South Korea’s largest cryptocurrency exchange Upbit has sparked significant market activity with the addition of four low-cap altcoins: Livepeer (LPT), Pocket Network (POKT), FLOCK, and FORT. The listings triggered immediate price rallies, with POKT surging over 250% and LPT gaining traction as traders capitalized on new KRW and USDT trading pairs. These developments highlight Upbit’s growing influence in shaping altcoin liquidity and investor sentiment across Asian markets.
The exchange announced support for LPT and POKT in its KRW market, while FLOCK and FORT were added to BTC and USDT pairs. Livepeer, a decentralized video streaming protocol built on Ethereum, saw heightened interest due to its AI-powered video transcending capabilities. Meanwhile, Pocket Network’s blockchain data infrastructure platform attracted attention as its token became accessible to South Korea’s retail investors.
Livepeer’s AI-Driven Video Network Gains Momentum
Livepeer’s listing on Upbit marks a strategic expansion into one of Asia’s most active crypto trading hubs. The protocol enables decentralized video streaming by leveraging a network of node operators who provide transcoding services. Its AI-powered optimization tools aim to reduce costs for developers building video applications, positioning it as a key player in the Web3 media landscape.
The LPT/KRW and LPT/USDT pairs went live at 17:00 KST, with the token benefiting from Upbit’s dominant market share in South Korea. While exact price metrics aren’t available from cited sources, blockchain analysts noted increased trading volume across global exchanges following the listing announcement.
Pocket Network’s 250% Price Surge
Pocket Network (POKT) experienced the most dramatic market response, with its price skyrocketing over 250% after the KRW pairing went live at 19:00 KST. The protocol serves as decentralized RPC infrastructure, enabling developers to access blockchain data without relying on centralized providers like Infura. This listing comes as demand for reliable node services grows alongside Ethereum’s Layer 2 ecosystem.
Key metrics following the listing include:
Metric | POKT | LPT |
---|---|---|
Listing Pairs | KRW | KRW/USDT |
Network | Pocket Network | Ethereum |
Price Change | +250% | Significant surge |
FLOCK and FORT Enter Upbit’s BTC Markets
The AI-focused FLOCK token and security infrastructure project FORT debuted on Upbit’s BTC and USDT markets. FLOCK, operating on Base network, facilitates decentralized AI model training through its collaboration platform. FORT, an Ethereum-based project, provides real-time threat detection for smart contracts and DeFi protocols.
Both assets saw immediate buying pressure despite lacking KRW trading pairs, underscoring Upbit’s role as a gateway for international investors seeking exposure to niche crypto sectors. Market observers noted increased cross-exchange arbitrage activity following the listings.
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The Upbit listings demonstrate how exchange support can dramatically alter a project’s liquidity profile, particularly for infrastructure-focused tokens. As South Korea maintains strict crypto regulations, these carefully vetted additions signal growing institutional interest in decentralized compute networks and AI-powered blockchain solutions.
- Livepeer (LPT)
- A decentralized protocol for video streaming that uses Ethereum blockchain to distribute transcoding tasks across a network of nodes.
- Pocket Network (POKT)
- Decentralized infrastructure providing RPC access to multiple blockchains, incentivizing node operators through cryptocurrency rewards.
- KRW Trading Pair
- A cryptocurrency market where assets are traded against the South Korean won, often indicating localized investor demand.
- Decentralized Infrastructure
- Blockchain-based systems that distribute network operations across multiple participants rather than relying on centralized servers.