Solana

Ponke

Raydium

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bithumb-lists-raydium-and-ponke-tokens-with-significant-price-increases/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bithumb Lists Raydium and Ponke Tokens with Significant Price Increases</a> 
Bithumb, the largest <a href="https://en.coin-turk.com/investors-buy-cryptocurrency/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a> exchange in South Korea, announced the listing of Raydium (RAY) and Ponke (PONKE) tokens against KRW trading pairs. Following this announcement, the price of RAY increased by 10%, while PONKE saw a 20% rise. Both tokens attracted significant interest from users.
<h2 style="text-align: justify" id="strong-raydium-and-ponke-listed-on-bithumb-strong">Raydium and Ponke Listed on Bithumb</h2>
On November 19, Bithumb revealed it had added Raydium and Ponke tokens to its platform. This listing allows Solana -based projects to reach a broader investor audience. Users initiated deposit transactions for RAY and PONKE within three hours of the announcement. Trading support will officially begin on Tuesday at 17:00 KST.
The exchange implemented temporary restrictions to ensure trading security. During the first five minutes, only sell orders were permitted, with sale prices limited to a range of -10% to +100% of the base price. Subsequently, automatic orders were activated to facilitate a controlled market entry for the tokens. These measures were essential to prevent speculative fluctuations in token prices.
<h2 style="text-align: justify" id="strong-market-performance-of-raydium-and-ponke-strong">Market Performance of Raydium and Ponke</h2>
After listing on Bithumb, Raydium reached $5.90, representing a 10% increase. The token’s price fluctuated between $5.519 and $6.144 over the past 24 hours. With a trading volume of $173 million, Raydium’s market capitalization reached $1.73 billion, highlighting the growing visibility of projects within the Solana ecosystem.
Similarly, Ponke token gained 20% in value post-listing. Currently trading at around $0.80, Ponke fluctuated between $0.68 and $0.84 within 24 hours. Its trading volume was reported at $115 million, with a market cap of $456 million, showcasing the positive impact of the Bithumb listing on investors.
Listings on major <a href="https://en.coin-turk.com/okx-expands-services-in-australia/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency exchanges</a> significantly contribute to price increases and visibility for tokens. The 80% increase in the value of the BAN token listed on <a href="https://en.coin-turk.com/binance-resolves-crypto-withdrawal-issue/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Binance</a> Futures exemplifies this effect. The success of Raydium and Ponke indicates a growing global interest in projects within the Solana ecosystem.
Market participants believe that support from major exchanges plays a crucial role in the future of cryptocurrency assets. These listings have the potential to create a stronger investor base for Raydium and Ponke.
The post <a href="https://en.coin-turk.com/bithumb-lists-raydium-and-ponke-tokens-with-significant-price-increases/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bithumb Lists Raydium and Ponke Tokens with Significant Price Increases</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.

Bithumb Lists Raydium and Ponke Tokens with Significant Price Increases

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