REZ cryptocurrency saw a 38% rise ahead of its upcoming listing on South Korea's Bithumb exchange, amidst a decrease in daily trading volume.
REZ Surge Before Listing
REZ hit an intraday high of $0.022, raising its market cap to nearly $43 million. Despite the rise, daily trading volume dipped by 17% to around $114 million, indicating cooling interest after the initial excitement.
Listing Details
Bithumb will list REZ on its Korean Won market with trading starting at 4:00 PM KST on April 1, 2025. Deposits and withdrawals will be available only on the Ethereum network, opening two hours post-announcement. REZ will debut at 24.73 KRW (about $0.016), requiring 33 confirmations for deposits. No buy orders can be placed in the first five minutes of launch, and sell orders must remain within the -10% to +100% range of the base price.
Analysis and Prospects
Several analysts see potential for further growth in REZ. Expert Michaël van de Poppe noted strong momentum. If REZ surpasses the $0.027 resistance level, it could rise to $0.07 in the coming weeks. Another analyst, Crypto_Jobs, highlighted a key support zone around $0.0165; as long as REZ stays above that level, the outlook remains bullish.
REZ cryptocurrency shows significant growth ahead of its Bithumb listing, attracting the attention of analysts and traders. However, post-listing price changes are common, which is important to consider while dealing with new tokens.
