Upbit Lists MEW Coin and Other Altcoins, Boosting Market Excitement
MEW Coin Listing from Upbit
Upbit, one of South Korea’s leading cryptocurrency exchanges, has officially listed the cat in a dogs world (MEW coin) on October 21. This move comes at a time when Bitcoin and Ethereum transactions are facing a decline in volume, particularly in the South Korean market. The announcement of MEW’s listing on Upbit sparked enthusiasm among investors, leading to an immediate price surge for MEW. The exchange highlighted that MEW deposits will only be supported on the “cat in a dogs world-Solana” network, cautioning users against transferring via other networks to avoid errors and potential losses. MEW is now available for trading in the MEW/KRW pair, offering investors new opportunities for diversifying their cryptocurrency holdings in the South Korean market.
Following its listing on Upbit, MEW experienced a significant price increase, jumping by 20% within minutes of the announcement. The price surged from $0.00863 to $0.0103 before retracing slightly to its current level of $0.0095.
What Happened to the Other Listings?
In addition to Upbit’s listing of MEW coin, several other altcoins were listed on various exchanges on the same day. Poloniex added Baby CateCoin (BABYCATE), BitMart included numogram (GNON), LBank listed UNIDOGE (UDOGE), and Kucoin opened trading for TAPME Token (TAP). These listings demonstrate the growing diversity in the altcoin market and the increasing interest from investors in different projects. Furthermore, exchanges like AscendEX and Uniswap listed Golden Celestial Ratio (GCR) and Dynex (DNX) respectively, expanding the opportunities for investors to engage with new projects and contribute to the broader cryptocurrency ecosystem.
The continued listing of altcoins on various exchanges highlights the evolving landscape of the cryptocurrency market and presents short-term opportunities for investors. Such developments, especially notable in countries like South Korea, contribute to the overall growth and maturation of the global crypto market. Upbit’s listing of MEW coin has not only boosted interest in this particular asset but has also spurred greater attention towards the altcoin market as a whole.
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