SIGN Token Surges After Upbit and Bithumb Listings, Boosting Trading Volume in South Korea
SIGN, the native token of the multi-chain identity protocol Sign, has experienced significant price and volume surges following major listings on South Korean exchanges. Initially, SIGN saw a 60% price jump to $0.129 after being listed on Upbit, which also resulted in its 24-hour trading volume soaring from $402 million to $898 million. This trend echoes other recent Korean exchange impacts on altcoins, such as with Filecoin (FIL). Most recently, Bithumb announced the upcoming launch of the SIGN/KRW trading pair, further expanding the token’s presence for Korean traders using the won. This new listing follows Upbit’s introduction of SIGN across KRW, BTC, and USDT trading pairs, increasing the token’s liquidity, visibility, and price discovery potential. The momentum underscores the influential role of Korean exchanges in driving altcoin adoption and short-term price movements, offering crypto traders valuable insights into market dynamics and potential trading opportunities. As the SIGN token reaches a broader market, traders should expect heightened activity and possible price volatility in the short term, while monitoring official updates and practicing prudent risk management.
Bullish
The listings of SIGN token on major Korean exchanges Upbit and Bithumb have dramatically increased both trading volume and price, demonstrating a clear, positive market reaction. Korean exchanges are recognized for their substantial impact on altcoin prices, as seen in both SIGN and earlier with coins such as Filecoin (FIL). The progressive rollout of new trading pairs — especially with the addition of SIGN/KRW on Bithumb — expands access and liquidity, attracting new traders and likely fueling further interest and momentum. This pattern suggests that SIGN may experience continued short-term volatility with a bullish tilt, particularly as additional traders engage and price discovery continues. However, there could be correction phases as speculative volumes subside; thus, traders should monitor liquidity and sentiment closely.