Upbit Listing Boosts WalletConnect Token (WCT) Price by 36%

WCT has already been listed on some of the leading crypto exchanges, including Binance, Bybit, OKX, and Bitget, to name a few.

Key Notes:

* The DeFi Chain (DEFI) token price surged 36% in the past 24 hours.

* The token is currently trading at $0.55, slightly down from its all-time high of $0.58 earlier today.

* Upbit will enable WCT transactions at 09:00 (GMT+9) on April 16.

* The exchange will support the Optimism-based token with the Korean won, Bitcoin, and USDT trading pairs.

* WCT is the native token of the WalletConnect Network, an open-source protocol connecting crypto wallets with decentralized applications.

The DeFi Chain (DEFI) token price surged 36% in the past 24 hours. The token is currently trading at $0.55, slightly down from its all-time high of $0.58 earlier today.

Earlier today, leading South Korean crypto exchange Upbit announced the listing of several new tokens, including DeFi Chain, Filecoin (FIL), VIRTUAL, and VeThor (VTHO).

According to the official announcement, Upbit will enable WCT transactions at 09:00 (GMT+9) on April 16. The exchange will support the Optimism-based token with the Korean won, Bitcoin, and USDT trading pairs.

WCT has already been listed on some of the leading crypto exchanges, including Binance, Bybit, OKX, and Bitget, to name a few.

WCT is the native token of the WalletConnect Network, an open-source protocol connecting crypto wallets with decentralized applications. The protocol aims to provide a standardized method for wallets and dapps to interact with each other.

The DeFi Chain token price has been on a tear in recent days, as traders anticipate the upcoming listing on Upbit. The token is up more than 1,000% since the start of the year.

However, the funding rate for WCT has already started moving upward, currently at 0.12% below zero. This movement suggests the rise of optimistic trader interest in the token.

WCT’s price rally comes while the broader crypto market wanders in bearish conditions. The global crypto market cap is down by 2.6% and is hovering at $2.63 trillion, according to CoinMarketCap.

Is Upbit the Lifesaver?

WCT is not the only token to skyrocket after the Upbit announcement. Listing calls from the South Korean exchange brought bullish momentum to Filecoin, rising 8%, VIRTUAL, rallying 28%, and VeThor, skyrocketing 230%.

In October 2024, SAFE also registered a 75% rally following the listing announcement from Upbit.

Upbit is the leading crypto exchange in South Korea with a daily trading volume of $3.1 billion, CMC data shows.

The post Key DeFi Chain (WCT) Levels to Watch After 36% Rally, New Upbit Listings Bring 230% Surge to VeThor appeared first on Key DeFi Levels.