ORCA token experienced a remarkable surge of over 200% following its listing announcement on the South Korean cryptocurrency exchange, Upbit. This event highlights the impact of major listings on token prices.
ORCA Skyrockets Post Listing News
The recent listing announcement by Upbit led to a dramatic price spike in the ORCA token, which had been stable prior to this event. The announcement added significant visibility and trading volume to the token.
ORCA Reaches $2.99 Amid 15,907% Volume Surge
According to CoinMarketCap, ORCA's current price is $2.99, with a 24-hour trading volume of $760.6 million, reflecting a 15,907% volume change. The token's price increased by 91.38% within 24 hours, with a weekly surge of 95.37%.
Expert Insights: Listing Effects
Similar situations have shown that new exchange listings often lead to increased investor activity and price spikes. Kanalcoin experts note that while such announcements can boost short-term prices, sustained growth depends on long-term project viability.
The ORCA listing event on Upbit underscores the importance of strategic partnerships and their influence on token liquidity and adoption, though volatility remains a significant factor.
