Cysic Price Surges Before Upbit Listing with New Trading Pairs
The Cysic token (CYS) has seen a significant price surge in recent days, rising by over 223% within a week. This increase precedes the announcement by South Korean exchange Upbit to list CYS on their platform with new BTC and USDT trading pairs.
Upbit initially scheduled the listing for August 10 at 14:00 KST but postponed it twice, ultimately setting the launch time to 20:00 KST. The exchange's decision to delay the listing was due to concerns about liquidity after deposits and withdrawals were enabled through Base.
Although the price surge occurred before Upbit's announcement, speculation has emerged that some traders may have had advance knowledge of the listing. However, there is currently no verified evidence supporting this claim.