The Upbit exchange announced the listing of BIGTIME and Akash (AKT) this morning. The two coins surged after the announcement. Akash saw a price of $6.75, up more than 63%. BIGTIME, which recorded a more limited rise, reached over $0.26.
In the exchange’s announcement, it was noted that BIGTIME token will be listed in Bitcoin and USDT parity, while AKT will be listed in Bitcoin and USDT as well as Korean won.
South Korea, one of the most aggressively traded countries in the world, especially in terms of altcoins, plays a leading role in the sharp increase in the volumes of some coins.
In the country, where positive steps have recently been taken on Web3, many small and medium-sized exchanges had to close 2 years ago due to the harsh regulations imposed.