Raydium and Ponke skilled vital worth jumps as they had been added to Bithumb, one of many largest South Korean crypto exchanges. Raydium, a Solana-based automated market maker (AMM) protocol and liquidity supplier, noticed its worth rise by 10% following the itemizing. Ponke a meme coin on the Solana community, surged 20% in worth.
The addition of those tokens to the South Korean buying and selling platform displays the crypto change’s deal with increasing buying and selling choices for its customers. The itemizing sparked rapid pleasure, with each property gaining heightened curiosity from merchants.
Bithumb Adds Raydium and Ponke in KRW Pairs
Bithumb has formally added Raydium (RAY) and Ponke (PONKE) to its KRW pairs, in response to a November 19 announcement. Following the Bithumb listing, The tokens skilled witnessed huge curiosity from merchants, highlighting rapid market pleasure.
The buying and selling assist for RAY and PONKE on the Solana community permits customers to deposit and withdraw inside three hours of the announcement. Full buying and selling for each tokens will start at 5:00 PM KST on Tuesday, giving customers entry to the brand new pairs as buying and selling formally begins.
To guarantee safe buying and selling, Bithumb has set particular transaction restrictions. For the primary 5 minutes, shopping for orders are paused, and promoting orders are restricted inside -10% to +100% of the bottom worth. Automatic orders will activate following the preliminary transaction, establishing a managed entry for these tokens within the KRW market.
Price Surge and Market Context for RAY and PONKE
Raydium worth is presently buying and selling at $5.90, marking a ten% enhance following its itemizing on Bithumb. In the previous 24 hours, RAY’s worth ranged from a low of $5.519 to a excessive of $6.144. Trading quantity reached $173 million, with a market cap of $1.73 billion, exhibiting elevated curiosity on this Solana-based AMM protocol.
Ponke additionally listed on Bithumb, noticed a 20% worth leap and is now buying and selling at $0.80. The token’s 24-hour vary was between $0.68 and $0.84, whereas its buying and selling quantity hit $115 million. With a market cap of $456 million, demand for this Solana-based meme coin is rising.
Listings on main exchanges usually increase crypto costs by rising entry and publicity. BAN price surged 80% after its itemizing on Binance Futures. Such listings spotlight the numerous impression of change assist on crypto property.
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