Upbit Lists 4 Altcoins: Price Surge & Analysis
Upbit Lists Four Altcoins, Sparking Price Surges
Upbit, South Korea's leading cryptocurrency exchange by trading volume, recently listed four altcoins: FLOCK.io (FLOCK), Forta (FORT), Pocket Network (POKT), and Livepeer (LPT). The listing immediately impacted prices, with several tokens experiencing substantial gains.
Listed Tokens and Trading Details
Trading began on May 30th, 2025, across various pairs (BTC, USDT, KRW) and networks (Base, Ethereum, Pocket Network). Specific launch times (KST):
- 15:00: FLOCK (BTC/USDT pairs via Base Network)
- 16:00: FORT (BTC/USDT pairs via Ethereum Network)
- 17:00: LPT (KRW/USDT pairs via Ethereum Network)
- 19:00: POKT (KRW pair via Pocket Network)
Upbit emphasized the importance of verifying the correct network before depositing assets, warning against unsupported networks.
Market Reaction: Significant Price Increases
The impact was immediate. POKT saw the most dramatic increase, surging over 592% shortly after the announcement, boosting its market capitalization from approximately $25 million to $97 million. While gains cooled, POKT remained up an impressive 397.9% at the time of writing.
FLOCK saw a 30.9% increase, LPT climbed 29.5%, and FORT experienced a more modest 2.3% gain after an initial surge.
Exchange Listings and Market Volatility
This event follows a pattern of significant market reactions to Upbit listings. The listing of other tokens on Upbit in the past week also resulted in substantial price increases, highlighting the influence of major exchanges on altcoin markets.
Disclaimer: This information is for educational purposes only. Conduct your own research before making any investment decisions. Codeum provides blockchain security and development services including smart contract audits, KYC verification, and custom DApp development. Partnering with us minimizes risks associated with market volatility.