Upbit Lists Dolphin, POD Price Surges 15%
South Korean cryptocurrency exchange Upbit is set to list Dolphin (POD), an AI-focused project that utilizes open models and unused GPU capacity. The announcement comes with a price increase of 15% for POD, according to CoinMarketCap data.
The trading support for POD will be launched in three markets: KRW, BTC, and USDT pairs. Deposits and withdrawals will only be supported on the Base network, with deposit services expected to begin within two hours of the announcement.
Upbit has implemented some restrictions for the first few minutes of trading, including restricting buy orders for approximately 5 minutes after trading support begins. Additionally, sell orders cannot be placed at prices 10% or more below the previous day's closing price during this time.