.61 million.
Upbit's got everyone talking with their introduction of Korean Won, Bitcoin (BTC), and USDT trading pairs for MOCA. But what exactly is this MOCA, you ask? It's the heart and soul of Mocaverse, a decentralized ecosystem that's the pride and joy of Animoca Brands Group, a big player in the Web3 space.
But wait, there's more! Animoca Brands just announced a hefty $10 million funding round for Mocaverse, backed by some heavy hitters like OKX Ventures, CMCC Global, and HongShan. This cash injection is all about supercharging Mocaverse’s infrastructure and getting more folks on board the crypto train.
And if you thought that was impressive, check out MOCA’s fully diluted valuation: a cool $1 billion. Animoca is on a mission to build the Realm Network, pushing the boundaries of Web3 interoperability and digital property rights. Mocaverse is growing like wildfire, with initiatives like the Moca ID already registering over 1.79 million IDs. They've also teamed up with big names like Pixels, Trust Wallet, and OKX Wallet. The future's looking bright with plans to join forces with the TON Foundation and Anime Foundation, aiming to welcome millions into the Moca Network.
So, if you're not paying attention to MOCA yet, now's the time to dive in and catch the wave of excitement sweeping the crypto world!
