Ethereum

Nervos Network

Beam

Ethereum Name Service

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/upbit-lists-nervos-networks-ckb-token-sparking-market-surge/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Upbit Lists Nervos Network’s CKB Token, Sparking Market Surge</a><br></p>
<p style="text-align: justify">Upbit, one of South Korea’s leading digital asset trading platforms, has announced the listing of Nervos Network’s native <a href="https://en.coin-turk.com/rise-of-meme-coins-raises-concerns-over-offensive-content/" data-wpel-link="internal" rel="noopener noreferrer nofollow">token</a>, CKB. This announcement coincided with an 18% increase in the token’s value over the past 24 hours, significantly boosting its market capitalization and trading volume.</p>
<h2 id="announcement-of-ckb-listing">Announcement of CKB Listing</h2>
<p style="text-align: justify">Upbit declared that CKB will begin trading on September 13. The platform confirmed that deposits and withdrawals can be made to a personal wallet address that has completed “ownership verification.” It also warned that incorrect transfer attempts may require refunds, urging investors to proceed with caution.</p>
<h2 id="market-regulations">Market Regulations</h2>
<p style="text-align: justify">Following the listing of CKB, the market will implement restrictions on purchase orders to counter severe fluctuations, limiting them to five-minute intervals. Additionally, sell orders will be capped at 10% or less than the previous day’s closing price. Trading activities, including market price and pre-order transactions, will also be restricted for about an hour post-listing.</p>
<p style="text-align: justify">Currently, Nervos Network (CKB) is trading at $0.0106, witnessing an 18.8% increase, with its trading volume rising by 589.60% to reach $119 million. Its market capitalization stands at $475 million, making it the 115th largest <a href="https://en.coin-turk.com/investors-anticipate-crypto-market-growth-with-ftx-refunds/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a> on CoinMarketCap. Since last September, CKB has shown a remarkable increase of 301.90%.</p>
<p style="text-align: justify">Upbit aims to increase its trading volume by listing multiple <a href="https://en.coin-turk.com/anonim-crypto-analyst-warns-of-potential-decline-in-loom-network-loom-as-altcoin-surge-ends/" data-wpel-link="internal" rel="noopener noreferrer nofollow">altcoins</a> this year. Recent additions include Beam (BEAM) in May and Ethereum Name Service (ENS) in July. The platform has also started trading tokens like BIGTIME, UXLINK, and Aether’s ATH, highlighting its expansion strategy.</p>
<p style="text-align: justify">Analysis of CKB’s price movements indicates a Relative Strength Index (RSI) of 67.96, showing that bulls are maintaining control over the token’s price. However, if the RSI touches overbought levels, investors may choose to realize their gains.</p>
<p>The post <a href="https://en.coin-turk.com/upbit-lists-nervos-networks-ckb-token-sparking-market-surge/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Upbit Lists Nervos Network’s CKB Token, Sparking Market Surge</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Upbit Lists Nervos Network’s CKB Token, Sparking Market Surge

Table of Contents

COINTURK NEWS

Other articles published on Sep 13, 2024

MicroStrategy adds 18,300 Bitcoin, now holds $14.14B worth of BTC

Binance Announces Hamster Kombat (HMSTR) Token on Launchpool Starting September 19

IntelMarkets Leads the Trading Power Shift, ASI Launches on Cardano As Solana Set for Rebound

eToro Pays $1.5M SEC Fine, Limits US Crypto Trading to BTC, BCH, ETH

Shiba Inu Burning Slow: Can SHIB Price Break $0.000015?

Bitmain’s 75% Market Share Faces New Competitors in ASIC Manufacturing

Join our free newsletter for daily crypto updates!