Upbit to List Axelar and Balance Tokens on June 10

1 min

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.