Korean Exchange Listings Drive Altcoin Gains
Centrifuge and Espresso saw significant price action after listing on major Korean exchanges this week.
The Korean market is providing strong liquidity for altcoins. Traders on the country's top centralized exchanges are buying into new listings aggressively. Last week, Bithumb and UpBit listed Centrifuge (CFG) and Espresso (ESP). Both tokens moved up quickly. CFG rose 177%, moving from $0.088 to $0.24. ESP increased by 103% to $0.195. We see this trend as a clear signal of regional demand. You should watch listing schedules closely for entry opportunities.
