RVN Token Soars 59% After Upbit KRW Listing Spurs Record Trading and $133K Short Liquidations

Ravencoin (RVN) experienced a significant price surge in the past 24 hours, primarily driven by its listing on Upbit with a new KRW trading pair, which triggered heightened demand and a sharp increase in trading activity, particularly from the South Korean market. The Upbit listing announcement led to a rapid influx of buy orders, causing RVN to break through multiple resistance levels and resulting in the liquidation of $133,000 in short positions at the $0.0198 level.

On Binance, RVN is currently priced at $0.01731, up 59.25% from a 24-hour open of $0.01087, with trading volume reaching record highs as the market responded to the news-driven rally. The market remains volatile following the initial surge, with RVN retracing from intraday highs but maintaining elevated activity and interest.