Upbit’s Latest Listings Trigger Double-Digit Price Surges in Two Altcoins
Upbit and Bithumb listings caused Seeker (SKR) and Espresso (ESP) prices to surge over 50% each.Summary
South Korea's largest crypto exchange, Upbit, announced it will list Seeker (SKR) and Espresso (ESP) for spot trading against KRW, BTC, and USDT pairs, with trading starting February 24th. Bithumb is also listing ESP in its KRW market. Following these announcements, both tokens experienced significant price increases, with SKR rising over 62% and ESP climbing more than 50% to a new all-time high of $0.16. SKR is the native token of the Solana Mobile ecosystem, while ESP is the native token for the Espresso Network, a blockchain protocol aiming to improve scalability via a shared sequencing layer. Both exchanges implemented temporary restrictions, such as limiting buy orders and allowing only limit orders for the initial trading period, to manage volatility.
(Source：BeInCrypto)