South Korea's leading crypto exchanges, Upbit and Bithumb, have both announced significant altcoin listings, immediately sparking price surges for the involved tokens and drawing renewed attention to their respective ecosystems.
Upbit, the largest exchange by trading volume in South Korea, has officially listed the creator-focused platform's token, ZORA, today. Trading against KRW, BTC, and USDT on the Base network is scheduled to begin at 13:30 Korean Standard Time (KST).
Following the announcement, ZORA's price surged by approximately 17%, rising from around $0.094 to $0.11. Upbit has implemented temporary trading restrictions, including limiting buy and low-priced sell orders during the first five minutes and allowing only limit orders for the first two hours, to help stabilize the initial activity.
The listing further boosts ZORA's momentum, which previously saw a 77% jump after being added to Robinhood in October. The Zora network is also expanding its ecosystem by introducing creator coins on the Base network to give creators direct ownership, and by launching the Believe Fund, an initiative dedicating 20 million ZORA tokens to support emerging talent. However, this upward trend could face a challenge with a scheduled token unlock of 166.67 million ZORA tokens (1.67% of total supply) on October 30.
In parallel, Bithumb, another major South Korean exchange, is adding trading support for three other altcoins on its spot platform: Infinit (IN), Doodles (DOOD), and YieldBasis (YB).
Trading for IN and DOOD is set to open today, October 17, at 4:00 PM (KST), with YB debuting an hour later. The news also led to modest gains for these tokens: IN rose 6.78%, while DOOD and YB saw increases of 8.37% and 8.41%, respectively.
October 2025, Cryptoniteuae