Api3 Explodes! Upbit Listing Turns Crypto World Upside Down

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Imagine a token, dear reader, that despite the wearisome monotony of crypto news, suddenly shocks the system – like an unexpected gust of wind rustling through the stifling stillness of a provincial town. Behold, Api3 (API3) has ascended to an 8-month summit, all thanks to an announcement so straightforward you’d think it was a prank. But no, Upbit, South Korea’s digital colossus, has decided to grant API3 its sacred listing. Coincidence? Or a conspiracy of the market gods? 😉

All this has caused a ripple, no, a tidal wave, in the digital sea, making API3 not merely a sparrow but a roaring eagle of the day’s gains on CoinGecko. And with that, the token has sprinted from the shadows into the limelight of trending coins – bravely exposing itself to market primitives, warts and all.

Upbit Listing Sparks API3 Frenzy – Crypto’s New Obsession?

In case your sleepy brain needs a refresher, API3 is a decentralized oracle network-think of it as a truthful friend who insists on honesty, connecting dApps with the real world via first-party oracles. Unlike those shady third-party intermediaries that tend to disappear faster than a merchant on pay day, API3’s approach promises more authenticity and less trust issues, which, frankly, sounds like a fairy tale for traders.

The coin was already hobnobbing on exchanges like Binance, Coinbase, OKX – you know, the usual suspects. Now, it’s entered the South Korean arena, making its debut on none other than Upbit, which, as many suspect, might be the true puppet master behind today’s market fireworks.

It went live at the very civilized hour of 17:00 Korean Standard Time on August 19, trading with pairs against KRW and USDT. A word of advice from the exchange: “Check the network, chaps. Otherwise, deposits and withdrawals might vanish faster than a summer breeze.”

And vanish they did – from $0.84 to a peak of $1.86, a staggering 121.43% leap, last seen almost a full year ago! The figure has since settled to around $1.77, still a hefty 112.5% gain. Ah, the joys of volatility-like a rollercoaster designed by a caffeinated engineer. 🎢

Market capitalization? Doubled! From around $100 million to over $200 million, putting API3 now firmly in third place among oracles, just behind Chainlink and Pyth-both noble giants, but Api3 is certainly making a splash, like a bold new actor in the theater of crypto.

The rally was accompanied by what can only be described as a trading frenzy, with volumes skyrocketing by 409.6%, hitting nearly half a billion dollars-mostly fueled by the eagle-eyed traders of Upbit. The exchange, that giant among South Korean markets, accounted for a staggering 24.58% of this volume-around $118 million-so clearly, they’ve got the market in their grip, like a puppeteer with a particularly shiny marionette.

And so, as often happens in the world of crypto, this sudden surge is received with predictable amusement and mild skepticism. Upbit’s influence, like a charismatic dictator, varies from benign to borderline Orlov-like domination. But one thing’s certain: whenever Upbit nods, the market dances, and Api3 is the star of today’s chaotic ballet.

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2025-08-19 12:45