The native token of Safe Wallet, SAFE, experienced a 20% surge in price after being listed on the Bithumb exchange. The altcoin's rally occurred in a high-volume environment, with its daily trading volume increasing by 429%. Despite the recent rally, SAFE still has significant growth potential, as its price remains 69% below its all-time high. The addition of a SAFE/KRW trading pair on Bithumb will make the token more accessible to the South Korean market. However, it is worth noting that rallies following exchange listings often face reversals as investors secure profits. The weighted funding rate for SAFE indicates that short sellers are dominating the market. At the time of writing, SAFE had fallen 7% from its daily high and was trading at $1.01 per coin.



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