Upbit listing pump, live replay: $SANC 🎢
Upbit opened Sanctum's $SANC (the Solana liquid-staking token formerly called CLOUD) for KRW, BTC and USDT trading today.
Its notice put the prior close at 58.45 KRW. Upbit's KRW market opened at 181 and topped at 186.
By 18:56 ICT it was 132 KRW: still about 2.3x the pre-notice price, but -27% from the open, on ~22.2B KRW of turnover.
Same old script: the notice hits, the price jumps before trading even opens, then fades once it does.
Do you chase Korean listing pumps, or wait for the fade?
Upbit opened Sanctum's $SANC (the Solana liquid-staking token formerly called CLOUD) for KRW, BTC and USDT trading today.
Its notice put the prior close at 58.45 KRW. Upbit's KRW market opened at 181 and topped at 186.
By 18:56 ICT it was 132 KRW: still about 2.3x the pre-notice price, but -27% from the open, on ~22.2B KRW of turnover.
Same old script: the notice hits, the price jumps before trading even opens, then fades once it does.
Do you chase Korean listing pumps, or wait for the fade?
