South Korea’s leading cryptocurrency exchange, Upbit, has officially announced the listing of MOCA, now rebranded as Mocaverse, on December 16, 2024. Trading pairs in KRW, BTC, and USDT will go live at 2:00 PM KST, marking a significant milestone for the Web3-focused token. This new listing is expected to generate substantial attention in the crypto community, as Mocaverse aims to redefine cultural interoperability within the Web3 ecosystem.
The official notice from Upbit revealed key details regarding the trading of $MOCA. The supported network for trading will be Ethereum (MOCA-Ethereum). Users are reminded to ensure they deposit and withdraw using the correct Ethereum network, as using unsupported networks may result in irreversible errors and delays. Upbit also emphasized that personal wallet addresses must complete “ownership verification” for deposits and withdrawals to be processed successfully.
While trading for MOCA begins today, Upbit has implemented certain restrictions to maintain a safe trading environment. For instance, there will be a five-minute buy limit right after trading starts. Additionally, the minimum sell price for orders will be set at 10% below the previous day’s closing price during the first five minutes. Market and reservation orders will be restricted for an hour after trading begins, in line with Upbit’s standard protocol to ensure fair trading conditions.
As of the latest data on December 16, 2024, the price for 1 MOCA is 137.5 KRW, 0.00000091 BTC, or 0.09618 USDT. The announcement has already sparked a surge in the token’s market activity. Following the listing, MOCA’s price surged by an impressive 330.26%, reaching $0.3772. The token’s market cap also skyrocketed by 332.96%, reaching $485.47 million, with 24-hour trading volume seeing a staggering 319.57% increase to $77.84 million.
Mocaverse’s mission to provide secured cultural interoperability within the Web3 space is gaining momentum with this major exchange listing. As Upbit leads the charge in bringing this token to a broader audience, MOCA’s future looks promising, with its innovative tokenomics and growing market presence expected to fuel its rise further in the crypto market.
Also Read: BONK Rockets 12% After Upbit Listing, Market Cap Tops $4.2B
For crypto enthusiasts and traders, the listing of MOCA on Upbit presents an exciting opportunity to participate in the token’s early-stage growth. However, as always, it is important to be aware of the platform’s trading restrictions and guidelines to ensure a smooth experience.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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