The morning activity in the cryptocurrency markets began with a new altcoin announcement made by Upbit, one of the largest exchanges in South Korea. Upbit announced that it will list the altcoin called “Cat in a Dogs World” (MEW) on USDT and BTC trading pairs. This development attracted great interest among cryptocurrency investors and caused a significant increase in the price of MEW in a short time.
MEW is listed on Upbit
Upbit announced that it will add MEW to the exchange’s USDT and BTC markets as of September 19, 2024. The statement states that MEW will be traded on the Solana network. However, investors are reminded that they should carefully check the network when making MEW deposits and withdrawals. It is stated that transactions made on networks other than Solana are not supported. Thus, it is emphasized that users should avoid possible erroneous transactions.
Immediately after this news, the value of MEW increased by 27.31% according to CoinMarketCap data. Because the altcoin reached $ 0.005429. Investors increased demand for MEW after the new listing announcement, contributing to the upward momentum of the price. Listing altcoins on new exchanges usually causes a short-term increase in their prices. MEW, which is listed on a large and reliable platform like Upbit, also followed this trend and gained significant value.
Market experts state that such announcements especially increase liquidity and attract the attention of investors. Upbit’s decision to list MEW was also a development that attracted the attention of cryptocurrency investors. How long this rapid rise will continue will depend on the general situation in the market and MEW’s projects. Although altcoin projects usually experience short-term increases after listing news, long-term success depends on the project’s development of innovative technologies and community support.
Neiro (NEIRO) and Tora Inu (TORA) are listed
Apart from MEW, listing news for other altcoins also came to the agenda on September 19, 2024. Bitrue exchange announced that it listed the altcoin Neiro (NEIRO) with the USDT trading pair. On the same day, BitMart exchange also opened Neiro for trading in USDT parity. After these listings, Neiro’s performance became a matter of curiosity. On the other hand, investors are closely following how this new altcoin will attract attention on the exchanges.
Tora Inu (TORA), another popular altcoin other than Neiro, was also listed on the AscendEX exchange. AscendEX announced on the morning of September 19 that TORA was opened for trading. This listing announcement is also being welcomed by TORA investors. Because the market movements of the altcoin have started to be followed closely.
Altcoin listings came from FameEX and ByBit
On the other hand, FameEX exchange added another altcoin called Jose (JOSE) to its platform. No price movement has been reported for JOSE after this announcement. Nevertheless, investors have started to follow this new listing with curiosity. ByBit exchange announced that the altcoin called Hamster Kombat (HMSTR) will be listed on September 26, 2024. The listing announcement of this altcoin has already entered the radar of investors. Thanks to ByBit’s large user base, whether HMSTR will gain value after the listing is a matter of great curiosity in the market.
To stay up-to-date with the breaking news, follow us on Twitter, Facebook, and Instagram. Join our Telegram and YouTube channel
