Bithumb Will Be New Token Listing: NEIRO, MORPHO, And SUNDOG

Bithumb will list new tokens; NEIRO, MORPHO, and SUNDOG (Photo; Doc. Bitexpert)

JAKARTA - Bithumb, one of the largest crypto exchanges in South Korea, announced the listings of three new tokens: NEIRO, MORPHO, and SUNDOG. This announcement comes amid the turmoil of the domestic crypto market which is facing pressure due to national emergency policy. Listing is not only attracting the attention of local investors, but is also a significant price driver for related tokens. In recent days, the three tokens have experienced a price spike that reflects market optimism for this Bithumb strategic move.

In its official announcement, Bithumb stated that the listings of NEIRO, MORPHO, and SUNDOG will take place on Tuesday, respectively at a base price of 2,434 won (around Rp27,214), 2,319 won (around Rp25,926), and 245 won (around Rp2,739). To ensure initial liquidity, the exchange limits purchase orders to 5 minutes after listing, while the selling order is limited to -10% of the base price in the same period.

These tokens present huge potential in the market. NEIRO is a meme-based coin that has attracted attention with market cap reaching US$758.55 million (around Rp12 trillion). Meanwhile, MORPHO is an Ethereum-based decentralized loan protocol, and SUNDOG is a high volatility community token that makes it a favorite among speculators.

Since the announcement of the listing, MORPHO's price has recorded a 17.44% spike, making it the best-performing token among the three. SUNDOG and NEIRO have also seen a 6.67% and 4.29% increase, respectively, in the last 24 hours. Historically, listings on large exchanges like Bithumb often boosted significant token price rallies, as happened in previous VIRTUAL and SKALE tokens.

Listing ini dilakukan di tengah situasi pasar kripto Korea Selatan yang geram akibat deklarasi darurat militer oleh Presiden Yoon Suk-yeol. Kebijakan ini memicu penurunan tajam volume perdagangan di tiga bursa terbesar negara itu Upbit, Bithumb, dan Coinone. Meski demikian, Bithumb tetap optimism terhadap prospek jangka panjang aset digital dan berkomitmen untuk memperluas pilihan investasi bagi penggunanya.

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