Summary
TLDR: South Korean crypto exchange Upbit listed Akash Network (AKT), leading to a price surge and AKT reaching a three-year high. AKT has entered the top 100 cryptocurrencies by market capitalization. Upbit also listed Big Time (BIGTIME), a multiplayer RPG game, which also saw a price increase. AKT’s price surge reflects growing investor interest in decentralized cloud computing services.
Key Points
1. South Korean crypto exchange Upbit has listed Akash Network (AKT), leading to a significant price surge and reaching a three-year high.
2. Akash Network (AKT) has climbed into the top 100 cryptocurrencies by market capitalization following its listing on a prominent crypto exchange, with support for KRW, BTC, and USDT markets.
3. AKT’s market capitalization currently sits at $1.4 billion, with a daily transaction volume of $95 million, showcasing the impact of South Korean exchange listings on the cryptocurrency market.