South Korea’s leading cryptocurrency exchange Upbit announced that it will list the CARV (CARV) token in KRW, BTC, and USDT pairs on October 15, 2024. On the same day, US-based Coinbase also announced that it will add the altcoin project Degen (DEGEN) to its platform. In addition, various cryptocurrencies continue to be listed on different exchanges, indicating the activity and expansion in the crypto ecosystem.
Altcoin price increases with CARV (CARV) listing on Upbit
Upbit is listing the CARV token in the KRW (Korean Won), BTC (Bitcoin), and USDT (Tether) markets. Transactions will begin at 15:00 on October 15. According to the exchange’s official announcement, CARV deposits will be active two hours after the announcement. However, users need to carefully check the network approvals during deposits, as a wrong transaction can lead to both loss of time and financial loss. With the listing of the CARV token, Upbit has introduced some trading restrictions. These restrictions aim to ensure that trading on the platform proceeds healthily and to keep potential losses of users to a minimum.
After Upbit’s announcement, the CARV token gained 51% in value in just 10 minutes. Its price rose from $ 0.892 to $ 1.35, but then there was a significant drop. As of now, CARV is trading at $ 1.19. CARV stands out as a data layer protocol focused on gaming and artificial intelligence. This protocol aims to collect and bring together user data from various platforms and provide a decentralized data layer solution. CARV is used in governance and auxiliary functions within the ecosystem. This listing by Upbit shows that projects in the field of gaming and artificial intelligence are increasingly finding a place in the crypto world.
The listing of DEGEN (DEGEN) on Coinbase also sent the coin price skyrocketing
Coinbase, one of the largest cryptocurrency exchanges in the US, announced that it has added an altcoin called DEGEN to its platform. DEGEN tokens can be transferred to the exchange via the Base network. However, it is emphasized that users should be careful when transferring from different networks, as choosing the wrong network can cause transactions to fail. Although DEGEN will not be supported in some jurisdictions, trading will begin at 19:00 CET when sufficient liquidity is provided. Users will be able to trade DEGEN in USD parity.
Following this announcement, DEGEN price increased slightly, according to CoinGecko data. In the last 24 hours, it increased by 20% from $0.00994 to $0.0118. However, this increase was short-lived and the token’s price pulled back slightly. This listing news shows that Coinbase continues to add more diverse projects to its platform and offers its users a wide range of investment options. The popularity of projects like DEGEN continues to increase the activity and demand in the cryptocurrency markets.
There are also cryptocurrency listings on other exchanges
As of October 15, 2024, various token listings have taken place among cryptocurrency exchanges. Bitrue listed the Puffer (PUFFER) token, while LBank listed the Target Coin (TGT) token. In addition, the listing of Bullieverse ($BULL) and PussyCat (PUSS) tokens was announced on the AscendEX exchange. The BingX exchange announced that it listed the MCOIN (MCOIN) token with the MCOIN/USDT pair. Similarly, the MEXC Global exchange listed the Vitreus (WVTRS) token with the WVTRS/USDT pair.
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