Altcoin Sees Price Surge as Bithumb Announces Listing
Bithumb, the second largest cryptocurrency exchange in South Korea, made a significant announcement today. The exchange revealed that it will be listing an altcoin called Core (CORE).
Starting today, Core (CORE) will be available for trading in the Korean Won market. However, it’s important to note that deposits made through other networks will not be supported. The deposit feature will be available from 15:00, while transactions and withdrawals will start at 17:00.
Following the news of the listing, the price of Core (CORE) experienced a sharp increase of over 8%. However, due to the bearish trend in the overall market, the gains were short-lived and the price quickly retraced.
This morning, Bitcoin (BTC), the leading cryptocurrency, faced a significant decline and dropped to $62,170. This downward trend also affected altcoins, with Ethereum (ETH), the largest altcoin, falling to $3,350.
Core (CORE) is a decentralized layer 1 DAO project that is compatible with Ethereum Virtual Machine (EVM) and can run Ethereum decentralized applications (dApps).
Please note that this article does not provide investment advice. If you’re interested in investing in cryptocurrencies, you can register with Binance exchange using this link for a 20% commission discount.
For more exclusive news, analytics, and on-chain data, follow our Telegram and Twitter accounts.
Receive Notifications from Comments
Notify me when a new reply is received for my comment.
