$NCT Surges 200% Before Upbit Listing
South Korean cryptocurrency exchange Upbit announced on August 26 that it would add PolySwarm's $NCT token to its Korean won market. This gives $NCT a direct fiat trading route on South Korea's largest crypto exchange by reported domestic volume, which is Upbit.
The listing was scheduled to begin at 9:00 p.m. Korea Standard Time, with initial KRW trading controls set using the previous closing price of $NCT/BTC, which was approximately 6.55 won. Upbit will open $NCT/KRW with temporary restrictions, including a block on buy orders for about five minutes after trading begins and limit orders only available during the first two hours.
The exchange warned that the opening 'may be postponed' if deposits and withdrawals do not produce sufficient liquidity, but at the time of research, Upbit had not announced a delay. The market remained scheduled to open as planned.
$NCT recorded a sharp market response before the Korean won pair opened, trading near $0.0146 as of 7:43 p.m. KST and gaining approximately 200% over 24 hours according to CoinGecko data. This increase occurred after Upbit published its listing announcement.