$CVC surges more than 62% following the Civic ID System Launch

$CVC, the native utility token of Civic, an identity & access management solutions company, is up over 62% in the past 24hours, & now trades around $0.26369, with inflow of $214.62M, as per Gate.io chart
This comes with the excellent News that Civic has now introduced a new physical ID card that Civic Pass holders can use to prove their identity & minimize the threat of AI driven identity fraud. The physical ID card system will be layered with the Civic Pass, a non-transferable identity or soulbound token allowing users to access dAPPs & services by attesting that a user is a legitimate person.