Why Upbit’s cryptocurrency listing plan failed to ignite lasting momentum
Source: CoinWorld
Time: 2025-09-12 02:00:39
Upbit's recent initial listing has triggered drastic fluctuations, with some altcoins soaring by more than 50% and trading volume soaring by 200%. But this momentum quickly faded due to the lack of sustained liquidity and institutional participation. Upbit's limited infrastructure and ongoing regulatory scrutiny in South Korea are one of the reasons for this brief impact. Due to the lack of fundamental demand support, retail-driven market surges have been pulled back, and Upbit's trading activity has returned to normal within a few weeks.