Security firm Uppsala's Sentinel Protocol cryptocurrency surges 15% on increased buy orders

The cryptocurrency Sentinel Protocol (UPP) of Upsara Security, a global blockchain security company, showed a sharp rise on the 8th, reported News 1.
According to cryptocurrency exchange Upbit, the price of Sentinel Protocol rose 6% to the 92 won (approximately 10 yen) range as of 3:45 p.m. on the same day compared to the same time the previous day.
The Sentinel Protocol token is used in the Sentinel Protocol ecosystem, a blockchain security platform operated by Upsalase Q-Riity.
It is a virtual currency. It is used as a currency for using services within the ecosystem, and participants may be compensated with Sentinel Protocol tokens according to their contribution to the ecosystem.
On the same day, Sentinel Protocol saw a flood of buy orders from 9 a.m. onwards, causing its price to soar by as much as 15% in an hour. Two hours later, it hit its highest price this month.
It is analyzed that the price surge was influenced by the fact that the previous record high. Uppsalasee Q-RI is a next-generation virtual currency money laundering prevention technology company jointly developed with AhnLab Blockchain Company in April.
The two companies signed a memorandum of understanding (MOU) for the development of anti-money laundering (AML) security technology, and in July they launched ChainKeeper, an independent AI (artificial intelligence) security service, on Samsung Blockchain.
The company is also closely related to the domestic cryptocurrency-related security market, such as being linked to Xangle Wallet. According to Xangle, the current value of the tokens issued by Sentinel Protocol is
The total amount is 46.5 billion won (approximately 5.1 billion yen). Sentinel Protocol is classified as a virtual currency with a large "Upbit influence," as 99.9% of transactions are made on Upbit alone.