Bybit Lists Metaverse Coin: ERTHA | 40% Price Surge

MetaversePlanet February 28, 2022Last Updated: August 14, 2024

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Ertha, a new Metaverse game featuring advanced economic and gameplay designs, has announced that the ERTHA token is now listed on Bybit, the leading cryptocurrency trading platform in its spot segment.

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ERTHA/USDT pair now available on Bybit

Bybit Lists Metaverse Coin: ERTHA | 40% Price Surge

According to the official announcement shared on the Ertha Metaverse team’s Twitter account, the listing of the ERTHA token on Bybit represents a significant milestone for the project. Following the listing, ERTHA trading is now available against the US Dollar Tether (USDT), the largest USD-pegged stablecoin. Immediately after listing, the value of ERTHA against USDT increased from $0.08 to $0.1154, marking a gain of approximately 40 percent.

The announcement also mentioned that Bybit will introduce a staking program for all ERTHA token holders. While specific details about the staking program are yet to be revealed, Ertha suggested the possibility of an attractive Annual Percentage Yield (APY) of 40 percent for the initial 19 days of the staking initiative.

Bybit is widely recognized as one of the most popular cryptocurrency exchanges in the futures and derivatives segment. It supports Initial Exchange Offering (IEO) token sales and expanded its services to include NFT and DeFi modules in 2021.

Ertha describes itself as the leading metaverse ecosystem

The Ertha team highlights that the listing of ERTHA on Bybit opens up an opportunity for retail investors to participate in the thriving Metaverse market.

Ertha Metaverse is characterized as an unconventional experiment featuring a virtual model of the Earth’s surface with replicas of countries and cities. Notably, Ertha’s NFT segment recently concluded one of its most significant land sales, selling a replica of Rome for $120,000. Earlier transactions included community activists paying $59,000 for Tokyo and $50,000 for the majority of Sweden.

In December 2021, the project successfully completed two Initial DEX Offerings (IDOs) in under two minutes, raising a total of $550,000 on the Seedify and GameFi platforms.