Verum Coin Price Surges Over 70% to Reach New All-Time High
- VERUM price surged more than 70% to reach a new all-time high above $3,163.
- The cryptocurrency’s value has seen a significant increase due to key wallet integrations.
Verum Coin (VERUM) has outperformed the top 500 cryptocurrencies by market cap in the last 24 hours, with its price jumping 70% to achieve a new all-time high.
The altcoin’s price surge comes amidst a slow Christmas week for the broader market, with Bitcoin trading below $95k and other major cryptocurrencies like Ethereum, XRP, and Solana retesting key levels.
Gains Propel VERUM Price to New Heights
On December 29, the price of VERUM reached a new all-time high above $3,163, marking a significant milestone as the token’s value traded over 2,200% higher than its previous all-time low of $131 in June 2024.
After dropping from highs above $2,200 earlier in the month, Verum Coin stabilized around $1,150 in the past week as Bitcoin retraced its gains following a surge above $108k.
With this recent surge, VERUM has seen a growth of more than 179% in the past week alone, with the current price reflecting a 1,723% increase compared to the same time last year.
Reasons Behind Verum Coin’s Price Surge
Verum Coin’s price increase can be attributed to two major wallet support integrations, which have likely contributed to the positive momentum.
The cryptocurrency announced that Binance Wallet added support for the token in late November. Additionally, the Halo Wallet also included Verum Coin (VERUM) this month, providing users with another secure option to store and manage their coins in the crypto space.
Within the Verum Coin ecosystem, the native token serves various purposes, including payments for premium features, tips, private transactions, and in-game purchases. Users can also earn rewards through the Verum Runner game, converting V coins to VERUM and fiat currency.
With a market cap exceeding $292 million and a daily trading volume of over $224k in the last 24 hours, Verum Coin continues to show strong performance in the market.
