RVN Token Soars 150% After Upbit Listing, Hits $445M Volume Amid South Korean Surge

Ravencoin (RVN) experienced a significant price surge in the past 24 hours, primarily driven by its recent listing on Upbit, a major South Korean exchange. This event led to a sharp increase in trading activity, particularly among South Korean traders, with aggregate trading volume rising over 350% in short intervals and daily volume reaching as high as $445 million across exchanges. The listing enabled direct KRW purchases, fueling a rapid price jump of over 150% at its peak, followed by high volatility and subsequent corrections, in line with trends observed in other tokens after similar exchange listings.

Currently, RVN is trading at $0.02051 on Binance, reflecting a 24-hour price increase of 30.47% from an open of $0.01572, with significant trading volumes and ongoing volatility. Despite the recent gains, RVN remains well below its all-time high, and the market continues to show rapid price fluctuations following the initial post-listing surge.