Upbit’s Whimsical Listings: AXL & EPT Go Bonkers! 🚀
Upbit, that venerable South Korean cryptocurrency exchange, has decided to shine its benevolent spotlight on Axelar
(AXL) – a name that sounds suspiciously like a cleaning product – and Balance (EPT), which, one hopes, is something
investors will actually achieve. 🧐
The Korean
centralized exchange, with all the pomp and circumstance one might expect, will list AXL at 07:00 UTC and EPT at
09:00 UTC on June 10. Balance, bless its cotton socks, will only be available to trade with USDT – presumably
because nobody else wants it.
Meanwhile, users will be able to swap AXL with USDT and the South Korean Won. One can only imagine the
excitement. 🎉
South Korea’s largest cryptocurrency exchange, UPBIT, has announced that it will list the Balance (EPT)/USDT
trading pair and Axelar (AXL) trading pairs with KRW and USDT on June 10. Balance is a project dedicated to
enhancing the Web3 user experience through the use of AI.…— Wu Blockchain (@WuBlockchain) June 10, 2025
Minutes after the initial announcement, both tokens recorded sharp price hikes. One might even call it a frenzy,
though I wouldn’t want to exaggerate. 😜
AXL, in a display of unbridled enthusiasm, rallied 65% in 24 hours to \$0.53. Its market cap, not to be outdone,
surpassed the \$500 million mark, making it the 114th-largest digital asset in the market. Axelar’s daily trading
volume increased by nearly 900% to \$88 million. One shudders to think what might happen if they actually tried.
😨
EPT, not wanting to be left out of the fun, rose by 22% in the past 24 hours and is trading at \$0.0078 at the time
of writing. The asset also recorded an 85% surge in its 24-hour trading volume, reaching \$19.7 million. Balance
currently has a market cap of \$19.2 million. It’s all terribly exciting, isn’t it? 😴
Not Just the Tokens
Upbit’s latest listings come as the broader crypto market gained bullish momentum. The global crypto market cap
increased by 1.8% to \$3.5 trillion, according to data from CoinGecko. One can only assume this is due to the
sheer brilliance of these tokens. 🤔
Data shows that the Korean exchange saw a 60% rise in its trading volume, reaching \$1.8 billion. It seems
everyone’s getting in on the act. 🤪
Upbit has listed 251 coins for trading. Most of its latest listings have triggered similar gains. For example, SOON
rose by 15%, DEEP price doubled, and WCT surged by 36% right after the exchange’s announcement. It’s all rather
like watching a particularly enthusiastic game of musical chairs, isn’t it? 🤭
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2025-06-10 15:57