Key Points
- Bithumb added RAY and PONKE KRW pairs at the moment at 5:00 Korean time.
- Following the alternate’s announcement, the cash’ costs skilled surges, with PONKE reaching a brand new ATH.
South Korea’s second-largest crypto alternate, Bithumb, introduced the itemizing of two new cash at the moment, supporting the KRW market.
Earlier, Bithumb introduced the itemizing of Raydium (RAY) and Ponke (PONKE), two cash on Solana. The buying and selling begin worth was scheduled for five:00, Korean time.
The base worth for RAY was set at 7,855 KRW and the bottom worth for PONKE was set at 992 KRW.
Following the alternate’s announcement, the coin’s worth recorded surges.
RAY and PONKE Prices Spiked This Morning
RAY Price Recorded a Spike
On November 19, round 5:00 AM, RAY debuted a worth surge from round $5.6, topping $6.05 earlier, earlier than a correction.
At the second of writing this text, RAY is buying and selling at $5.71, down by 1.5%, after a earlier worth surge of round 6%.
The coin has a market cap of $1.66 billion, after reaching $1.76 billion earlier at the moment.
During the previous week, the coin recorded intense volatility, reaching a prime of $6.15 on November 18. A day earlier than, on November 17, the coin recorded one other notable worth spike from $5 to $6.09.
Raydium is an automatic market maker (AMM) protocol based mostly on Solana, supporting liquidity provision and decentralized buying and selling.
PONKE Reaches a New ATH
Earlier at the moment, round 5:00 AM, PONKE additionally debuted a worth surge from ranges round $0.72 and reached a prime above $0.83 earlier than a correction. This marked a brand new ATH for the token.
At the second of writing this text, PONKE is buying and selling round $0.8, up by 13% within the final 24 hours.
The earlier worth surge was nearly 15%, taking the coin’s market cap from $407 million to $465 million. The present market cap of the coin is above $448 million.
The previous 7 days marked a continued ascendant trajectory for the coin, taking it to a brand new ATH at the moment.
PONKE is a memecoin constructed on Solana and its image is a monkey.
CoinGecko knowledge reveals that PONKE is among the many memecoins trending on Solana at the moment, along with PNUT and ai16z.
