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South Korean Doping for this Altcoin! Price Reacted!

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Bithumb, South Korea's second largest cryptocurrency exchange after Upbit, started the day with an altcoin announcement.

At this point, Bithumb announced that it will list the altcoin named Core ($CORE).

“Today $CORE will be added to the Korean Won market.

$CORE transaction support:

Supported Market: Korean Won Market

Supported Network: Core (Deposits made through other networks are not supported.)

Deposit start: 24.06.2024 15:00

Transaction/Withdrawal Start: 24.06.2024 17:00″

Following the listing news, the $CORE price increased by more than 8%. However, due to the bearish trend in Bitcoin and the overall market, the $CORE price gave back the majority of its gains.

In the sharp decline experienced this morning, the leading cryptocurrency Bitcoin ($BTC) fell to $ 62,170. While altcoins were also negatively affected by this decline in $BTC, the largest altcoin Ethereum (ETH) dropped to $ 3,350.

What is Core?

$CORE is a decentralized layer 1 DAO project and is compatible with EVM to run Ethereum dApps.

*This is not investment advice.