Bithumb Drama: Two Altcoins Throw Tantrums & Hit 6-Month Highs! 😱

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BREAKING: Bithumb, South Korea’s second-most-dramatic crypto exchange (after Upbit’s morning latte meltdowns), dropped a listing bomb today. 💥

The lucky winners? Lista DAO (LISTA) and Merlin Chain (MERL) – because nothing screams ‘bull run’ like tokens named after mythical wizards and cryptic lending protocols. 🤷‍♀️

Bithumb’s Latest Episode: LISTA & MERL Take Center Stage

Cue the Korean Won (KRW) trading pairs 🎭 Deposits and withdrawals will allegedly be ready in 3 hours – or, as crypto exchanges like to say, ‘soon.’

“Blah blah Travel Rule compliance, blah blah only supported VASPs,” Bithumb mumbled, sounding suspiciously like my ex explaining blockchain at a dinner party. 🍷

LISTA trading begins at 4:00 PM KST (or whenever Bithumb finishes their 3rd coffee), reference price: 354 KRW – roughly the cost of a decent kimbap. 🍙

MERL follows at 6:00 PM KST (161 KRW, or one fancy latte). Predictably, prices lost their minds:

  • LISTA (+33.97%): $0.36 (highest since Jan 2025, aka ‘the before times’).
  • MERL (+20.53%): $0.168 – still cheaper than a Seoul parking ticket. 🚗💨

Translation: South Korean exchanges control altcoin moods like K-pop stans dictate Twitter trends. Remember HYPER? BABY? HUMA? Exactly. 📈

Fun Fact™: 27% of South Koreans aged 20-50 own crypto (70% planning to buy more – probably as revenge against traditional banks). Total holdings? $73 billion, or enough to buy Jeju Island twice. 🏝️

Bithumb’s volume tripled last month ($758M → $2.7B), while Upbit flexed harder ($1.7B → $8.3B). Crypto dominance? More like a makjang drama. 🍿

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2025-07-24 08:43