PEAQ value skyrocketed 35% and VANA soared by 10% following an inventory announcement by Bithumb, one in all South Korea’s prime crypto exchanges. The itemizing has boosted market confidence in each tokens, with the Peaq token nearing its all-time excessive and VANA exhibiting regular features. These value actions replicate rising curiosity within the distinctive utilities of those tokens, as buyers gear up for elevated buying and selling alternatives.
PEAQ and VANA Price Surge After Listing on Bithumb
South Korea’s second-largest crypto alternate, Bithumb reported on January 2 that it’ll checklist PEAQ and Vana community tokens. Both tokens will probably be accessible within the KRW pairs, enabling customers to commerce them straight in opposition to the Korean Won.
PEAQ’s base value was set at 853 KRW, whereas VANA debuted at 23,730 KRW on the alternate. The itemizing announcement detailed that deposits for each cash would start inside three hours of the discover, and buying and selling would begin at 4 PM KST. Bithumb famous that deposits by way of non-native networks wouldn’t be supported to make sure seamless processing.
Additionally, Bithumb emphasised transaction restrictions to safeguard consumer expertise in the course of the preliminary buying and selling interval. The alternate restricted shopping for orders for the primary 5 minutes. The platform additionally restricted promote orders to a variety of -10% to +100% of the usual value. Traders may solely use computerized buying and selling after finishing the primary transaction.
Price Performance and Market Context
PEAQ value surged by 35% to $0.715, nearing its all-time excessive. It recorded a 24-hour low of $0.522 and a excessive of $0.72. It boasts a market cap of $463 million and a buying and selling quantity of $55.56 million. The token powers core DePIN features like governance, transaction charges, and staking.
As per DigitalCoinPrice, the common PEAQ value prediction for 2025 is $1.49. While by 2030, it could attain roughly $3.67. This L1 token stays unlisted on Binance and different prime exchanges. Analysts imagine that future listings may set off exponential value surges as accessibility will increase.
Vana Network, a Layer 1 blockchain centered on decentralized knowledge networks, empowers knowledge possession and incentivizes contributions to DataDAO by way of governance rights and token rewards. Its value surged 10% to $17.62, with a 24-hour low of $15.41 and a excessive of $17.83. The community boasts a market cap of $528 million and a buying and selling quantity of $169 million. Price predictions recommend Vana Network may attain $34 by 2025 and roughly $85 by 2030.
Furthermore, DeBridge (DBR) price recently hit its all-time excessive after a 30% bounce following its itemizing on Bithumb. Crypto listed in KRW pairs often witnesses a pump-and-dump. Besides, it additionally displays the sturdy affect of the top crypto exchanges amongst buyers. However, analysts count on the utility and rising adoption of those tokens to drive their worth increased, solidifying their market positions.
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