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Bithumb Lists Moo Deng and Mocaverse; MOODENG, MOCA Soar
South Korea’s leading crypto exchange platform, Bithumb has announced the listing of two cryptocurrencies, MOCA (now rebranded as Mocaverse) and Moo Deng (MOODENG). Following this announcement, both digital assets have seen a significant surge in their market prices.
MOCA, formerly known as MOCA Network, will be available for trading on the Ethereum network. On the other hand, Moo Deng will be supported by Solana. Both currencies will be available for deposit and withdrawal from December 16, 2024, at 2:00 PM KST.
As part of their listing requirements, Bithumb has implemented certain restrictions on buying and selling orders. Buying orders are restricted for five minutes after the start of trading, while selling orders are restricted for five minutes after the start of trading if the price falls below -10% or rises above 100% of the standard price. Additionally, automatic orders will be available after the first transaction following the start of trading.
The listing has resulted in a massive surge in the market prices of both MOCA and Moo Deng. As of this article’s publication time, MOCA has risen by an astonishing 377%, with its current price at $0.4 per unit. Its market capitalization has also increased by a staggering 376.47% to reach $534.99 million. The 24-hour trading volume for MOCA has jumped by an incredible 861.54% to reach $177 million.
In contrast, Moo Deng has experienced a more modest but still significant increase in its price, rising 5.39% to hit $0.3780 per unit. Its market capitalization has also seen a substantial growth of 5.47%, reaching $374.35 million. The 24-hour trading volume for Moo Deng has surged by an impressive 67.94%, reaching $146.87 million.
The listing on Bithumb is expected to significantly increase the visibility and accessibility of these digital assets, potentially leading to further price growth in the coming days.
Source: www.cryptonewsz.com
