Ethereum Altcoin Explodes 143% After Korean Crypto Exchange Upbit Abruptly Announces Trading Support
The South Korean crypto exchange Upbit has announced a new listing for a data feed-focused altcoin, triggering explosive price action. According to a new announcement, Upbit is supporting Api3 (API3) for trading over the Ethereum (ETH) network on its platform starting Tuesday. Amid the announcement from Upbit, API3 exploded from Monday’s low of $0.748 to Wednesday’s high of $1.82, a more than 143% gain. API3 has since retraced and is trading for $1.34 at time of writing, up 60.6% on the day. With a market cap of $169.72 million, API3 is the 350th largest crypto project. The project celebrated its latest crypto platform listing on X. “We’re proud to be listed on Upbit, the leading exchange in Korea. With support for both KRW and USDT pairs, this listing enables wider access and strengthens our position in one of the world’s most dynamic crypto markets.” API3 is a decentralized data oracle network that aims to connect tradition...