Clearpool (CPOOL) Breaks 2-Month High After Dual Listing on Upbit and Bithumb
Summary
Clearpool's native token, CPOOL, reached a two-month peak after being simultaneously listed on major South Korean exchanges Upbit and Bithumb, with trading commencing at 16:30 KST. The Upbit listing, which offered KRW, BTC, and USDT pairs, was the primary driver, causing CPOOL's price to jump over 91% from $0.104 to $0.199 before a slight correction. Daily trading volume also saw a massive 1,435.90% increase, reaching $69 million, with Upbit accounting for nearly 26% of that activity. This price rally was supported by Clearpool's recent resumption of its official buyback program, which uses revenue from various ecosystem products like Dynamic Pools and Clearpool Prime to signal management confidence and stabilize the token price.
(Source:BeInCrypto)