The cryptocurrency market has had an active day with 6 new altcoins being listed in the last 24 hours. Leading exchanges such as Upbit, MEXC and Bitget have managed to attract the attention of investors by adding these new projects such as AUCTION coin to their platforms. While these listings offer new opportunities for altcoin investors, they also bring some risks.
AUCTION coin excitement on Upbit
Cryptocurrency exchanges have had a busy day, listing 5 new altcoins in the last 24 hours. These listings created excitement among investors and project developers alike. First of all, Upbit, South Korea’s largest cryptocurrency exchange, announced that it has listed the altcoin called Bounce (AUCTION) on May 29. With this listing, the AUCTION/KRW trading pair was opened, allowing investors to buy and sell AUCTION with South Korean Won (KRW). According to market data, with this news, the AUCTION price increased by 80% to $ 31.4. It is currently trading around $25.
Operating under the symbol AUCTION, Bounce Token serves as the native cryptocurrency in the Bounce Finance ecosystem. This platform leverages blockchain technology to facilitate a decentralized auction environment. It is designed to support the auctioning and trading of a wide range of assets, including real-world collectibles, directly on the blockchain. This innovative approach aims to increase transparency, efficiency and accessibility in the auction process by meeting the needs of Web3 users.
5 new coins on MEXC and Bitget
MEXC stock exchange also had a very active day on May 29. The exchange listed 4 new altcoins named Beercoin (BEER), Revomon (REVO), Param (PARAM) and Solar (SXP). These listings significantly increased MEXC’s altcoin diversity.
- Beercoin (BEER): It entered the lists with the BEER/USDT trading pair on May 29 at 12:00 CEST.
- Revomon (REVO): It entered the lists on May 29 at 12:00 am CET with the REVO/USDT trading pair.
- My money (PARAM): It entered the lists on May 29 at 11:00 am CET with the PARAM/USDT trading pair.
- Solar (SXP): It was listed with the SXP/USDT trading pair on May 29 at 11:00 UTC.
On the other hand, Bitget exchange also listed the altcoin called catwifhat ($CWIF) on May 29. The altcoin, listed with the CWIF/USDT trading pair, managed to attract the attention of investors. These new listings show that the cryptocurrency market is still interesting and investors are open to exploring new projects. For altcoin projects, these listings provide the opportunity to reach a wider audience and raise funds, while also creating new earning opportunities for investors. The above information is not investment advice. It is important to do detailed research and evaluate your own risks before investing.
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