Ethena’s ENA to be listed on Bithumb’s KRW market today
Bithumb, one of the main exchanges of cryptography in South Korea, should add Ethena to its Won Korean market today.
According to the Bithumb manager announcementTrading against Ethena (This one) will start at 6:00 p.m. on Tuesday February 25, 2025. Deposits and withdrawals will open within three hours of the notice, but only on the Ethereum network.
Ethena will have an initial price of 536 krw, and the traders must wait 33 confirmations of deposit before transactions can be processed.
Bithumb has also set up temporary restrictions for the launch. Buyers will not be able to place orders in the first five minutes of negotiation, and sales orders will be limited to a range of -10% to + 100% of the basic price during this period. Automated trading will only be available after the end of the first transaction.
Last year, ENA obtained an inscription on another great exchange of South Korean crypto, by Bybit, on April 2, 2024, where it can be exchanged for the USDT.
Lists on the main exchanges of cryptography such as Go through And Bithumb tends to trigger a strong increase In the price of the related cryptocurrency. However, ENA has only seen a modest rebound, recovering some of its losses compared to the day before while remaining 7.5% decrease in the last 24 hours.
ENA’s silent price movements reflected the wider collapse on the cryptography market, such as a $ 1.4 billion Hack Hack And persistent macroeconomic soles have sent merchants depending on the cover.
Despite the recent slowdown, analysts remain optimistic about ENA’s long -term potential.
Solid trader, with more than 117,000 subscribers on X, note That if ENA’s price makes a higher hollow in the negotiation range from $ 0.3,100 to $ 0.4136, ENA could probably exceed its summit of $ 1.52 and enter the discovery of prices.
The merchant Alejandrobtc, who was also optimistic about ENA, said that he looked like “a good purchase” in a similar range of accumulation. According to the graphic for a day he shared, the Altcoin jumped almost 300% to $ 1.25 last December after exchanging in the same accumulation beach from August to November 2024. See Ci -dessous:
However, ENA’s next decision will likely depend on improving wider market conditions.
At the time of the press, Ena exchanged hands at $ 0.3811, with its market capitalization seated at $ 1.18 billion.
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