Crypto Drama: Upbit’s New Tokens and the Rollercoaster Ride of Prices!

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Well, hold onto your hats, folks! Upbit is rolling out not one, but two shiny new tokens this week: the liquid staking marvel Haedal and the blockchain brainchild AltLayer. ALT made its grand debut on June 16, while HAEDAL is set to strut its stuff on June 17. Talk about a token party! 🎉

Now, you might think this delay would send Haedal into a tailspin, but surprisingly, it seems to be holding its own. Both tokens are showing price curves that resemble a dramatic rollercoaster ride—up, down, and then resting on a slightly higher floor. Who knew crypto could be so thrilling? 🎢

Upbit Listing Boosts Token Prices

Upbit, the heavyweight champion of South Korean exchanges, has been on a winning streak since the courts decided to lift its three-month business ban. It’s like a bad movie plot turned good! 🎬

In the past month, Upbit’s token listings have been like a magic wand, causing price spikes that would make a magician jealous. And today? Well, it’s just another day in the life of a crypto exchange, with Haedal and AltLayer climbing the charts like they’re in a race for the top! 🏆

HUGE NEWS FOR ALTERS IN KOREA! $ALT is now live on @Official_Upbit’s KRW & USDT markets starting June 16, 19:00 KST!

Trading ALT with KRW just got way easier!

Pro tips: Use @Ethereum network only for deposits & withdrawals. Verify, DYOR, read the…

— AltLayer (@alt_layer) June 16, 2025

AltLayer, the decentralized protocol that made quite the splash last year, has been on a bit of a downward spiral since then. It’s like watching a once-famous actor fade into obscurity. 😢

Despite its attempts to stay relevant with a $100 million token unlock (yes, you read that right), its price has been on a steady decline. But wait! Upbit’s listing today gave ALT a much-needed boost, causing its value to briefly double. Talk about a comeback! 💪

Now, let’s talk about Haedal. This liquid staking token is the new kid on the block, having only launched its TGE in May 2025. It’s like the fresh-faced intern trying to make a name for itself in a sea of seasoned professionals.

Shortly after its launch, Binance threw an airdrop party, sending its price soaring by over 60%. In comparison, Upbit’s Haedal listing announcement was more like a polite nod than a standing ovation. 😏

While AltLayer is already live and kicking on Upbit, the exchange decided to hit the pause button on Haedal’s listing until tomorrow morning (local time). In a classic case of “Oops, my bad,” Upbit offered no explanation for the delay but graciously apologized for the inconvenience. How thoughtful! 🙄

This announcement coincides suspiciously with Haedal’s valuation starting to dip, but who’s to say if they’re related? It’s like trying to find a connection between the weather and your neighbor’s cat. 🐱

Upbit’s AltLayer listing went off without a hitch, but its price chart mirrored Haedal’s rollercoaster ride. After all, the delay is just a few hours—hardly enough to discourage the die-hard traders out there.

Despite the lingering shadows of regulatory compliance issues, Upbit’s listings are significant. After all, South Korea is one of the fastest-growing crypto markets in the region. So, buckle up, because this ride is just getting started! 🚀

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2025-06-16 19:58