VERUM hits new all-time high amid 70% spike

• VERUM price jumped more than 70% to hit a new all-time high above $3,163.
• The cryptocurrency’s value has increased amid key wallet integrations.

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.

The altcoin ’s price rose as the broader market experienced a slow Christmas week, with Bitcoin remaining ranged below $95k and Ethereum, XRP and Solana all retesting key levels.

Gains push VERUM price to new high

On Dec. 29, VERUM price hit a new all-time high above $3,163 – a new ATH that meant the token’s value traded at levels over 2,200% higher than its all-time low of $131 reached in June 2024.

Verum Coin had initially plummeted 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.