South Korea’s Major Exchange Lists Two Altcoins: Significant Surge for Coin Name (Symbol)

• The cryptocurrency market is advancing in the green zone today, with Bitcoin’s stability above $59,000 pulling the market upwards.
• Many altcoins are also struggling to compensate for their losses during the week.
• In this positive atmosphere, the listing news of two altcoins has skyrocketed their prices.

Upbit, a major South Korean crypto exchange, has announced the listing of two tokens, leading to a sharp rise in their prices.

Upbit Announces Listing of ZETA and OMNI

As you follow on CoinOtag, the market is gathering morale today. Bitcoin and altcoins saw sharp sales ahead of the Federal Reserve’s interest rate decision. Since then, they have been advancing in the green zone for two days to compensate for these losses. In this environment, Upbit, a leading South Korean crypto exchange, announced that it will add Zeta Chain (ZETA) and Omni Network (OMNI) to its list. In this context, the exchange made the following announcement:

ZetaChain (ZETA), Omni Network (OMNI) Market Support

ZETA supports KRW market, BTC market, USDT market. OMNI supports BTC market, USDT market.

Altcoin Prices Soar with Listing News

Impacted by Upbit’s listing news, ZETA quickly rose more than 34% to $1.79. The altcoin suddenly jumped from its intraday levels of $1.3 to $1.79. At the time of writing, ZETA was still soaring. OMNI, also impacted by Upbit’s listing news, quickly rose more than 16% to $21. The altcoin moved from $18.1 to $21 on its daily chart. OMNI later lost some altitude. The token was trading at $20.11 at the time of writing, up 14.6% on the day.

General View of the Crypto Market

Meanwhile, the market recorded a recovery today as the price of Bitcoin (BTC) exceeded the $59,000 level. In addition, the price of Ethereum (ETH) reached the $3,000 level, reclaiming the critical level. Also, other top-tier altcoins like Solana (SOL), XRP, Cardano (ADA) recovered significantly.

Conclusion

The crypto market is showing signs of recovery with Bitcoin leading the way. The listing of ZETA and OMNI by Upbit has resulted in a significant price increase for these altcoins. As the market continues to evolve, investors should keep an eye on these developments.