BounceBit and SKALE Skyrocketing after Bithumb Announces Listing
Bithumb, South Korea’s second-largest crypto exchange, has listed Korean won trading pairs for BounceBit (BB) and SKALE (SKL), driving notable gains in the past 24 hours.
According to the announcement, Bithumb will list the Korean won trading pairs of BB and SKL on November 27 at around 20:00 local time. Investors will have increased exposure to these altcoins, which is evident from the surge in the trading volume of these tokens in the past 24 hours. It is important to note that the holders of these tokens can transfer their assets, but only via the BounceBit and SKALE blockchain networks.
BounceBit and SKALE have printed massive gains in the past day, with BB skyrocketing 19.04% and SKL rising 9.70%. Further, the two have respective market caps of $183.96 million and $349.58 million. SKL’s trading volume rose 55.17% to $90.15 million in the past 24 hours, while BB’s trading volume stands at $161.79 million, after a 124% surge.
At the time of writing, SKL is trading at $0.06318, up 33.15% in the past week and 78.64% in the last month. Further, the digital asset has skyrocketed 40.60% since November 2023 but is still down a whopping 94.85% from its all-time high of $1.22, witnessed in March 2021.
On the other hand, BB is priced at $0.3872, surging 31.66% in the past week and 39.33% in the last 30 days. Moreover, the cryptocurrency has risen 33.39% since November 2023.
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With a background in finance and a passion for innovation, Anisha has been covering the ever-evolving world of crypto for over four years. Her deep understanding of the crypto market have made her a trusted source for analysis and news. Whether it's dissecting the latest trends or decoding whitepapers, Anisha is dedicated to bringing clarity to the world of digital assets.