Key Points
- Upbit will list the following pairs later today: BERA/KRW, BERA/BTC, BERA/USDT, JTO/BTC, JTO/USDT, SCR/BTC, and JTO/USDT.
- JTO and SCR prices spiked following the exchange’s announcement.
Earlier today, the largest crypto exchange in South Korea, Upbit, announced the listing of three projects: Berachain (BERA), Jito (JTO), and Scroll (SCR). JTO and SCR prices spiked following the exchange’s announcement.
Upbit Listing Details
Upbit announced the listing of BERA, supporting the KRW, BTC, and USDT markets at 9 PM, South Korean time, according to the official announcement.
Later today, Berachain launches its mainnet. The project is a new EVM-compatible L1 blockchain, with a new economic model.
Upbit also announced the listing of JTO and SCR, supporting the BTC and USDT markets. The listing is scheduled for 6 PM, South Korean time.
The two coins recorded price spikes following the exchange’s listing announcement.
JTO and SCR Prices Spiked
Earlier today, JTO price spiked from $2.72 to almost $2.88 following Upbit’s announcement.
After that, the price of the coin dropped to around $2.74, and it’s currently trading at $2.79. The coin has a market cap of over $811 million, at the moment of writing this article.
Jito Network is a major contributor to the Solana ecosystem via its JitoSOL liquid staking pool and its collection of MEV products.
SCR‘s price also spiked after Upbit announced its upcoming listing. SCR was trading at around $0.58, and surged to $0.7, following the exchange’s announcement. After that, the coin’s price dropped to $0.64, and it’s now trading at $0.66, up by over 13% today.
At the moment of writing this article, SCR has a market cap of over $126 million.
Scroll is an L2 scaling solution to enhance the Ethereum network’s efficiency and scalability. It uses the zkRollup technology, a method that plays an essential role in reducing transaction costs and improving throughput on Ethereum.
