On November 21, Bithumb, the second largest Crypto exchange in South Korea, announced that they will list two new altcoins.
Specifically, TON (The Open Network) and METIS (Metis) will be listed on the exchange at 6:00 PM on November 21, 2024. Deposit and withdrawal on the exchange will only support the TON network for $TON and Ethereum for $METIS.
The two trading pairs to be listed soon will be:
- TON/KRW
- METIS/KRW
Immediately after the news, the price of the METIS coin surged 13%. Meanwhile, the price of TON increased slightly by 2%.
The Open Network (abbreviated as TON, originally called Telegram Open Network) is a decentralized Layer 1 blockchain project, built with the aim of creating a blockchain network with extremely fast transaction speed, low fees, easy to use and environmentally friendly. TON is a blockchain that uses the Proof of Stake consensus mechanism similar to Solana or Ethereum 2.0 today.
Metis - Layer 2 Platform uses Optimistic Rollup technology on Ethereum, extremely easy to use with low costs and many features to support the transition from Web 2.0 to Web 3.0.
