Upbit to List Axelar and Balance Tokens on June 10
Upbit, the largest cryptocurrency exchange in South Korea, will list Axelar (AXL) and Balance (EPT) on June 10. Key details include:
- AXL trading starts at 07:00 UTC with pairs against USDT and KRW.
- EPT trading begins at 09:00 UTC exclusively with USDT.
Following the announcement, both tokens experienced significant price increases:
- AXL surged 65% to $0.53, with a market cap over $500 million and a trading volume increase of nearly 900%, reaching $88 million.
- EPT rose 22% to $0.0078, with an 85% rise in trading volume to $19.7 million, giving it a market cap of $19.2 million.
The broader crypto market also showed positive trends, with a 1.8% increase in global market cap to $3.5 trillion and Upbit's trading volume rising by 60% to $1.8 billion. Upbit has listed 251 coins, with many recent listings resulting in notable price gains.