Bithumb, South Korea’s second largest cryptocurrency exchange, announced in its statement that it has listed the Highstreet (HIGH) altcoin in the Korean Won pair.
Following the development, there was an increase of over 10% in the HIGH price. South Korean cryptocurrency exchanges are known for not using stablecoin pairs much. Exchanges usually list altcoins as either Korean Won or Bitcoin pairs.
Hourly Binance chart showing the HIGH price rise following the Bithumb listing.
HIGH is currently listed on major cryptocurrency exchanges such as Binance and Coinbase and can be considered among the small-cap cryptocurrencies with a market value of $90 million at the time of writing.
Although South Korea’s most popular cryptocurrency exchange is Upbit, altcoins listed on Bithumb often experience a pump wave in their prices, and HIGH was no exception.
*This is not investment advice.
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