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HumidiFi (WET) Surges 45% as Upbit and Bithumb Announce Dual Listing

BeInCrypto
HumidiFi's WET token surged nearly 45% after major South Korean exchanges Upbit and Bithumb announced simultaneous listings.

Summary

HumidiFi's token, WET, experienced a significant price rally, surging by nearly 45%, following the announcement of simultaneous listings on South Korea's leading cryptocurrency exchanges, Upbit and Bithumb, scheduled for December 15 at 18:30 KST.

Upbit will support WET trading pairs against KRW, BTC, and USDT, implementing standard initial trading restrictions like disabling buy orders temporarily and limiting initial trading to limit orders. Bithumb will list WET on its KRW market with a reference price of 282 won and is offering a limited-time trading fee waiver until December 17.

The news drove WET's price up from $0.181 to $0.279 (a 54.2% increase following Upbit's announcement alone), settling around $0.26. This surge follows WET's recent market entry, which included listings on Coinbase, OKX, and Bybit, and a successful relaunch after an initial sale was voided due to suspicious bulk buying, which helped rebuild market confidence.

(Source:BeInCrypto)