On June 16, the South Korean crypto exchange Upbit announced the addition of new trading pairs for two digital assets: ALTLAYER and HAEDAL. This decision resulted in sharp price fluctuations for the listed assets.
Announcement of New Listings
Upbit officially announced the listing of ALTLAYER (ALT) and HAEDAL (HAEDAL) on June 16. Trading will begin at 19:00 KST with ALT/USDT, ALT/KRW pairs for ALTLAYER, and HAEDAL/BTC, HAEDAL/USDT for HAEDAL.
Price Dynamics of ALTLAYER
Before the announcement, ALTLAYER was priced at $0.025 with a market cap of over $90 million. Following the news, the price surged to $0.0489, with a market cap reaching $172 million, marking an increase of over 97% in a short period.
Price Dynamics of HAEDAL
Prior to the announcement, HAEDAL was priced at $0.1 with a capitalization of over $21 million. After the unveiling, the price grew by 15%, reaching $0.12 and a market cap exceeding $25 million. At the time of writing this article, HAEDAL is trading above $0.11.
Upbit's announcement of new listings for ALTLAYER and HAEDAL triggered significant market fluctuations, opening new opportunities for traders and investors.
