South Korea’s main crypto trade Upbit has introduced the itemizing of Drift token, triggering investor curiosity to hit an all-time excessive. DRIFT value noticed an explosive rally of 100% to hit a brand new all-time excessive after the itemizing on the trade. DRIFT’s fast momentum indicators sturdy potential within the DeFi area. This milestone has solidified Drift Protocol’s place as a significant participant out there.
Upbit Announces Drift Listing
According to an Upbit announcement on November 8, the trade has listed DRIFT token. Users can commerce the token in KRW, BTC, and USDT spot buying and selling pairs.
The crypto trade notified customers that deposits and withdrawals are solely supported Solana community. Moreover, transaction restrictions together with purchase restrict, minimal promote value restriction, and order sort restrictions will apply as earlier.
Drift Protocol, an open-source decentralized trade on Solana, has made a big transfer within the DeFi area. This DRIFT itemizing follows its earlier success with listings on main platforms like Coinbase. With its perpetual futures buying and selling capabilities, Drift Protocol is now poised to draw a wider viewers, particularly within the rising Asian market.
DRIFT Price Soars 100% in 24 Hours, Hits New ATH
DRIFT value is now buying and selling round $0.90, paring earlier positive aspects to now commerce at 86% greater. The 24-hour high and low are $0.4746 and $0.9747, respectively. DRIFT buying and selling quantity has skyrocketed by 1000% in simply 24 hours, signaling sturdy investor curiosity. This progress highlights the numerous impression of main listings on token visibility and buying and selling momentum.
The current listings on Upbit present the way it can amplify publicity for rising crypto belongings like DRIFT. Other tokens akin to SAFE price surged 88% after itemizing on Upbit. As listings proceed throughout main platforms, DRIFT success emphasizes the significance of visibility and accessibility in boosting market enchantment.
However, derivatives markets knowledge signifies much less curiosity from merchants as DRIFT open curiosity dropped 8% within the final 4 hours. The purple flag indicators the worth surge might not maintain for an extended interval, however it’ll proceed to rebound from the assist degree at $0.70.
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