South Korea’s leading crypto exchange, Upbit, has announced the listing of Cat in a Dogs World (MEW coin) as of October 21st. In a period where Bitcoin (BTC) and Ethereum (ETH) have seen lower trading volumes in South Korea, the listing of MEW has drawn considerable attention. The announcement from Upbit generated excitement among investors, leading to an immediate price surge for MEW. Meanwhile, several other exchanges also began listing new altcoins, creating a buzz in the crypto market.
Upbit Lists MEW Coin
On the morning of October 21st, at 10:00 AM (KST), Upbit officially announced that MEW would be added to its platform. The exchange clarified that only the “Cat in a Dogs World-Solana” network would be supported for deposits, advising users not to transfer through other networks to avoid potential errors or losses. Upbit also revealed that MEW would be traded against the South Korean won (KRW), allowing investors to buy and sell in the MEW/KRW trading pair. This move is seen as a major development in diversifying cryptocurrency trading in South Korea, offering new opportunities for altcoin investors. The listing has also contributed to a notable increase in MEW’s value.
Following Upbit’s listing announcement, the price of MEW experienced a sharp rise. Within minutes of the news, MEW surged by 20%, climbing from $0.00863 to $0.0103. This sudden increase sparked significant interest among investors, with MEW providing substantial returns in a short time frame. After the initial spike, MEW’s price pulled back slightly, and it is currently trading at around $0.0095.
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Other Altcoin Listings
While Upbit’s MEW coin listing caught the attention of the crypto world, other exchanges also announced new altcoin listings on the same day. Poloniex added Baby CateCoin (BABYCATE) to its platform, while BitMart listed Numogram (GNON). Additionally, LBank introduced UNIDOGE (UDOGE), and KuCoin began trading TAPME Token (TAP). These listings indicate a growing diversity in the altcoin market, reflecting the increasing interest among investors in various blockchain projects.
On October 21st, AscendEX started trading Golden Celestial Ratio (GCR) against USDT, while Dynex (DNX) was listed on Uniswap. These listings highlight the rising prominence of different projects within the cryptocurrency ecosystem, offering investors fresh opportunities. The surge in altcoin listings, particularly in markets like South Korea, aligns with the global expansion of the crypto industry. Upbit’s MEW coin listing not only boosted the coin’s profile but also increased overall interest in the altcoin market.
As The Bit Journal reports, the recent listings, including MEW coin, have sparked renewed interest in the altcoin space. With South Korean exchanges playing an active role in driving this market growth, these new listings are creating exciting opportunities for investors. The broader crypto ecosystem continues to evolve, with new projects emerging to capture market attention.
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