Crypto:
36638
Bitcoin:
$91.365
% 2.13
BTC Dominance:
%58.7
% 0.02
Market Cap:
$3.13 T
% 1.20
Fear & Greed:
28 / 100
Bitcoin:
$ 91.365
BTC Dominance:
% 58.7
Market Cap:
$3.13 T

Upbit Launches Two New Coins, Exciting Investors!

upbit

Upbit users now have access to new trading opportunities in the crypto market. The South Korea-based exchange announced that INFINIT (IN) will be tradable in BTC and USDT markets, while B3 (B3) will be available only in the USDT market. Following the announcement, both tokens experienced noticeable price movements.

Price Movements Observed in INFINIT (IN) Market

The addition of new trading pairs for INFINIT (IN) attracted increased investor interest. Shortly after the announcement of trading availability in BTC and USDT markets, the token experienced short-term price fluctuations. Analysts note that such new listings often boost trading volume and volatility, creating short-term trading opportunities.

Investors can trade INFINIT (IN) using both spot BTC and the stablecoin USDT. This variety allows users to employ different strategies when trading the token.

Impact of USDT Market on B3 (B3) Token

B3 (B3) will be tradable only in the USDT market. Following the announcement of its listing, the token experienced a sudden price spike and increased volatility. As investors explored short-term trading opportunities, market volume also rose significantly.

Analysts note that while trading new tokens like B3 in stablecoin pairs such as USDT can help maintain some price stability, volatility is often high during the first few days after listing.

Investor Perspective and Market Strategies

Upbit’s move provides investors with new buying opportunities and a chance to diversify their portfolios. The market performance of INFINIT and B3 tokens offers short-term traders potential profit opportunities, while long-term investors should focus on the fundamental value of the tokens.

On-Chain data and trading volume Insights Analysis of on-chain data and trading volumes shows that investors quickly take positions in new listings, often causing significant price fluctuations immediately after announcements.

Upbit Listings Boost Market Activity

The introduction of trading support for INFINIT and B3 tokens led to instant price movements and increased trading volume. This development underscores the importance for crypto investors to closely monitor new exchange listings. By doing so, they can strategically evaluate short-term performance and adjust their portfolios accordingly.

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