CandleFocus

CKB skyrockets 111% in a week following Upbit listing, hits highest level since June

The native token of Nervos Network, CKB, has experienced a significant surge in price due to its recent listing on the South Korean exchange Upbit. This has made it easier for traders to purchase CKB, leading to increased demand and a jump in price. The token's market capitalization has reached $729 million, and it is now the 92nd largest digital asset globally. The surge in price is accompanied by a spike in trading volume and investor activity. However, the overbought condition of the Relative Strength Index suggests the possibility of a correction or consolidation in the near term. Traders should monitor the momentum and be cautious.

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