Korean funding once again ignited a new narrative. Nexus’s native token, NEX, listed on both Upbit and Bithumb on the same day—Upbit opened the USDT/BTC trading pair, while Bithumb directly launched the KRW spot market. This dual-pronged move sent liquidity and attention soaring instantly.
More clearly in the data: daily deposits topped 850 million KRW, the price surged 40% over 24 hours, and it is currently around $0.0000029. 24h trading volume reached $45.85 million, and the market cap climbed to $172 million. When retail funds from South Korea step in, short-term volatility is often amplified sharply—especially for low-priced, small-cap assets like this. Emotional momentum and profit-taking tend to happen almost simultaneously.
I’m focused on two things: first, whether the sustained buy pressure after the simultaneous dual exchange listings can continue, or whether this is only a one-off release of an “exchange listing” momentum. Second, whether the price gap between the USDT pair and the KRW market will create an arbitrage channel, which could in turn cap the rebound’s height. For those who want to participate, I recommend trying with a small position size and placing your stop-loss below key support—don’t let a 40% surge drag your emotions along.
Korean liquidity entering the market is both a booster and a double-edged sword.
#Nexus #韩国交易所 $NEX
More clearly in the data: daily deposits topped 850 million KRW, the price surged 40% over 24 hours, and it is currently around $0.0000029. 24h trading volume reached $45.85 million, and the market cap climbed to $172 million. When retail funds from South Korea step in, short-term volatility is often amplified sharply—especially for low-priced, small-cap assets like this. Emotional momentum and profit-taking tend to happen almost simultaneously.
I’m focused on two things: first, whether the sustained buy pressure after the simultaneous dual exchange listings can continue, or whether this is only a one-off release of an “exchange listing” momentum. Second, whether the price gap between the USDT pair and the KRW market will create an arbitrage channel, which could in turn cap the rebound’s height. For those who want to participate, I recommend trying with a small position size and placing your stop-loss below key support—don’t let a 40% surge drag your emotions along.
Korean liquidity entering the market is both a booster and a double-edged sword.
#Nexus #韩国交易所 $NEX