COW leaps nearly 50% after Upbit announces listing on BTC, Korean won and Tether markets

The native token of Cow Protocol climbed 46% after the South Korea Exchange Upbit announced that it listed the token on its platform on February 25.

According to a recent noticeUpbit will list the cow (COW), the native token of the cow protocol from February 25 at around 8:30 p.m. Ethereum (EthnThe token based on) will be available to discuss the Bitcoin Won Korean (Bitcoin (BTC) and the attachment (USDT) markets. Users can start depositing a cow on Upbit at 7:30 p.m. kst.

Shortly after Bit Announced that it will make the glue, the token has seen a major price jump. The cow increased 46% a few minutes after the publication of the opinion, reaching a peak of $ 0.46 in daily exchange. At the time of writing the editorial time, COW is negotiated at $ 0.43.

According to Upbit’s opinion, the closing price the day before of the day before was around 418 Korean won or equal to $ 0.29. During last week, COW experienced an increase in value of 34.2%, but it experienced a decrease of almost 30% in the last month.

The native token of the cow protocol has a market capitalization of $ 173.6 million and an entirely diluted assessment which amounts to $ 420 million. In the past 24 hours, COW trading volume has seen an increase of 568.60% to $ 114 million in the last 24 hours, which indicates a significant increase in commercial activity.

The purchase orders for the cow will be limited five minutes after the start of commercial assistance. While all types of orders, with the exception of limit orders, will be limited for an hour after the start of commercial media. The prices of sales orders are capped at a minimum of 10% less than the closing price of the day before.

The cow protocol is a decentralized trading platform with an aggregator based on intention as the main service. It also provides features such as maximum extractable value blockers, remote procedural call solutions and automated market manufacturers. Cow is the native token of the cow protocol and is used for governance.