South Korea’s leading cryptocurrency platform Bithumb announced today that a new altcoin project will be listed. The altcoin to be listed is CORE. Bithumb stated that users can start trading CORE using South Korean Won (KRW) from today.
CORE Trading Details
Bithumb will begin accepting deposits for CORE on June 24, 2024, at 09:00 Turkey time. Withdrawals and trading will start two hours later at 11:00. The exchange announced that the base price of CORE is set at 1,840 KRW.
CORE is a decentralized Layer-1 DAO project fully compatible with the Ethereum Virtual Machine (EVM). This compatibility allows CORE to run Ethereum decentralized applications (dApps). CORE’s primary goal is to build a robust Web3.0 infrastructure and incentivize developers to create dApps on its network by offering rewards.
The CORE Mainnet uses the Satoshi Plus algorithm, which integrates Delegated Proof of Stake (DPoS) and Delegated Proof of Work (DPoW) to enhance the network’s security and sustainability. CORE serves as the native token within the ecosystem, facilitating various functions such as payments, staking, and governance.