SIGN Token Sees 60% Surge Following Upbit Listing
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SIGN Token Sees 60% Surge Following Upbit Listing

The SIGN token experienced a significant 60% increase after its listing on the Korean exchange Upbit, despite a slow start on Binance.

Overview

SIGN token, associated with its namesake’s multi-chain identity protocol, surged by 60% after being listed on Upbit on Tuesday. This is comparable to its initial trading on Binance, where it was the first project selected for the Binance Alpha campaign.

Trading Highlights:

  • SIGN’s price increased from $0.08 to $0.129 with Upbit’s announcement.
  • A significant rise in trading volume from $402 million to $898 million occurred post-listing.
  • Similar trends have been noticed with other tokens, such as FIL which rose 30% earlier in the month due to an Upbit listing.

Market Reactions

Initially, trading on Binance was subdued, fluctuating between $0.06 and $0.08, before increasing post-Upbit listing. The excitement appears to align with a broader trend of Korean exchanges influencing token valuations.

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