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Moonbeam (GLMR) token up 50% following listing on Upbit

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GLMR, the native crypto of the Moonbeam protocol, surged over 50% after news broke of its upcoming listing on the South Korean crypto exchange, Upbit. Moonbeam’s native token , GLMR, is experiencing a significant surge, rising by over 50% in the last 24 hours. The surge comes on the heels of a Sep. 25 announcement by Upbit, a South Korean exchange, that will list GLMR on its exchange, with a GLMR/BTC trading pair set to go live later today. The GLMR listing has sent a wave of excitement through the market, highlighting the move’s potential impact. Moonbeam operates within the Polkadot (DOT) ecosystem and aims to offer a user-friendly smart contract platform. GLMR serves multiple functions within the Moonbeam Network, including facilitating transaction fees and staking. You might also like: Crypto accounts for 70% of South Korea’s overseas assets Before the Upbit announcement, GLMR had been languishing under the $0.2 threshold for quite some time. Yet, the to...