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Upbit's Pendle Listing Spurs 30+% Price Hike

Upbit’s Pendle Listing Spurs 30+% Price Hike

byAnushka Basu
August 6, 2024
in Cryptocurrency News

Large South Korean cryptocurrency exchange Upbit listed Pendle (PENDLE) on August 6, 2024. PENDLE trading: PENDLE Markets is lined up to be listed on the KRW and BTC markets, specifically over an Ethereum network. Upbit further advised users, “Be sure to check the network before depositing digital assets. Deposits and withdrawals via networks other than those specified are not supported.” 

The post-listing announcement, PENDLE saw the price of its tokens appreciate up to 33% at times and showed markers of positive market sentiment as investors began putting money into trading. Currently PENDLE is worth $2.70 and its trading volume has increased by 99.81% in the last 24 hours. 

South Korean cryptocurrency exchange Upbit

Upbit has now opened the gates to more traders and investors for Pendle (PENDLE), strengthening its place in the crypto space. This listing of PENDLE on Upbit is part of their commission-free stock trading app’s strategy to broaden its product line, offering customers a variety of digital assets they can trade for investment.

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Anushka Basu

Anushka Basu

Anushka Basu serves as a crypto price analyst and news reporter. With a strong focus on price analysis and market trends, Anushka excels at conducting comprehensive research and analysis for various cryptocurrencies. Having coordinated PR efforts and aided journalists from esteemed publications like Business Insider and Fox Television, she adeptly shares a specialized understanding of digital currency and the DeFi industry.

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