George Miller
Bithumb, another leading cryptocurrency exchange in South Korea after Upbit, has announced the listing of MOCA, now known as Mocaverse, and Moo Deng (MOODENG). This news has led to significant price increases for both tokens. Trading in KRW markets is set to begin on December 16, 2024, at 2:00 PM KST.
Bithumb: Launch of MOODENG and MOCA Trading
무뎅(#MOODENG) 원화 마켓 추가 안내
New Listing: $MOODENG will be added to the KRW market today.
For more details #bithumb #Listing #KRWmarket #MooDengSOL @MooDengSOL pic.twitter.com/qP9L5DybO2
— Bithumb (@BithumbOfficial) December 16, 2024
As stated in the official notice, MOCA will trade on the Ethereum network, while MOODENG will utilize Solana. Deposit/withdrawal for MOCA is expected to commence within two hours of the announcement, with trading starting at 2:00 PM KST. For MOODENG, deposits/withdrawals will begin within three hours of the notice, also with trading at 2:00 PM KST.
To ensure transaction accuracy, deposits for MOCA require 33 confirmations and 20 confirmations for MOODENG.
Currently, the price for MOCA stands at 136 won, while MOODENG is priced at 539 won.
Buying orders will face a 5-minute restriction post-launch, whereas selling orders below -10% and above +100% of the standard price will also have similar restrictions. Bithumb noted that automatic orders can begin following the first transaction once trading starts.
Price Surge for MOCA and MOODENG
After the announcement, both tokens have experienced a sharp increase in their market prices. Presently, MOCA has surged 377% to reach $0.4, with a remarkable increase in its market cap of 376.47% to $534.99 million. Additionally, the 24-hour trading volume for MOCA has skyrocketed by 861.54% to $177 million.
MOODENG has also enjoyed a price increase of 5.39%, reaching $0.3780. Its market cap has increased by 5.47% to $374.35 million, with a significant 67.94% rise in the 24-hour market volume to $146.87 million.
