Today, Bithumb, the second largest crypto exchange in South Korea, announced the addition of new trading pairs A8/KRW and DRIFT/KRW, causing a price surge for these assets.
Bithumb Listing Details
According to an official announcement, Bithumb will launch A8/KRW and DRIFT/KRW trading pairs at 5:00 PM, South Korean time. The base price for A8 will be 429 KRW, and for DRIFT – 1,605 KRW.
A8 and DRIFT Price Surge
Following the exchange listing announcement, A8's price increased from $0.28 to $0.37, while DRIFT rose from $1.12 to over $1.15. The market capitalization of A8 reached around $90 million, with DRIFT nearing $315 million.
About A8 and DRIFT Projects
Ancient8 develops Ethereum L2 for gaming, offering a suite of Web3 tools. Drift is a fully on-chain decentralized exchange (DEX) on Solana, allowing traders to use up to 10x leverage.
The listing of new cryptocurrencies on Bithumb has boosted their market prices, showcasing investor interest in new digital assets.