SIGN Soars 60% After Upbit Listing Despite Slow Start on Binance
Oliver Knight | Edited by Shaurya Malwa Updated April 29, 2025, 1:04 pm Published April 29, 2025, 10:04 am
SIGN, a token linked to a multi-chain identity protocol of the same name, surged 60% on Tuesday after its listing on Korean exchange Upbit.
The listing follows the token’s launch on Binance, where it became the first project selected by the Binance Alpha program.
Binance initially saw low trading activity, with prices ranging from $0.06 to $0.08. A listing on Upbit pushed the price to $0.129 before it fell back to $0.11.
Trading volume also increased from US$402 million in the 24 hours before the Upbit listing announcement to US$898 million, indicating significant interest from Korean traders.
The move is in line with a broader trend surrounding listings on Korean platforms: earlier this month, filecoin (FIL) surged 30% after appearing on Upbit and seeing a similar increase in trading volume.
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