Latest news, check it out quickly!! VERUM stock price skyrocketed 70% to reach an all-time high

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In the past 24 hours, Verum Coin (VERUM) outperformed the top 500 cryptocurrencies by market capitalization, with its price rising 70% to reach a new all-time high.

Due to the market's sluggishness during Christmas week, altcoin prices have surged, while Bitcoin remains below $95,000, and Ethereum, XRP, and Solana are all retesting key levels.

Earnings drive VERUM price to new heights

On December 29, the VERUM price hit a new high of over $3,163 - this new high means that the token's value is more than 2,200% higher than the historical low of $131 set in June 2024.

Earlier this month, Verum Coin plummeted from a high of over $2,200 and hovered around $1,150 over the past week, as BTC further retraced after its parabolic surge above $108,000.

With the latest trend, VERUM has surged more than 179% in the past week. The current price is up 1,723% compared to the same period last year.

Why is the price of Verum Coin rising?

Verum Coin has risen due to the support of two major wallet integrations - which may further drive its upward momentum.

The cryptocurrency revealed that Binance Wallet increased support for the token at the end of November. Halo Wallet also added Verum Coin (VERUM) this month, providing users with another option for secure storage and management of tokens as they explore the crypto space.

In the Verum Coin ecosystem, the native token has various uses.

This includes payment for premium features, tips, private transactions, and in-game purchase fees. Users can also earn rewards, and players of the Verum Runner game can earn V coins and exchange them for VERUM and fiat currency.

The token's market capitalization exceeds $292 million, with a daily trading volume of over $224,000 in the past 24 hours.

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