The ups and downs of Bitcoin (BTC), Ethereum (ETH) and Altcoins continue, but one Altcoin has noticed a big rise.
At this point, Strike (Strike) named Altcoin was delisted on Upbit and Bithumb, and increased despite waiting to be delisted.
Therefore, the strike has achieved 240% value over the past two days.
South Korea’s largest cryptocurrency exchange Upbit and Bithumb announced on August 21, 2023 that they would abolish strike tokens and cite liquidity and regulatory concerns.
Announcements of repeal usually drop significantly to the prices of related altcoins, but the opposite happened due to the strike.
This situation was described as similar to the “stock market exit wave,” where prices rise before listing. Therefore, experts advised investors to be cautious about strike prices.
*This is not investment advice.