The CoW Protocol token has made a significant price jump following the recent announcement of its listing on the South Korean crypto exchange Upbit.
Listing on Upbit
According to a recent notice, Upbit will list the COW token, CoW Protocol's native token, starting from February 25. It will be available for trading on Korean won, Bitcoin, and Tether markets. Deposits for COW will be open at 19:30 KST.
Token Price Changes
Shortly after the listing announcement, COW experienced a significant price surge, increasing by 46% and reaching $0.46 in daily trading. As of writing, the token stands at $0.43. The previous day's closing price was around 418 Korean won or $0.29. Over the past week, COW has risen by 34.2%, although it saw a decrease of nearly 30% in the past month.
About CoW Protocol
CoW Protocol is a decentralized trading platform with an intent-based aggregator as its main service. It also provides features such as Maximal Extractable Value blockers, Remote Procedure Call solutions, and Automated Market Makers. COW is the CoW Protocol's native token and is used for governance.
The listing of COW on Upbit has triggered significant interest from investors and traders, leading to a rise in the token's price and trading volumes.