South Korean cryptocurrency exchange Upbit is expanding its USDT market by adding 12 new cryptocurrency tokens to its listings. One of the tokens saw its price skyrocket by almost 300% after its launch.
According to Upbit warningThe crypto exchange will add a set of cryptocurrencies to its USDT (USDT) trading pairs. Among the new additions, some of them are Adventure Gold, MultiversX, Filecoin, Stellar Lumens, Lumiwave and Near Protocol.
One of the newly listed tokens, Adventure Gold or AGLD, saw its price jump 288% eight minutes after its launch on Upbit, according to data from <a target="_blank" href="https://dexscreener.com/ethereum/0x32353a6c91143bfd6c7d363b546e62a9a2489a20″ target=”_blank” rel=”nofollow”>DEX Analyzer. AGLD is currently trading at $2.45. In the last 24 hours of trading, the token is up 64.64%.
Meanwhile, the other 11 newly listed crypto assets have not seen many positive changes before their listings on Upbit or after launch, according to data collected from CoinGecko.
<img decoding="async" width="1024" height="433" src="https://crypto.news/app/uploads/2024/11/dexscreener.com_AGLD_WETH_2024-11-13_16-29-29-1024×433.png” alt=”AGLD Soars 288% After Upbit Launches 12 New crypto Tokens Nov 13-1″/>
Other cryptocurrencies added to Upbit's USDT trading market include Ahatoken, Alpha, ASTR, Bancor, Orchid, and RADWORKS. The 12 crypto tokens will be available on the crypto exchange's USDT trading market starting November 13 at 16:30 KST.
These assets are based on several networks, including ethereum, Luniverse, Astar Network, MultiversX, Filecoin, Sui, NEAR Protocol, and Stellar Network.
AGLD is the native token of Loot for Adventures, an nft project that creates a list of 8,000 text-based virtual fantasy adventurer teams and stores them on the blockchain. An nft Loot is a virtual bag containing a list of equipment. The AGLD token is used for governance purposes in the ecosystem.
According to the announcement, Upbit will limit buying orders to around five minutes after trading support. Additionally, selling prices are restricted to less than 10% of the previous day's closing price for five minutes after trading support.
Upbit also informed users that all order types except limit orders will be restricted for one hour after trading support begins.
