South Korean Doping for this Altcoin! Price Reacted!

Bithumb, South Korea’s second largest cryptocurrency exchange after Upbit, started the day with an altcoin announcement.

At this point, Bithumb announced that it will list the altcoin named Core (CORE).

“Today CORE will be added to the Korean Won market.

CORE transaction support:

Supported Market: Korean Won Market

Supported Network: Core (Deposits made through other networks are not supported.)

Deposit start: 24.06.2024 15:00

Transaction/Withdrawal Start: 24.06.2024 17:00″

Following the listing news, the CORE price increased by more than 8%. However, due to the bearish trend in Bitcoin and the overall market, the CORE price gave back the majority of its gains.

In the sharp decline experienced this morning, the leading cryptocurrency Bitcoin (BTC) fell to $ 62,170. While altcoins were also negatively affected by this decline in BTC, the largest altcoin Ethereum (ETH) dropped to $ 3,350.

What is Core?

CORE is a decentralized layer 1 DAO project and is compatible with EVM to run Ethereum dApps.

*This is not investment advice.

Source