- Listing includes LPT and POKT on Upbit’s exchange.
- POKT price surged over 250% post-announcement.
- New trading pairs introduced for selective cryptocurrencies.
Upbit, South Korea’s top cryptocurrency exchange, has listed Livepeer (LPT) and Pocket Network (POKT) today.
The listing by Upbit is significant due to the immediate rise in POKT’s price, reflecting the influence of major exchange decisions.
Upbit, a leading cryptocurrency exchange, has announced listing four new altcoins, including Livepeer and Pocket Network. The announcement triggered notable market reactions, particularly for POKT, which saw significant price activities.
Involved in this event is Upbit, listing LPT in KRW and USDT markets and POKT exclusively in KRW market. These changes offer new trading opportunities for users.
The immediate listing of Pocket Network led to a dramatic price surge. Such market movements emphasize Upbit’s ability to influence crypto markets and shed light on investor sentiment.
The listings carry financial implications, especially for traders seeking new investment avenues. The selection of specific currencies reflects Upbit’s strategic choices in providing supportive trading infrastructures. As the POKT Network stated, “We are excited to see our ecosystem expanding with new gateways and the introduction of AI initiatives such as the POKT AI Lab.”
This listing aligns with Upbit’s strategy to enhance user options and signifies a broadening of market access. The inclusion of LPT and POKT underscores the growing interest in diverse cryptographic ventures.
Observing historical trends, exchange announcements frequently generate activity, evidenced here by price shifts. Insights reveal Upbit’s tactical approach to market dynamics, with expected technological and market evolutions as more users engage with these trading pairs.
