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Highlights:
- The VRA crypto's price surge could be due to the Twitter announcement by Verasity.
- Verasity (VRA) crypto is listed on cryptocurrency exchanges like Huobi Global, KuCoin, Gate.io, OKX, and BingX.
- The VRA crypto has returned 442.8 per cent since the past year, and its all-time high is US$ 0.08683 per token.
The price of Verasity (VRA) crypto surged 10.3 per cent on Tuesday, March 8, and was trading at US$ 0.02141 per token at the time of drafting.
The VRA crypto's one-day volume registered a growth of 96 per cent over the last day and reached US$ 85.6 million at 7:30 AM EST. The price and volume surge indicates that crypto investors are paying attention to digital currency.
The cryptocurrency market appears to be bouncing back from the crash caused by the ongoing war between Russia and Ukraine.
What is Verasity crypto?
As per the official website, Verasity is a platform to enhance the engagement and monetize the content of video publishers. It was started in 2018, and Verasity claims to create a fair earnings system for creators and advertisers.
The platform has a proof-of-value protocol, and Verasity's pro-gaming streaming platforms features esports tournaments. VRA is the native token of the platform, and it can be used to reward users for watching, winning, and subscribing.
According to the protocol's whitepaper, Verasity is growing rapidly across esports, video, and advertising sectors. Also, it has received a US patent for developing a technology to eliminate advertisement fraud.
Also Read: Why Waves (WAVES) crypto rallied around 100% in a month?
The VRA crypto's price surge could be due to the Twitter announcement by Verasity in which it wrote that Bithumb, one of the largest digital assets platforms, has terminated its investment warning for VRA crypto on March 8.
According to CoinMarketCap data, Verasity's watch and earn software development kit (SDK) is being integrated by at least 2 million content creators, each of which has a total website audience of 550 million views per month.
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Verasity rewards viewers for holding the VRA crypto, which could encourage them. Also, rewarding viewers may increase demand for VRA across many enterprises and individual users.
Bottom line
The VRA crypto has returned 442.8 per cent since the past year, and its all-time high was US$ 0.08683 per token on November 1, 2021. Meanwhile, the all-time low was US$ 0.000217 apiece on May 17, 2019.
Verasity (VRA) crypto is listed on cryptocurrency exchanges like Huobi Global, KuCoin, Gate.io, OKX, and BingX. It is important to note that digital currencies are highly volatile, and proper evaluation is required before investing.
Also Read: Why did Star Wars Cat (SWCAT) crypto soar over 2600%? Is it a scam?
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