6 New Upbit Listings Fuel 30% Moves for Select Altcoins
Traders delivered a split verdict on Monday's new Upbit listings. Cysic (CYS) jumped 32% even as Upbit delayed its debut. Anoma (XAN) fell 38%, forcing an emergency cut to its minimum sell price.
South Korea's largest exchange announced the six additions early Monday, then delayed the launch twice to 8 p.m. Korea time. The uneven reaction points to selective demand for compute and AI tokens rather than a broad listing rally.
A Chaotic Debut With Two Delays and Emergency Rule Changes
Upbit added Cysic, Impossible Cloud Network (ICNT), Anoma, OpenEden (EDEN), AIOZ Network (AIOZ), and Allora (ALLO) in a notice posted Monday morning. All six trade against Bitcoin (BTC) and Tether (USDT).
Trading was set for 2 p.m. Korea time but slipped to 5 p.m., then 8 p.m. Upbit then postponed the CYS launch outright, citing errors on the project's bridge page and thin liquidity.
Minutes before the rescheduled open, the exchange also cut XAN's minimum sell price to 0.01275 USDT. Sell orders more than 10% below that reference stay blocked for the first five minutes of trading.
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