1d ago
Bithumb launches $IN $DOOD $YB spot trading
As the second largest cryptocurrency exchange in South Korea, BithumbOfficial's new coin launch announcements often attract market attention. The launch of spot trading pairs for IN, DOOD, and YB marks the mainstream recognition of these emerging assets. IN may refer to a specific protocol token, DOOD originates from the popular NFT project Doodles, while YB is the governance token of the Bitcoin-native yield protocol Yield Basis.
This decision could enhance the liquidity of these tokens, especially among Korean investors. Historical data shows that after BithumbOfficial listings, token prices have averaged an increase of over 9%, potentially stimulating a surge in trading volume in the short term.
In the current market environment, the influence of South Korean exchanges is growing, driving the arrival of the Altcoin season. Investors need to be cautious of volatility; while such events are favorable, they may also be accompanied by rapid pullbacks.
Overall, this announcement strengthens BithumbOfficial's positioning in the DeFi and NFT sectors, aiding the diversified development of the ecosystem.
DJDOG is rebranding to KeyPro (HashKey Pro Team).
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