ApeCoin $APE surges 2,000% against Bitcoin $BTC on major Korean exchange Upbit: What's behind this crypto craze? apecoin bitcoin ape btc apebtc bayc upbit
At the same time, a warning appeared on Upbit's CoinMarketCap page opposite the APE/BTC pair that there may be an outlier in token volumes on the exchange. Such a disclaimer could signal the artificial nature of APE's recent trading on Upbit. The token's trading volume on the Korean exchange is now reported to be $100 million, double that of Binance.
pair on Upbit reached a value of 0.003 BTC, which is around $90. It is important to note that ApeCoin only has this pair on the Korean crypto platform. ApeCoin is currently trading at $30 on Upbit, which is significantly different from the token's price of $4.44 on Binance.
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