KAIA single day crazy pull of 55%+! The launch of Upbit in South Korea has ignited Asian funds, with trading volume skyrocketing by dozens of times

On October 9th, Upbit, the largest exchange in South Korea, officially launched KAIA's KRW, BTC, and USDT trading pairs. As soon as the online news came out, KAIA prices quickly rose, with a 24-hour increase of over 55%, reaching a peak of around $0.06. According to market data, KAIA's trading volume on platforms such as Binance has significantly increased compared to before, with some periods experiencing a surge of tens of times in trading volume compared to the 30 day average, making it one of the strongest rising targets of the day. Why was he pulled crazy Exchange launch catalyst: Upbit is the largest cryptocurrency exchange in South Korea, which directly opened up a huge entry point for Korean retail funds after its launch, forming a clear "launch market". Asian capital influx: The Korean market has a high acceptance of local/Asian projects, with a large influx of buying orders shortly after their launch, driving prices and trading volumes to skyrocket simultaneously. Altcoin rotation environment: Currently, mainstream coins are relatively stable, and funds are more willing to pursue high elasticity targets with clear catalysts. KAIA has hit this rhythm perfectly. Liquidity resonance: After the launch of Upbit, arbitrage and follow the trend funds from other global exchanges (including Binance) entered the market synchronously, further amplifying the volatility. Currently, KAIA is still in the high wave stage. There are risks in the market, so investment should be cautious and the protection of principal should be prioritized. This is for reference only and not investment advice.