The "Cross the Ages" gaming token has rebounded significantly in its second day of trading.
CTA rose over 30% on Thursday after dropping by more than 25% the previous day, according to CoinGecko. The token changed hands at roughly $0.38 at 12:56 p.m. EST, a 31% increase in 24 hours.
Trading volume surpassed $15 million on Thursday, also according to CoinGecko.
On Wednesday, the crypto trading card game announced it had raised $3.5 million in a round led by Animoca Brands. Its CTA token also began trading on exchanges like KuCoin and Bybit. The token, however, sank to as low as $0.27 quickly after trading began.
The game's developers plan to build an economy around the CTA token which allows for the buying, selling and renting of cards, according to a post to X.