Unibase (UB) Jumps 43% in 24 Hours— Why?

Unibase, a high-performance decentralized AI memory layer, has emerged as one of the top gainers over the past 24 hours. Its native token UB surged by over 117% fueled by notable developments in the project. According to data from CoinGecko, the asset is currently trading at $0.03023, accompanied by a significant trading volume.

Unibase (UB) Token Launch

Unibase is a blockchain project focused on enabling AI agents with persistent memory, interoperability across different platforms, and decentralized data availability. The platform is creating the foundation for the Open Agent Internet — a modular and trustworthy on-chain AI agent ecosystem. It aims to be the infrastructure that enables autonomous or semi-autonomous AI systems to operate in a decentralized, reliable, and scalable manner.

Today, the platform launched its native token at 8:00 (UTC). According to Unibase, this token is designed to enable developers and communities to observe the evolution of open AI infrastructure.

“Unibase is creating the backbone for persistent, verifiable memory that empowers AI agents to remember, collaborate, and grow — all on-chain. With $UB, developers, communities, and innovators can co-own this new intelligence economy and shape the evolution of open AI infrastructure. No gas wars. No insiders. Just a shared foundation for the next era of autonomous AI,” they wrote.

UB’s Listing on Exchanges

Following the token launch, it was listed on multiple top-tier exchanges, boosting its appeal. UB debuted on Binance’s Alpha platform, instantly gaining exposure to millions of traders. Binance also announced futures trading with up to 50x leverage.

Futures listings often turn speculative interest into amplified flows. With margin, traders can open much larger positions than their capital would normally allow, magnifying both pumps and dumps. Typically, when a futures contract goes live alongside a spot listing, price discovery occurs rapidly and violently as leveraged traders chase momentum. Notably, Binance’s official support for UB was published ahead of trading. This gave investors ample time to prepare their strategies and position themselves.

Meanwhile, Binance wasn’t the only exchange that added support for Unibase (UB). Bitget, Lbank, KuCoin, Gate, and BitMart exchanges listed the token. As observed on many occasions, a major exchange listing is a textbook example of fuel for price spikes. The support brings instant liquidity, a huge pool of new buyers, and the credibility signal that many retail traders interpret as validation.

Thus, it is not surprising that UB trading volume spiked by a significant 5,534.20% to over $61 million. With a market cap exceeding $72 million, the asset is currently trading 2.11% below its all-time high. 

Incentives for Users

In addition to UB’s listing, KuCoin rolled out a double rewards promotion worth nearly 5 million UB. First, there is a 4.3 million UB prize pool for both new and existing users who deposit, trade, and meet volume milestones. An additional 540,000 UB is set aside for KuCoin affiliates and their invitees, rewarding sign-ups, spot trades, and futures volume.

In parallel, Unibase partnered with KuCoin Web3 Wallet for a gamified event, called MarioChallenge Week 3 Round 6. The event featured a prize pool of 720,000 UB on Binance Smart Chain. It runs from September 12 at 10:30 to September 15 at 00:00 (UTC+8).

Users can join the campaign on TaskOn by swapping at least $20 worth of tokens on BSC. After which, they should submit their KuCoin Wallet BSC address on a first-come, first-served basis. This approach aims to boost on-chain usage and wallet adoption by rewarding active users who move quickly.

Overall, UB listings and campaign fuels trading activity attract new users and incentivise community growth. They also create coordinated short-term demand as users rush to participate in promotions and airdrops. 

The post Unibase (UB) Jumps 43% in 24 Hours— Why? appeared first on Cointab.