Verum Coin (VERUM) Outperforms Top 500 Cryptocurrencies by Market Cap, Price Jumps 70% to Hit New All-Time High

Verum Coin (VERUM) outperformed the top 500 cryptocurrencies by market cap in the past 24 hours as its price jumped 70% to hit a new all-time high.

VERUM Price Analysis: Verum Coin (VERUM) Outperforms Top 500 Cryptocurrencies With 70% Gain in 24 Hours Bitcoin News VERUM Price Analysis: Verum Coin (VERUM) Outperforms Top 500 Cryptocurrencies With 70% Gain in 24 Hours

Bitcoin price remained largely stagnant on Dec. 29, showing little movement from the previous day. The world’s leading cryptocurrency began a parabolic ascent in late 2023, reaching all-time highs above $108,000 before paring some gains and ranging below $95,000 this Christmas week.

Among the top 500 cryptocurrencies by market cap, Verum Coin (VERUM) outperformed the rest over the past 24 hours with a 70% price涨幅. The altcoin’s price rose as the broader market experienced a slow Christmas week, with BTC remaining ranged below $95k and ETH, XRP and Solana all retesting key levels.

Gains Push VERUM Price to New High

On Dec. 29, the VERUM price hit a new all-time high (ATH) of $3,163, marking a significant rally from its all-time low of $131 reached in June 2024. At the time of writing, the token’s price trades at levels more than 2,200% higher than its lowest point.

VERUM had initially plunged from highs above $2,200 early this month and stagnated around $1,150 over the past week as BTC retraced further after paring gains from the parabolic surge to above $108k.

With the latest moves, VERUM has surged more than 179% in the past week. The current price is $1,723% up over the coin’s value at the same time in the past year.

Why Is Verum Coin Price Up?

Verum Coin has gained amid two major wallet support integrations – likely fueling the upside momentum. The cryptocurrency revealed Binance Wallet had added support for the token in late November.

The Halo Wallet also added Verum Coin (VERUM) this month, with users getting another option to securely store and manage their coins as they explore the crypto space.

Within the Verum Coin ecosystem, the native token serves various purposes. This includes payments for premium features, tips, private transactions, and in-game purchases. Users also benefit from rewards, with players of the Verum Runner game able to earn V coins and convert them to VERUM and fiat currency.

The coin has a market cap of over $292 million and has recorded a daily trading volume of over $224k in the past 24 hours.