The MOCA token, part of the Moca Network, experienced a significant price increase of 380% after being listed on South Korean exchanges Upbit and Bithumb. The token reached an all-time high of $0.426. Upbit was the first to list MOCA, followed by Bithumb, both allowing trading in Korean Won (KRW). The token supports governance and access to features within the decentralized Moca Network metaverse project. The listings on Upbit and Bithumb are anticipated to boost MOCA's presence in the crypto market. Additionally, both exchanges renamed the token to "Mocabus" to better connect with local investors. The surge in price led to a 600% increase in trading volume and a 1,250% jump in futures open interest. The co-founder of Animoca Brands expressed excitement about South Korea's role in promoting web3 adoption. The current price of MOCA is $0.24, with a market cap of $383 million.
- Content Editor ( coinpedia.org )
- 2024-12-16
MOCA Token Surges by 380% After Major South Korean Exchange Listings