Altcoins
Today is a big day for 15 Altcoins: listing on many exchanges!
The altcoin market started an active day today. South Korea-based cryptocurrency exchange Bithumb has announced that it will list the altcoin named Xai (XAI). Following this news, the price of XAI increased significantly. However, several cryptocurrency exchanges also try to attract investors’ attention by listing new coins. This intense quote traffic increases trading volume and liquidity, providing new opportunities for investors.
Bithumb lists XAI, prices rise
According to the statement made by Bithumb, XAI will be traded on the Korean Won (KRW) market. XAI transfers will only be supported on the Arbitrum One network. Deposits made via other networks are currently not supported. XAI deposits on Bithumb will begin at 4:30 p.m. today, while transactions and withdrawals will be active at 6:00 p.m. With the development, the price of XAI increased by 6 percent.
There is big listing news for other altcoin projects
In addition to the XAI news, there was heavy listing traffic on cryptocurrency exchanges today. The lists below are sorted by time and exchange:
- The MEXC exchange will list the BlastOff (OFF) token along with the USDT trading pair at 1:00 p.m. UTC.
- The BitMart exchange will list the NatCoin (NAT) token with the USDT trading the pair today at 5:00 p.m. ET.
- The BitMart exchange will list the DogeAi token (DOGEAI) along with the USDT trading pair today at 7:00 p.m. ET.
- The Bitkub exchange will list the Renzo (REZ) token at 1:00 p.m. today.
- The CoinW exchange will list the JungleDoge (JUNGLE) token along with the USDT trading pair today at 1:00 p.m. ET.
- The LBank exchange will list the KittenWifHat token (KITTENWIF) with the USDT trading pair at 11:00 UTC today.
- Bitrue Exchange will list the Takeer Kurlson token (TOOKER) along with the USDT trading pair today at 1:00 p.m. ET.
- The Coinstore exchange will list the StrongHands Finance (SHND) token along with the USDT trading pair today at 1:00 p.m. ET.
- The MEXC exchange will list the CyPepe token (CYPEPE) along with the USDT trading pair today at 3:00 p.m. ET.
- The KuCoin exchange will list the Taiko token (TAIKO) along with the USDT trading pair today at 4:00 p.m. UTC.
- The listing date for the Lynex (LYNX) token of the Coinstore exchange has not yet been announced.
- MEXC Global Exchange will list the FALX token (FALX) with the USDT trading the pair today at 2:00 p.m. ET.
- The MEXC Global exchange will list the TOKUDA Token (TKD) along with the USDT trading pair today at 6:00 p.m. ET.
This significant traffic of registrations attracts the attention of investors. In addition to newly announced coins such as XAI, listing the already known coins on different exchanges increases liquidity by increasing trading volume. This situation may offer more attractive opportunities to investors. However, experts stress that, as always, investors should do their own research before making any trade. Since cryptocurrency The market is known for its high volatility, investors should invest amounts in which they feel safe.
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