Avalon 'Lands in Korea' with Surging Trading Volume...Exceeds Bitcoin on Bithumb
JOON HYOUNG LEE
Summary
- It was reported that Avalon (AVL)'s trading volume surged after being listed on Bithumb's KRW market.
- Avalon's 24-hour trading volume reached $36.47 million, surpassing Bitcoin's trading volume.
- It ranked 3rd in terms of trading volume on Bithumb, and Avalon was described as a token of a Bitcoin-based Decentralized Finance platform.
Recently, the trading volume of Avalon (AVL) listed on the KRW market has surged.
According to Wublockchain on the 9th, Avalon's 24-hour trading volume after listing on the domestic cryptocurrency exchange Bithumb recorded $36.47 million. This is higher than Bitcoin's trading volume, ranking 3rd in terms of trading volume on Bithumb.
Previously, Bithumb listed Avalon on its KRW market on the 7th. Avalon is the token of Avalon Labs, a Bitcoin (BTC)-based Decentralized Finance (DeFi) platform.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
