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Puffer Soars on Upbit Won-Market Listing, Jumps as Much as 243.75% on BTC Market

Source
Doohyun Hwang

Summary

  • Puffer (PUFFER) surged as much as 243.75% intraday on Upbit’s BTC market alongside its won-market listing.
  • On the won market, Puffer climbed to 118 won at one point, up 26.88% from its initial matched price of 93 won, while trading value was tallied at about 6 billion won.
  • Upbit said Puffer is a restaking protocol that uses Ether, and that the PUFFER token is used for governance.

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Photo: Upbit
Photo: Upbit

Puffer (PUFFER) surged after listing on Upbit’s won market. On the exchange’s existing BTC market, the token rose more than 240% intraday from the previous day’s close.

As of 2:10 p.m. on October 15, Puffer traded at 0.00000091 BTC on Upbit’s BTC market, up 184.38% from the prior close. It climbed as high as 0.00000110 BTC during the session, for a gain of 243.75%.

On the won market, where trading began the same day, Puffer changed hands at 102 won, up 9.68% from its initial matched price of 93 won. It rose as high as 118 won earlier, marking a 26.88% gain from the initial trade. Trading value on the won market totaled about 6 billion won.

Upbit announced the addition of Puffer to its won market on October 15. Puffer is a restaking protocol that uses deposited Ether to help secure other networks. The PUFFER token is used for governance, allowing holders to participate in key project decisions.

#Staking
Doohyun Hwang

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀

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