- Upbit lists MOODENG, sparking significant trading activity.
- MOODENG price surged by over 50% post-announcement.
- No leadership input found, impacting market transparency.
On July 3, 2025, Upbit, South Korea’s largest cryptocurrency exchange, will add MOODENG to its KRW, BTC, and USDT markets.
Upbit Listing of MOODENG
Upbit announces adding MOODENG to its trading pairs of KRW, BTC, and USDT on July 3, 2025. As South Korea’s largest cryptocurrency exchange, Upbit has frequently contributed to trading trend shifts. MOODENG is a meme coin based on the Solana network, drawing inspiration from a viral pygmy hippo from Thailand. The move aligns with Upbit’s strategy of broadening cryptocurrency access in the country.
“On July 3, 2025, MOODENG will be added to the KRW, BTC and USDT markets on Upbit. The listing for MOODENG is planned on the Solana network.” – Upbit Official Communication, source 1
MOODENG’s price climbed over 50% following Upbit’s announcement, with reports noting a surge up to 58.2%. The volume of MOODENG trading similarly skyrocketed by 53.51%, suggesting strong speculative interest from the market. While BTC, USDT, and SOL serve as base pairs, indirect effects remain minimal. The broader Solana ecosystem observed increased activity, reflecting heightened interest in meme coins.
Listing MOODENG on Upbit has not yet received official comments from Korean regulators or crypto industry leaders. Absent public reactions from key figures may alter perception and investor confidence. The event’s community engagement, marked by active trading, underscores speculative market volatility. Long-term effects hinge on continued engagement and subsequent price stability. Historical trends show similar exchanges listings foster brief surges, potentially followed by market corrections.
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