South Korean crypto exchange, Bithumb announced the addition of Redstone (RED) and Nilion (NIL) to the KRW market today, leading to a surge in the market prices for the tokens.
Bithumb Lists Redstone ($RED), Nilion ($NIL)
Redstone will be listed on the KRW market with trading starting at 4:00 PM KST on Tuesday, March 25, 2025. The token will be supported on the Ethereum network, and deposits via other networks are not supported. Deposits and withdrawals will begin within 3 hours from the notice, with a base price of 892 KRW. Additionally, a total of 33 deposit confirmations are required for $RED.
Nilion will be listed on the KRW market with trading set to begin at 7:00 PM KST on Tuesday, March 25, 2025, though this may change depending on liquidity availability. The token will be supported on the Nilion network, and deposits via other networks are not supported. Deposits and withdrawals will start within 3 hours from the notice, with a base price of 1,044 KRW, and 15 deposit confirmations are required for $NIL.
Following its listing on the Bithumb, Redstone surged by over 10% in a short period and is currently priced at $0.6851, marking a rise of more than 15%. The market capitalization of RED has increased by 15%, reaching $192.29 million. Additionally, the 24-hour trading volume of RED has soared by 142%, now standing at $63.89 million.
NIL also saw a near 10% increase in a short time and is currently quoted at $0.7567, following a slight dip.
Market capThe market cap of NIL is $147.7 million, and its 24-hour trading volume has skyrocketed by 4,400%, reaching $589.22 million.
Also Read: Upbit Lists Orca (ORCA) Trading on KRW, BTC Leading to a Surge
