Moonbeam (GLMR) Token Surges By +44% Following Listing Announcement From Upbit Exchange

By Nilesh Hembade 25-Sept-2023 7:05 AM GMT

Moonbeam (GLMR) Token Surges By +44% Following Listing Announcement From Upbit Exchange

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 Introduction:

Moonbeam, the Ethereum-compatible smart contract parachain on Polkadot, has taken the crypto world by storm with a remarkable surge in the price of its native cryptocurrency, the $GLMR token. This surge, amounting to an impressive +44% in the last 24 hours, was ignited by the recent announcement from Upbit Korea exchange.

As of the latest data available, the GLMR token is currently trading at $0.2417 with a market capitalization of $180 million. This substantial increase in value has captured the attention of both cryptocurrency enthusiasts and investors, prompting speculation about the potential for further gains.

The excitement surrounding Moonbeam and its GLMR token reached new heights when Upbit Korea exchange declared its intention to list the token on their platform.

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Upbit Korea Exchange Listing Moonbeam (GLMR)

Upbit Korea exchange officially confirmed today that they will be listing Moonbeam’s GLMR token, providing a significant boost to the token’s liquidity and accessibility in the Korean market. This news comes as a validation of Moonbeam’s growing popularity and the faith investors have in its potential.

The trading for GLMR on Upbit Korea will commence on September 25, 2023, at 18:00 KST (Korean Standard Time). The GLMR token will be available for trading against Bitcoin (BTC) in the BTC market on the Upbit platform

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This listing on Upbit Korea is expected to not only increase the trading volume and liquidity for GLMR but also introduce Moonbeam to a wider audience of Korean cryptocurrency enthusiasts and traders. It could potentially serve as a catalyst for further adoption and growth in the Moonbeam ecosystem.

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Disclaimer:

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Nilesh
Written by
Nilesh
Crypto journalist and analyst covering blockchain, DeFi, and digital asset markets at CoinsProbe.
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