{"id":24045,"date":"2024-12-03T03:16:21","date_gmt":"2024-12-03T03:16:21","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/?p=24045"},"modified":"2024-12-03T03:16:21","modified_gmt":"2024-12-03T03:16:21","slug":"orderly-network-sees-90-surge-following-bithumb-listing-in-south-korea","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/orderly-network-sees-90-surge-following-bithumb-listing-in-south-korea\/","title":{"rendered":"Orderly Network Sees 90% Surge Following Bithumb Listing in South Korea"},"content":{"rendered":"\n
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Bithumb, a cryptocurrency exchange based in South Korea, has introduced the Orderly Network (ORDER) on its KRW trading market. Trading for ORDER will commence at 3:00 PM on December 3, 2024, with an initial price set at 239 Won.<\/span><\/p>\n

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\uc624\ub35c\ub9ac \ub124\ud2b8\uc6cc\ud06c(#ORDER<\/a>) \uc6d0\ud654 \ub9c8\ucf13 \ucd94\uac00 \uc548\ub0b4
New Listing : $ORDER<\/a> will be added to the KRW market today.<\/p>\n

For more details https:\/\/t.co\/8QWwZoIv1R<\/a>#bithumb<\/a> #Listing<\/a> #KRWmarket<\/a> #OrderlyNetwork<\/a> @OrderlyNetwork<\/a> pic.twitter.com\/g6K83icCPB<\/a><\/p>\n

\u2014 Bithumb (@BithumbOfficial) December 3, 2024<\/a><\/p>\n<\/blockquote>\n

As stated in the official announcement<\/a>, users will be able to deposit and withdraw funds within two hours following this notification. Trading will utilize the Ethereum network; deposits made through other networks will not be accepted.<\/span><\/p>\n

To maintain stability, Bithumb will impose specific trading restrictions. For the first five minutes post-launch, buy orders will be restricted, while sell orders may only vary within -10% to +100% of the listed price. Automated trades can commence only after the initial trading session.<\/span><\/p>\n

Furthermore, Bithumb warns users regarding deposits and withdrawals. Users may face significant delays for refunds on incorrect deposits and should double-check the address and network details before proceeding. Only the specified types of virtual assets will be processed.<\/span><\/p>\n

Investors should be aware that investments in virtual assets carry substantial risk and must proceed with caution.<\/span><\/p>\n

Impact of Bithumb Listing: Surge in $ORDER Value<\/strong><\/h2>\n

Following the listing announcement, $ORDER experienced a dramatic increase, climbing by 90% to reach $0.3082, although current trading stands at $0.2909. The 24-hour market cap for ORDER surged by an astounding 205%, reaching $56.60 million. This growing interest in the project has boosted its overall market cap to an impressive $60.53 million after a 59.19% rise.<\/span><\/p>\n

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Image Source: Coinmarketcap<\/figcaption><\/figure>\n<\/div>\n