Core Insights - Upbit, South Korea's largest crypto exchange, has listed ZORA, leading to a significant price increase and renewed interest in the platform [1][3] - Bithumb, another major exchange in South Korea, is also adding trading support for three altcoins [1] Listing Details - ZORA will be available for trading against KRW, BTC, and USDT on the Base network, with specific instructions for deposits to avoid issues [2] - Upbit will implement temporary trading restrictions to stabilize initial trading activity, including limits on buy orders and low-priced sell orders during the first five minutes [3] Price Performance - Following the announcement, ZORA's price increased from approximately $0.094 to $0.11, marking a rise of about 17% [3] - The price surge is reminiscent of a previous spike in October when ZORA's price rose over 77% after being added to Robinhood [4] Ecosystem Development - ZORA's ecosystem is expanding with the introduction of creator coins on the Base network, aimed at giving creators ownership of their work [5][6] - The Believe Fund has been launched to support emerging talent in the creator economy, allocating 20 million ZORA tokens for blockchain-based funding [7][8]
Upbit and Bithumb Announce 4 New Altcoin Listings Today
Yahoo Finance·2025-10-17 04:34