WBT overtakes TON and SHIB after partnership with Juventus
WBT soars 32% to new all-time high after Juventus partnership reveal
WhiteBIT’s utility token, WBT, rocketed 32% on June 16, becoming the top-performing crypto asset of the day and eclipsing Toncoin and Shiba Inu in market cap rankings.
The dramatic move—marked by what traders call a “god candle”—sent the token to a new all-time high of $52.27, bringing its year-to-date gains to over 110%, reports Crypto News.
The rally pushed WBT to the 21st spot among the largest cryptocurrencies, reaching a $7.43 billion market cap. The surge came just hours after WhiteBIT announced a major branding partnership with Juventus, one of Europe’s most prestigious football clubs, whose jerseys will now feature the exchange’s logo on matchdays.
Juventus deal drives global visibility and investor momentum
The Juventus partnership has created a significant visibility boost for WhiteBIT, positioning it alongside major sports sponsors in the crypto space. These kinds of high-profile deals have historically been catalysts for user adoption and investor interest, and the WhiteBIT–Juventus alliance appears to be no exception.
Market analysts noted increased spot trading volumes on WhiteBIT following the news, while investor chatter on social platforms surged. On-chain data adds more weight to the trend: daily active addresses on the Whitechain network jumped 182% in just two days, signaling accelerating ecosystem engagement that could translate into sustained token demand.
WBT’s utility and network activity fuel bullish outlook
As the native utility token of the WhiteBIT ecosystem, WBT is directly tied to platform activity—powering transactions, offering trading fee discounts, and unlocking tiered user benefits. With a spike in on-chain activity and heightened institutional visibility, WBT’s fundamentals are gaining fresh momentum.
The surge in Whitechain usage implies more users are engaging with decentralized applications and services, thereby increasing WBT’s utility. While short-term corrections are possible after such a sharp rally, analysts suggest that if WhiteBIT continues to scale its brand presence and product offerings, WBT could maintain upward pressure through the second half of 2025.
Recently we wrote that on June 16, the native token of one of Europe’s largest crypto exchanges, WhiteBIT (WBT), surged over 30%, reaching an all-time high. The rally was fueled by a sponsorship agreement with football giant Juventus.
