Bithumb, one in every of South Korea’s main crypto exchanges, has listed Zircuit (ZRC) on its platform. Following the announcement, Zircuit’s worth surged by 35%, reflecting sturdy investor curiosity. The itemizing has additionally sparked a big improve in buying and selling quantity, highlighting the rising consideration in direction of this Layer 2 community with modern options and sturdy safety protocols.
Zircuit Price Surges After Bithumb Listing Announcement
On January 13, Bithumb announced the itemizing of Zircuit on its platform. The token might be accessible for buying and selling within the KRW pairs, with deposits and withdrawals beginning inside two hours of the announcement. Trading is scheduled to start at 4:00 PM on January 13, with a base worth set at 98.79 gained.
This main itemizing has pushed Zircuit worth up by 35%, reflecting sturdy market enthusiasm. As one of many fastest-growing Layer 2 networks with a complete worth locked (TVL) of $2 billion, Zircuit combines superior options like AI-enabled sequencer-level safety and sturdy on-chain efficiency.
Arthur Hayes, co-founder of BitMEX and a well known determine within the crypto neighborhood, usually shares insights and predictions relating to cryptocurrency markets. His publish referenced the numerous occasion of the ZRC itemizing, which may affect market dynamics.
Zoom zoom https://t.co/12Zpf7sqx5
— Arthur Hayes (@CryptoHayes) January 13, 2025
The trade choice to listing ZRC underscores its confidence in Zircuit’s ecosystem and potential. With extra accessibility for world buyers, this itemizing may speed up adoption and solidify Zircuit’s place as a pacesetter within the blockchain trade.
ZRC Airdrop Event Following Listing Announcement
Following the announcement of Zircuit’s itemizing, Bithumb has launched an thrilling airdrop occasion to rejoice the addition of ZRC KRW pairs. The occasion invitations customers to commerce the token for 2 consecutive days and rewards them with a share of seven,500,000 ZRC.
How to Participate within the Airdrop Event
To take part, customers should commerce the token for 2 consecutive days between January 13 and January 14. All eligible members will obtain an equal share of the whole 7,500,000 tokens, with rewards distributed on February 4. For occasion, if 10,000 contributors participate, every will obtain 750 ZRC (roughly 74,000 gained, primarily based on the usual worth).
More Details About the Event
Participation is open even when customers have joined different occasions by Bithumb. However, contributors partaking in suspicious actions, equivalent to worth manipulation, might be excluded. Only verified prospects are eligible, and the occasion’s phrases might change relying on Bithumb’s discretion.
Trading Rules and Regulations on Bithumb
Bithumb has applied strict guidelines to make sure a secure buying and selling surroundings for Zircuit to forestall drastic worth fluctuations. Buying orders are restricted for the primary 5 minutes after buying and selling begins. Additionally, the trade restricts promoting orders throughout the identical interval, stopping costs from falling greater than 10% or rising above 100% of the usual worth.
Furthermore, deposits and withdrawals of ZRC will solely be supported by means of networks formally acknowledged by the trade. Users ought to train warning when transferring belongings, as deposits through unsupported networks is not going to be processed. These measures goal to supply a safe buying and selling surroundings and keep market stability throughout ZRC’s preliminary buying and selling part.
ZRC Price Action
Following the itemizing announcement, ZRC worth surged 35%, now buying and selling at $0.0763. The token’s 24-hour high and low are $0.06595 and $0.08067, respectively. At the time of writing, ZRC boasts a market cap of $113 million, with buying and selling quantity leaping 51% to succeed in $44 million.
Listings on main exchanges drive worth spikes. They give extra merchants and buyers entry to the coin. The elevated liquidity and publicity enhance market exercise, fueling additional curiosity. Zircuit’s worth surge mirrors Filecoin’s rally, because the latter gained 12% after Bithumb introduced its itemizing.
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