Ah, dear reader, gather ’round as we delve into the latest spectacle from Upbit, the grandest of South Korea’s cryptocurrency exchanges, where fortunes are made and lost with the flick of a digital switch.
In a most audacious announcement, Upbit has unveiled the listing of four illustrious altcoins: FLock.io (FLOCK), Forta (FORT), Pocket Network (POKT), and Livepeer (LPT). Following this proclamation, the tokens danced upon the market, with Pocket Network leading the fray, boasting a staggering triple-digit increase. One might say it was a performance worthy of the grandest stage! 🎭
Upbit’s Daring Listings: FLOCK, FORT, POKT, and LPT
According to the official missive from Upbit, these tokens shall be available for trading in the esteemed currencies of Bitcoin (BTC), Tether (USDT), and the ever-reliable Korean Won (KRW). The festivities commence on this fine day, May 30, at 15:00 KST with FLOCK taking the spotlight. It shall grace the BTC and USDT markets via the Base network, a most fitting debut.
Following closely, FORT will strut its stuff against the BTC and USDT pair through the Ethereum network, commencing at 16:00 KST. And as the sun sets, LPT will launch its trading on the KRW and USDT markets via Ethereum at 17:00 KST. A veritable parade of tokens, if you will!
Lastly, Upbit has revealed that POKT will make its grand entrance on the KRW market through its native Pocket Network blockchain at 19:00 KST. One can only imagine the anticipation! ⏳
“Please be sure to verify the network before depositing digital assets. Deposits or withdrawals via networks other than those specified will not be supported,” Upbit cautioned, as if warning a child not to touch the hot stove.
Market data, like a faithful scribe, highlighted the immediate impact of these listings. Pocket Network’s POKT token saw a most dramatic increase, soaring over 592% within mere moments of the announcement. Such exuberance! 🎉
This meteoric rise catapulted its market capitalization from a humble $25 million to a staggering $97 million. While the fervor has since cooled, POKT remains up an impressive 397.9% at the time of this writing. A true testament to the wild nature of the market!
FLOCK, not to be outdone, saw the second-largest uptick, climbing 49.3%, while Livepeer’s LPT surged 41.5%. Both tokens, however, experienced slight pullbacks, settling at gains of 30.9% and 29.5%, respectively. A classic case of ‘what goes up must come down,’ wouldn’t you agree? 😅
Lastly, FORT, in a twist of fate, rose by 26.8% initially but suffered the largest crash among the four, losing most of its gains. At press time, it was only up 2.3%. A cautionary tale for the faint of heart!
This development follows a curious pattern of significant market reactions to exchange listings. BeInCrypto reported that the listing of MANTRA (OM) Access Protocol (ACS), GoChain (GO), Observer (OBSR), Quiztok (QTCON), and Rally (RLY) on Upbit last week led to similarly sharp price surges. Ah, the drama of the crypto world continues unabated!
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2025-05-30 08:33