Bitcoin News Today: Upbit Opens New Portal for Treehouse's Token Takeoff

Generated by AI AgentCoin World
Thursday, Aug 28, 2025 1:16 am ET2min read
Aime RobotAime Summary

- Upbit launches Treehouse (TREE) trading on August 28, 2025, supporting KRW, BTC, and USDT pairs.

- The listing follows Binance and Bitget's recent additions, boosting TREE's liquidity and visibility.

- Upbit warns of market risks, emphasizing responsible investing amid speculative crypto trends.

Upbit, one of the leading cryptocurrency exchanges in the Asia-Pacific region, announced on August 28, 2025, that it will launch trading for

(TREE) on the same date at 16:00 UTC. The listing will support KRW, BTC, and trading pairs, allowing users to trade the asset using Korean won, , and Tether. The exchange further indicated that users can begin depositing tokens one hour and 30 minutes after the announcement, with additional details on specific trading times to be released in subsequent updates [1]. This move reflects Upbit’s ongoing strategy to expand its cryptocurrency offerings, particularly in emerging projects that align with growing market trends.

The listing of TREE on Upbit follows similar announcements by other major exchanges, such as Binance and Bitget, which have also added Treehouse to their platforms in recent weeks. Notably, Binance listed DOLO, another emerging token, alongside TREE, triggering a significant price response in the market. The trend of launching new tokens on major exchanges has become a key driver of liquidity and visibility for projects seeking broader adoption and investor interest [2]. While specific price targets for TREE were not outlined in the provided sources, the increased presence on multiple platforms suggests potential demand for the asset.

Upbit’s decision to include TREE in its trading offerings highlights the growing importance of decentralized applications and blockchain-native tokens in the

ecosystem. TREE, the native token of Treehouse, is associated with a blockchain-based platform designed for collaborative creation and community engagement. While the specific functions of TREE were not detailed in the available content, the project appears to be part of a broader trend toward tokenized social and creative platforms. As more exchanges incorporate such tokens, their utility and market value may evolve in response to user adoption and platform development [1].

The timing of the listing aligns with broader market dynamics, including a recent increase in inflows to Bitcoin spot ETFs and heightened activity in the stablecoin sector. Tether (USDT) remains one of the most widely used stablecoins, with a market capitalization exceeding $167 billion and a stable price of approximately $0.99989 as of the latest available data. The role of stablecoins like USDT in facilitating trading and hedging against market volatility underscores their importance in the crypto ecosystem [4]. As TREE becomes available on KRW, BTC, and USDT markets, it is likely to attract both retail and institutional traders looking to diversify their portfolios with emerging assets.

In addition to the listing, Upbit emphasized that users should remain cautious about market risks associated with newly listed tokens. The platform reiterated the importance of responsible investing and encouraged traders to conduct due diligence before participating in transactions. This aligns with broader industry warnings from platforms such as ChainCatcher and PANews, which frequently highlight the speculative nature of many cryptocurrency projects and the potential for market manipulation or misleading information [1]. As with any new market opportunity, investors are advised to approach TREE with a clear understanding of the risks and the underlying fundamentals of the project.

The inclusion of TREE on Upbit contributes to a broader narrative of increasing competition among cryptocurrency exchanges to attract innovative projects and user traffic. The availability of multiple trading pairs, including KRW, BTC, and USDT, allows for greater flexibility in portfolio management and cross-crypto trading strategies. As the digital asset market continues to evolve, the role of exchanges like Upbit in facilitating access to new tokens will remain a key factor in shaping market dynamics and investor behavior.

Source:

[1] UPBIT lists Treehouse (TREE) and supports KRW, BTC, ... (https://www.chaincatcher.com/en/article/2201463)

[2] Upbit Adds Trading Support for Treehouse (TREE) (https://www.panewslab.com/en/articles/5d7673b9-e983-423a-8df9-e067df7883c9)

[3] 上线相关文章 (https://www.chaincatcher.com/tags/%E4%B8%8A%E7%BA%BF)

[4] Tether Price | USDT Price index, Live chart & USD Market ... (https://www.okx.com/price/tether-usdt)

Comments



Add a public comment...
No comments

No comments yet