South Korea's top cryptocurrency exchanges, Upbit and Bithumb, have announced the listing of new tokens, leading to significant price increases. Upbit will list Raydium (RAY) at 12:00 PM KST, while Bithumb will add Huma Finance (HUMA) and Forta (FORT) at 3:00 PM and 5:00 PM KST, respectively. Following these announcements, RAY surged by 34.3%, peaking at $2.78 before stabilizing at $2.32. HUMA saw a 12.0% increase, and FORT soared by 52.2%, becoming the top gainer on CoinGecko.
These listings highlight the dynamic nature of South Korea's crypto market, the second-largest in the world. Despite challenges such as market fragmentation and low stablecoin adoption, the market continues to expand, driven by increased token offerings and investor interest.
Upbit and Bithumb Listings Trigger Token Price Surges
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