XVS price surges on Bithumb despite delisting watchlist status

Venus (XVS) has experienced an unusual price surge on the South Korean crypto exchange Bithumb, at one point touching 30,000 won for a 580% gain from the previous day. The token is currently trading at 25,240 won, up approximately 472%. The rally comes after Bithumb placed XVS on its delisting watchlist on March 16.