Key Points
- Bithumb listed TURBO, MVL, and TOKAMAK, supporting the KRW market.
- Following the listing, MVL, TURBO, and TOKAMAK prices surged.
Bithumb, South Korea’s second-largest exchange, announced the listing of three KRW pairs today, Turbo (TURBO), MVL, and TOKAMAK Network (TOKAMAK).
The trading time for TURBO was scheduled for 6:30 PM, but it was delayed to 8:00 PM, South Korean time. MVL trading started at 6:00 PM and TOKAMAK at 8:00 PM after being initially scheduled for 6:00 PM.
The exchange’s official announcement stated that traders who trade MVL and TOKAMAK for two consecutive days will receive amounts of the two tokens.
Following the exchange’s announcement, the prices for MVL, TURBO, and TOKAMAK surged significantly.
TURBO, MVL, and TOKAMAK Prices Surged Following Bithumb’s Announcement
Following the exchange’s announcement, the price of MVL debuted a price rally from levels above $0.003 and peaked above $0.006.
At the moment of writing this article, MVL is trading above $0.005, up by almost 50% in the past 24 hours.
MVL is a coin on Ethereum and currently, it has a market cap of almost $142 million. Today, the team at MVL announced that they teamed up with BNB Chain, which is a top 5 blockchain network that boasts over 4 million daily active users. The move contributed to today’s price surge for the token.
According to their X announcement, the team at MVL said that this partnership perfectly aligns with the project’s mission to accelerate Web3 mass adoption.
Regarding TURBO‘s price, earlier today, following Bithumb’s announcement, the coin saw a surge from $0.008 levels to over $0.01. At the moment of writing this article, TURBO is trading at $0.009, up by 2% in the past 24 hours.
The team at Turbo claims that their token is the first AI-generated memecoin. Now, the token has a market cap of over $634 million.
Regarding Tokamak Network (TOKAMAK), the coin’s price surged from $1.24 today, peaking above $2,65, following Bithumb’s announcement.
At the moment of writing this article, TOKAMAK is priced at $2.15, up by over 70% today. The coin now has a market cap above $94 million.
Tokamak Network is an L2 protocol that boosts interoperability, scalability, functionality, and usability, while the security and data availability are guaranteed by Ethereum.
