Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
Korean traders have taken a liking to the CYBER token, resulting in a 150% increase over the past week. The CYBER token price has risen to around $14.7 on Upbit, compared to $9.3 on Binance. According to reports, the current annualized funding rate of CYBER U-based contracts is now above -500% on major exchanges, with Binance`s rate being the lowest at -662%. While it remains to be seen if this trend will continue, the recent surge in demand highlights the growing popularity of the CYBER token among traders in Korea and beyond.