WhiteBIT Coin surged 35% after sponsorship deals with Juventus and FC Barcelona
From Yahoo Finance: 2025-06-19 12:25:00
WhiteBIT Coin surged 35% this week after securing a sponsorship deal with Juventus, adding to its existing partnership with FC Barcelona. The coin, a native of the WhiteBIT exchange, has soared 421% in the past year, driven by sports club endorsements and milestones like reaching 5 million customers and mining 300 Bitcoin blocks in October 2024.
The WhiteBIT Coin represents a way to invest in the WhiteBIT company, which has been active since 2018 and is one of the 30 most active global crypto exchanges. Sponsorships with top soccer clubs like Juventus and FC Barcelona could elevate WhiteBIT to compete with major platforms like Binance and Crypto.com, boosting the coin’s utility on the trading platform.
Despite the coin’s promising outlook, investors should exercise caution due to the volatile nature of cryptocurrencies. While the coin can be purchased on leading American platforms, it’s essential to recognize that foreign cryptocurrencies like WhiteBIT Coin differ from American stocks. Consider the Motley Fool’s top stock picks for potential high returns in the coming years, as WhiteBIT Coin was not among their recommendations.
Read more: How WhiteBIT Coin Soared 35% This Week