ALT Token Soars 64.68% After Upbit Listing, Surpassing $3.8M in First-Day Trading Volume
Altlayer (ALT) experienced a significant 64.68% price increase over the past 24 hours, rising from 0.02480 to 0.04084 USDT. This sharp price movement is primarily attributed to its recent listing on Upbit with KRW and USDT trading pairs, which generated substantial trading activity—over 100 million ALT and $3.8 million USDT traded within the first day. The broader crypto market saw mixed performance, with heightened volatility influenced by macroeconomic factors and regulatory developments, such as OKX’s delisting of several altcoins. Despite this, ALT outperformed most assets, benefiting from strong bullish sentiment and increased liquidity following its new exchange listing. Trading volume for ALT surged, reflecting heightened interest and momentum in contrast to the more subdued or negative returns seen in other cryptocurrencies during the same period.