- The cryptocurrency market is experiencing significant shifts on June 24th, highlighted by new listings and price fluctuations.
- Several prominent exchanges, including South Korea’s Bithumb and others like BingX and XT.COM, have added multiple altcoins to their platforms.
- These developments have sparked investor interest and led to notable price movements in some altcoins.
Discover the latest in the crypto world as top exchanges announce new listings, driving price surges and investor excitement.
Bithumb Adds Core: Altcoin Sees Price Surge
On June 24th, Bithumb, South Korea’s second-largest cryptocurrency exchange, announced the listing of the popular altcoin Core (CORE). Investors can now trade CORE against the South Korean Won (KRW) on the platform. According to Bithumb, deposits for CORE will only be accepted through the CoreDAO network, advising users against transfers from other networks. Following the announcement, CORE’s price jumped by 10% to reach $1.41, before settling to trade currently at $1.325.
Multiple Listings Across Other Major Exchanges
Beyond Bithumb’s announcement, other major cryptocurrency exchanges have also introduced notable new listings:
- Love Power Coin (LOVE): On June 24th, BingX added LOVE with the LOVE/USDT trading pair, with the listing going live at 12:00 PM UTC.
- Worldwide USD (WUSD): BingX also listed WUSD/USDT on the same day, with trading starting at 10:00 AM UTC.
- Hedgehog in the Fog (HIF): Another listing by BingX on June 24th was HIF/USDT, which began at 2:00 PM UTC.
- PeiPei (PEIPEI): XT.COM added PEIPEI/USDT to its platform, with trading available from 12:00 PM UTC on June 24th.
- Qudefi (QDFI): MEXC listed QDFI/USDT, with the trading pair becoming active at 6:00 PM UTC on June 24th.
Current Market Overview
The cryptocurrency market witnessed a highly dynamic day, with Bitcoin experiencing a price decline and several altcoins also losing value. Despite this, the numerous new listings have garnered significant attention from investors, leading to price increases in some newly listed altcoins. This surge in activity suggests a potential revitalization within the altcoin sector. Nonetheless, investors are advised to remain cautious, conduct thorough research, and make well-informed decisions due to the inherent risks of the cryptocurrency market.
Conclusion
In summary, the recent flurry of new listings across major cryptocurrency exchanges has injected a fresh wave of energy into the market. While Bitcoin and several altcoins saw price drops, the newly listed altcoins benefited from increased investor interest. As the market continues to evolve, it is crucial for investors to stay informed and practice due diligence. Stay connected with the latest developments in the crypto world by following us on Twitter, Facebook, and Instagram, and join our Telegram and YouTube channels for timely updates.
