Two low-cap altcoins, Pocket Network (POKT) and Livepeer (LPT), have experienced significant price spikes after getting listed on Upbit.
POKT price surged by 350% to $0.058, reaching a market cap above $100 million, while LPT soared by over 80% to around $10.17 with a market cap exceeding $420 million.
The price increase was mainly driven by Upbit's decision to list the LPT/KRW, LPT/USDT, and POKT/KRW trading pairs, boosting the visibility and accessibility of these altcoins.
This event follows a trend where cryptocurrencies, such as DeepBook (DEEP) and TRUMP, saw significant price rallies after receiving support from Upbit in the past.