
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.
Don’t miss future developments—subscribe to our Crypto Long & Short Newsletter for the latest updates.