Upbit’s Latest Listings Trigger Double-Digit Price Surges in Two Altcoins

Upbit will list Seeker (SKR) and Espresso (ESP) today, and Bithumb will add ESP to its KRW market. Both tokens jumped by double digits after the listing announcements as trading interest picked up. Upbit said SKR will trade against KRW, BTC and USDT, with spot trading opening at 16:00 KST on February 24 and deposits and withdrawals enabled within 90 minutes of the announcement.

The exchange specified that deposits and withdrawals are supported only through the SKR-Solana network and provided the contract address: SKRbvo6Gf7GondiT3BbTfuRDPqLWei4j2Qy2NPGZhW3. Upbit scheduled ESP trading to begin at 17:00 KST. Bithumb set ESP trading in its KRW market for 17:00 KST on February 24, with deposits and withdrawals opening within two hours and a reference price of 149 KRW.

Both exchanges imposed temporary measures to manage early volatility: buy orders will be restricted for about five minutes after trading starts, and each will allow only limit orders for roughly two hours.

South Korea

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