Analysis: Tokens launched on Upbit generally experienced significant first-day price surges

Crypto-focused media outlet Wu Blockchain shared via X that its team analyzed tokens listed on South Korean crypto exchange Upbit over the past year and found that most experienced significant price increases within just one day of their listing. Notable examples include MINA, CTC, ASTR, SPURS, POKT and UXLINK, all of which surged by over 100%. Additionally, they identified tokens currently listed on Binance but not yet on Upbit, indicating a high likelihood of future listings on Upbit.