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APE Rises on Listing News by Major South Korean Exchange, Trading Begins Today

Published 2023-07-18, 10:10 a/m
© Reuters.  APE Rises on Listing News by Major South Korean Exchange, Trading Begins Today
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U.Today - Chinese crypto blogger and journalist Colin Wu has shared the news that South Korean crypto exchanges continue to expand utility and crypto-fiat bridges by adding new crypto-fiat pairs for traders to use.

Now, South has added three tokens – APE, FTM and RNDR – to trade them against the Korean Won (KRW). Wu reminded his followers from the crypto community that even though Bithumb is a large exchange, a trading volume of merely one-tenth of Upbit (the largest Korean exchange) passes through it.

ApeCoin (APE) and Render Token (RDNR) are based on the Ethereum network; Fantom (FTM) has its own mainnet.

APE was among trendy coins a while ago, along with other . APE strives to create an ecosystem on the basis of BAYC (Bored Ape Yacht Club) NFTs and MAYC (Mutant Ape Yacht Club). It has a decentralized community that governs the token via ApeCoin DAO, which was created by Yuga Labs – the company that initially created the aforementioned collections of Ape NFTs.

At the time of this writing, RNDR is changing hands at $1.91 after a 1.62% decline over the past 24 hours, FTM is down 1.9% over the same period of time and trading at $0.2573. As for ApeCoin, its current price stands at $2.05, on the news of the Bithumb listing.

This article was originally published on U.Today

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