South Korea’s biggest exchange, Upbit, has decided to list BTC and USDT pairs for JasmyCoin and PolySwarm on November 20th. The listing comes as both coins have seen a surge in demand for the past year, with an upwards of 300% surge.
The news of the listing likely boosted the price of both coins. $NCT (PolySwarm) rose over 84% to trade at $0.03565. On the other hand, $JASMY (JasmyCoin) rose nearly 9% in the initial rally but then fell 1.4% to $0.02187.
Upbit Gives Trading Pair Details
According to the official announcement, the trading of both coins will come with a certain set of specifications. The crypto exchange said that about five minutes after trading support was launched, the buy orders will be prohibited.
Additionally, for about five minutes following trade support, sell orders will not allowed at prices lower than 10% of the closing price of the previous day. Also, for about an hour following trading support, market, and reservation orders are prohibited.
Upbit Lists Multiple Tokens For South Korean Markets
With a growing market of cryptocurrency in South Korea, Upbit has listed multiple tokens on the platform, giving a wide choice to its users.
Previously, Upbit formally declared that Drift Protocol (DRIFT) tokens would be listed with a number of trading pairs, including USDT, BTC, and KRW. Additionally, Upbit had listed the Korean Won trading pair for PEPE, a coin that is being adopted globally.
Most of these tokens that have been listed on Upbit, have had global recognition and a wide audience market making them alluring for a wide variety of traders.
$JASMY And $NCT Price: Technical Indicators Hint Bullish Turn
Both JASMY and NCT currently show signs of a future bullish trajectory. For JASMY, the Fear & Greed Index is currently at 90 (Extreme Greed), with the overall attitude being bullish.
Jasmy’s price volatility over the past 30 days was 8.90%, with 15 out of 30 (50%) days being green. The overall projection for Jasmy’s price forecast is optimistic, according to market data.
Of all the technical analysis indicators for JASMY, 26 indicate bullish signs, while 0 indicate bearish indications.
On the other hand, the present sentiment for NCT is bullish, according to market sentiments, and the Fear & Greed Index is at 90 (Extreme Greed).
Over the previous 30 days, PolySwarm had 12 out of 30 (40%) green days and 6.57% price volatility. With 29 technical analysis indicators indicating optimistic signals and one indicating negative signals, the overall sentiment for PolySwarm price prediction is bullish.