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HAEDAL Surges 24% After Bithumb Lists KRW Trading Pair

Coin WorldThursday, May 1, 2025 11:35 pm ET

1min read

HAEDAL, a digital asset, experienced a significant surge in value following the listing of a KRW trading pair on Bithumb. The digital asset saw a short-term increase of over 24%, reflecting the market's positive response to the new trading opportunity. This development highlights the potential impact of new listings on digital asset prices and the importance of trading pairs in the broader market.

The listing of the KRW trading pair on Bithumb provided HAEDAL with increased liquidity and accessibility to a wider range of investors. This move is likely to have attracted new buyers and traders who were previously unable to participate in the market due to the lack of a KRW trading pair. The surge in value can be attributed to the heightened interest and trading activity that followed the listing.

This event underscores the significance of exchange listings in the digital asset market. When a digital asset is listed on a major exchange like Bithumb, it gains credibility and exposure, which can lead to increased demand and price appreciation. The listing of the KRW trading pair on Bithumb for HAEDAL is a clear example of how such developments can drive short-term price movements.

The surge in HAEDAL's value also reflects the broader trend of digital assets gaining traction in the Korean market. The KRW trading pair on Bithumb provides a convenient and familiar trading option for Korean investors, who are increasingly showing interest in digital assets. This development is likely to further integrate digital assets into the mainstream financial landscape in the region.

In conclusion, the listing of a KRW trading pair on Bithumb for HAEDAL resulted in a short-term surge of over 24%, demonstrating the impact of new trading opportunities on digital asset prices. This event highlights the importance of exchange listings and the growing interest in digital assets in the Korean market. As the market continues to evolve, such developments are likely to play a crucial role in shaping the future of digital assets.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.