USD.AI's CHIP Jumps 120% on Major Exchange Listings

JOON HYOUNG LEE

Summary

USD.AI (CHIP) surged about 120%% from a day earlier, driven by major exchange listings.
The rally was fueled by news of listings on multiple exchanges and a perpetual futures listing, including Upbit, Bithumb, Binance, Coinbase and Hyperliquid.
USD.AI is an AI infrastructure lending protocol that allows users to borrow stablecoins through GPU tokenization.

Forecast Trend Report by Period

USD.AI's CHIP token jumped about 120% from a day earlier after securing listings on major exchanges, including decentralized exchange Hyperliquid.

CoinMarketCap data on April 22 showed CHIP rose more than 120% at one point during the day. As of 9:20 p.m. Korea time on April 22, it was trading at $0.1001, up 108.18% from a day earlier.

The surge followed a series of listing announcements. Hyperliquid announced on April 22 that it would list USD.AI perpetual futures.

South Korean crypto exchanges Upbit and Bithumb had listed USD.AI a day earlier, on April 21. The token was also listed the same day on global crypto exchanges including Binance and Coinbase.

USD.AI is an artificial intelligence infrastructure lending protocol. Graphics processing unit owners can tokenize their GPUs through USD.AI and use them as collateral to borrow stablecoins.

CHIP