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Bithumb Announced the Listing of These Two Altcoins as of January 11, 2025!
Recently attracting attention with its significant trading volume and innovative moves in the cryptocurrency market, Bithumb Exchange has announced that it will list STRIKE (STRK) and IOTA (MIOTA) trading pairs starting January 11, 2025.
Following this announcement, notable activity was observed in the cryptocurrency market. Particularly, IOTA gained over 8% in value within just a few hours as a reaction to the news. Meanwhile, STRIKE started to garner interest and successfully drew the attention of investors with its listing announcement.
STRIKE (STRK): A New Favorite in the DeFi Market
STRIKE stands out as an innovative protocol in the decentralized finance (DeFi) sector. Operating on the Ethereum network, STRIKE enables users to earn interest by depositing their crypto assets. Inspired by popular platforms like Compound, the protocol aims to offer higher yields, positioning itself to expand the DeFi markets and attract more investors.
Bithumb has announced that it will currently support transactions for STRIKE only through the Ethereum network. The initial listing price of the altcoin on the exchange was set at 22,250 won. The STRIKE listing is expected to contribute to the expansion of DeFi while providing users with opportunities to benefit from various financial products.
IOTA (MIOTA): A Crypto Solution for the Internet of Things (IoT)
IOTA is recognized for utilizing a novel technology called Tangle instead of blockchain, enabling fast, secure, and feeless data transfers between IoT devices. With significant potential in the IoT sector, IOTA stands out for its energy efficiency and inter-company collaborations. The latest listing news prompted a rapid increase in IOTA’s price and sparked greater interest among project supporters.
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Bithumb’s listing of IOTA will help the project reach a broader audience in the South Korean market. As IoT applications become more widespread, the adoption of MIOTA is expected to grow further in the coming period.
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