Key Points
- Upbit lists FLOCK and FORT, supporting the BTC and USDT markets.
- The exchange will also add KRW and USDT trading pairs for LPT and POKT, supporting the KRW market.
- All four digital assets recorded price spikes following the announcement.
On May 30, the biggest crypto exchange in South Korea, Upbit, announced the launch of trading pairs for four digital assets:
- Flock.io (FLOCK) – A decentralized AI collaboration platform
- Forta (FLOCK) – A decentralized security infrastructure network
- Pocket Network (POKT) – A decentralized blockchain data platform
- Livepeer (LPT) – A fully decentralized live video streaming network protocol
Here are the in-depth details of Upbit’s new listings.
Upbit’s Details on May 30 Token Listings
In an official announcement on May 30, Upbit revealed the launch of FLOCK and FORT, supporting the BTC and USDT markets.
The trading pairs for FLOCK were scheduled for launch at 15:00, South Korean time, and the ones for FORT were scheduled 16:00, South Korean time.
In a separate announcement, Upbit revealed the launch of LPT, supporting the KRW and BTC markets at 17:00, South Korean time. The exchange also announced the launch of POKT/KRW trading pair at 19:00, South Korean time.
All four digital assets experienced significant price surges following the exchange’s announcements.
FLOCK, FORT, LPT, and POKT Prices Spiked
Here are the price trajectories for all four digital assets.
FLOCK Price Action
FLOCK was trading at $0.08 levels with a market cap of over $15 million, and its price spiked by almost 28% following Upbit’s announcement.
The coin’s price continued its ascendant trajectory, topping $0.13 and reaching a market cap of over $24 million. FLOCK is up by over 50% in the past 24 hours.
FORT Price Action
FORT was trading at approximately $0.06 with a market cap of over $38 million, ahead of Upbit’s annoucnement. Following the listing notes from the exchange, FORT’s price jumped by over 1.6%, hitting prices over $0.07 and a market cap of over $40.8 million before cooling off to current levels.
At the moment of writing this article, FORT is trading above $0.07 with a market cap of over $40 million.
LPT Price Action
LPT was trading at approximately $5.3 with a market cap of over $217 million, and it spiked by over 28% immediately following Upbit’s announcement, reaching $6.76. The digital asset’s price continued to surge, hitting current levels above $7,7 and a market cap of over $317 million.
The coin is up by over 37% in the past 24 hours.
POKT Price Action
POKT was trading at around $0.01 levels with a market cap of over $25 million, and its price jumped by over 280% after Upbit announced its upcoming listing.
At the moment of writing this article, POKT is trading above $0.04 and has a market cap of over $91 million.
POKT is up by over 256% in the past 24 hours.
