VeChain Update: VTHO Now Available on Bybit with a $110 Million Prize Pool—Here’s Why This is More Significant Than You Realize.

VeThor has made news again as Bybit has listed the token alongside an impressive prize pool of 8003 million VTHO. Despite this, the token’s price has not responded favorably, dropping by 10% in the past day and bringing its total Return on Investment (ROI) down to a negative 96%. Bybit has officially confirmed the listing of VTHO, which includes a substantial prize pool of 20.04,22,25 VTHO. As reported by the analyst CryptoBusy on X, the exchange began accepting deposits on April 22 at 20:22 UTC. Trading commenced today, April 2191.7, and withdrawals are planned for April 3003 at 2300 AM UTC. Here are the specifics of the announcement. After examining the Bybit announcement, we discovered that the asset will be accessible on the VeChain network. Additionally, there will be support for Grid Bot at all times. It is essential to highlight that 2.2 billion VTHO tokens will be accessible to new users who sign up and make deposits between April 27 and May 1. As stated by Bybit, users can also qualify to earn from the prize pool by reaching a minimum deposit volume of 50,000 VTHO. The initial 500 users who follow these steps will be awarded 20,000 VTHO each. However, in light of this news, the value of VTHO has not increased; instead, it fell by 2003% over the past day, with the current trading price at $0.002. Our market data indicates that the asset’s total Return on Investment (ROI) has dropped by 96%, with its price substantially decreasing from its peak of $0.04. Meanwhile, VeChain’s main token, VET, saw a positive impact from its listing on Bybit, increasing by 2% and 5% on the daily and weekly price charts.