REZ crypto soars over 35% ahead of Bithumb listing

GRESS CRYPTO increased by 38% today, before its next list on Bithumb Exchange in South Korea.

According to Crypto.News, Renzo (Ground floor) reached an intraday summit of $ 0.022 on April 1, which increased its market capitalization to almost $ 43 million. While the token rallied, its daily negotiation volume fell 17% to around $ 114 million, showing signs of cooling by commercial activity after the initial media threw.

The pump came shortly after Bithumb announcement It would list on its Korean Won market. Trading should be put online at 4:00 p.m. on Tuesday, April 1, 2025.

Deposits and withdrawals will only be available on the Ethereum network, and they will open about two hours after the announcement. GRESS will make its debut at an initial price of 24.73 krw (approximately $ 0.016), with 33 necessary confirmations before the treatment of deposits.

Bithumb will also set up temporary checks. During the first five minutes after the launch, no purchase order can be placed. Sales orders, on the other hand, must remain in a variety of -10% to + 100% of the basic price. Automated trading will only be activated after the execution of the first trade.

As always, with lists, it is important to closely monitor pricing. It is common for coins to pump before a major list due to media threw, only to see A Sharp sell Shortly after having passed live.

As before reported By Crypto.News, Elixir (ELX) increased by almost 68% for a summit of $ 0.726 before its Bithumb list on March 11, but lost most of these earnings in the next day.

However, some analysts think that GRS could have more room to run.

Michaël Van de Poppe stressed in a March 31 job This ground was rebounded and showed signs of strong strength. If the current trend is held and that it manages to exceed the level of resistance of $ 0.027, he thinks that he could rally up to $ 0.07 in the coming weeks.

Echoing a similar vision, another Crypto_jobs analyst also note A key support area around $ 0.0165. As long as the ground floor remains above this level, the perspectives remain optimistic, he added.

GRESS is the native token of Renzo Protocol, a liquid rest platform built on Ethereum. It serves as an interface to Eigenlayer, allowing users to participate in replenishment with more flexibility and composibility.

Last year in August, the project extended Its liquid replenishment solution at the Jito on Solana ecosystem.