Cryptocurrency enthusiasts and investors closely follow the ever-dynamic landscape of Upbit’s KRW market. Recent trends show significant gains for projects such as ASTR, CTC, UNI and MINA, leading to speculation about the next candidates to list on the Upbit exchange. In this article, we review the latest information about potential listings, selection criteria and upcoming events that may affect the market.
There are many altcoins that are Bitcoin-only pairs: UNI included
Layergg, an analytics platform, has observed several altcoins that have the potential to list on South Korea’s largest cryptocurrency exchange by daily trading volume. According to Layergg’s tweet, Upbit may consider listing 44 projects, focusing on those with significant market cap. Because the exchange listed the following altcoins only with the BTC pair:
- Maker (MKR)
- IoTeX (IOTX)
- Stargate Finance (STG)
- Yield Guild Games (YGG)
- Galxe (GAL)
- Bounce Finance (BOUNCE)
- Injective (INJ)
- Adventure Gold (AGLD)
- Render Network (RNDR)
- Filecoin (FIL)
- Axle (AXL)
- ApeCoin (APE)
- Compound (COMP)
- Curve DAO Token (CRV)
- Uniswap (UNI)
- Bancor (BNT)
- Loopring (LRC)
- Synthetix (SNX)
- Livepeer (LPT)
- Origin Protocol (OGN)
- Ocean Protocol (OCEAN)
- Numeraire (NMR)
- CyberConnect (CYBER)
- Audius (AUDIO)
- Gitcoin (GTC)
- Space ID
- Moonbeam (GLMR)
- Magic (MAGIC)
- API3 (API3)
- Cartesi (CTSI)
- Bifrost (BFC)
- DigiByte (DGB)
- Ravencoin (RVN)
- Raydium (RAY)
- Ethereum Name Service (ENS)
- Prom (PROM)
- Chromia (CHR)
- Sun (SUN)
- Access Protocol (ACS)
- NKN (NKN)
- iExec RLC (RLC)
- Reserve Rights (RSR)
- Radworks (RAD)
- Dent (DENT)
UDC conference is important
Participation in Upbit events like UDC has proven to be a catalyst for listings. Of the 66 projects participating in UDC, 51% were listed as KRW pairs, and 65% were listed as KRW or BTC pairs post-UDC. Recently listed MINA and ASTR were among those participating in UDC 2023. The remaining UDC candidates include:
Upbit’s metaverse platform, 2nd Block, plays a key role in hosting AMAs and events. Notably, $CTC, listed on KRW, held an event on 2nd Block on December 12. BLUR and MASK are also among the potential candidates, and there are approximately 30 days between the 2nd Block events and the listing dates. AGLD is another prominent candidate in Block 2. The abundance of potential candidates for Upbit’s KRW market listings indicates that there are plenty of opportunities for investors. As the search for the next lucrative opportunity continues, it is clear that events such as UDC and 2nd Block play a pivotal role in shaping market dynamics. The crypto community is eagerly awaiting the announcement of the next addition to Upbit’s growing list of supported projects.
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