The upcoming Upbit Developer Conference (UDC) has sparked speculation that the major Korean exchange could soon list several new crypto assets.
Upbit is one of the largest exchanges globally, with a heavy Korean userbase. Getting listed there provides a major liquidity boost for smaller altcoins seeking to expand their reach.
According to on-chain analytics provider Lookonchain, at least 20 blockchain projects participating in UDC have direct ties to potential new listings.
Lookonchain analyzed the conference participants and compiled the below table of tokens that could benefit:
|Token||Symbol||BTC Pair||KRW Pair|
Some standout names include Astar, Neo, Gas, and IoTex. These assets currently lack key trading pairs on Upbit against the Korean Won or Bitcoin – suggesting they are prime candidates to get added.
Past conferences have led to surprise announcements of new token listings from Upbit. With Korean traders eager for more assets, UDC provides the perfect stage for unveiling support.
Getting added to Upbit would allow the tokens to tap into a new pool of liquidity from South Korean traders. The ease of access typically translates into a immediate jolt in the prices of newly listed coins.
Other blockchain projects sponsoring or featured at UDC that could benefit include The Sandbox, Hedera Hashgraph, Harmony, and Theta Network. Upbit’s owner, Dunamu is also behind the Klaytn blockchain, likely guaranteeing it top billing at the event.
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With altcoins already pumping, being targeted by Korean traders could kick off even more exuberant rallies. The news underscores the outsized influence that exchanges wield in crypto, where a single listing can set off fireworks for a token’s price and trajectory.
For investors, identifying potential new listings ahead of time provides an edge. Conference schedules and exchange partnerships offer clues for which assets may get the coveted boost next.
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