South Korea's leading cryptocurrency exchanges Upbit and Bithumb may soon add the new altcoin SCR to their listings, a move that could significantly impact the market.
Scroll Testing on Exchanges
According to trader Cryptomouse, who is worth $50 million, Upbit and Bithumb are testing Scroll transactions on-chain. This suggests a possible SCR listing on these exchanges in the upcoming weeks.
Altcoin Prices on Upbit
A recent study by Chinese journalist Wu Blockchain shows that the prices of altcoins listed on Upbit are skyrocketing. Wu noted that such altcoins generally increase by more than 100 percent within the first day after the listing announcement.
Potential Listings
Wu also listed 30 altcoin projects that are listed on Binance but not yet on Upbit, which could potentially be added in the future.
The anticipated acceptance of SCR on major trading platforms like Upbit and Bithumb could have a substantial impact on the cryptocurrency market, attracting new investors and increasing interest in the project.