Is Casper (CSPR) crypto rising on KuCoin listing news?

The Casper (CSPR) token gained 20% on Monday after announcing its listing on the KuCoin crypto exchange. Its volume also rose over 202% in the last 24 hours to Monday morning.

Let's learn more about Casper crypto.

What is Casper (CSPR) crypto?

Casper is the first live proof-of-stake (PoS) blockchain created off the Casper CBC specification.

It is designed for smart contracts and decentralized applications (DApps). It seeks to regularly upgrade itself to meet users’ needs besides making it widely accessible for developers.

Its whitepaper further notes that demand for intuitive and interconnected solutions is growing continuously globally; hence, the platform is designed to meet the needs of both enterprises and developers in the Web3 space. The blockchain provides enterprise-grade security, scalability, and decentralization solutions.

The project was co-founded by Medha Parlikar and Mrinal Manohar, and its mainnet was launched on March 30, 2021. The CSPR token can be traded on crypto exchanges like OKEx, Huobi Global, Gate.io, etc.

The token gained attention after its KuCoin listing. KuCoin said the CSPR token deposit is now open, but trading will start at 10 am UTC on June 29. KuCoin also plans to organize an AMA session with Casper Network at 12 pm UTC on June 28, with an opportunity to win US$1000 worth of tokens in prizes.

Data Source: CoinMarketCap.com

Bottom line:

The CSPR token was priced at US$0.03634 at 9:27 am ET on June 27, up 20.06%, while its volume for the trailing 24 hours rose 202.15% to US$8.03 million. It has a market cap of US$188.04 million, and its fully-diluted market cap is US$375.89 million.

The token has a total supply of 10.96 billion, and its current circulating supply is around 5.17 billion. It returned gains of 43.7% in the last seven days.

The highest and lowest price of the CSPR crypto in the last 30 days was US$0.03974 and US$0.02235, respectively.

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