South Korea’s largest cryptocurrency exchange by trading volume, UpBit, has announced that it will list Big Time (BIGTIME) and Akash Network (AKT). The listing announcement triggered a sharp rise in the prices of these two altcoins.
UpBit to List Big Time and Akash Network
In a move to expand trading options for its users, the South Korea-based giant cryptocurrency exchange UpBit announced that trading for Big Time and Akash Network will start soon. BIGTIME will be listed in trading pairs with Bitcoin (BTC) and Tether (USDT), while AKT coin will be listed in trading pairs with Bitcoin and the US dollar.
UpBit’s decision to list BIGTIME and AKT reflects its commitment to meeting the evolving needs and preferences of its user base. The cryptocurrency exchange operates with the goal of providing users with a wide variety of trading pairs, offering more options and convenience in cryptocurrency trading transactions.
BIGTIME and AKT Experience Sharp Price Increases
As expected, UpBit’s listing announcement led to a sharp increase in the prices of BIGTIME and AKT. According to data provided by the crypto data and price platform CoinMarketCap, BIGTIME rose by up to 25%, reaching $0.25. The price increase was accompanied by a significant increase in trading volume, which rose by 314% to over $56 million. At the time of writing, BIGTIME has slightly pulled back, trading at $0.2489.
Similarly, AKT also saw a sharp rise following UpBit’s listing announcement. Altcoin surged by up to 65%, reaching $6.71, marking a strong increase.
Along with the price, the trading volume also sharply increased. AKT’s trading volume rose by 871%, surpassing $36 million. After this strong surge, the altcoin has slightly pulled back, trading at $6.56.