Bithumb announces listing of this coin, causing the price to increase

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On November 29, Bithumb, the second largest Crypto exchange in South Korea, announced that they will list a new altcoin.

Specifically, the FIL (Filecoin) token will be listed on the exchange at 2:00 PM on January 06, 2025. Deposits and withdrawals on the exchange will only support the Filecoin network for $FIL.

The trading pair to be listed soon will be:

  • FIL/KRW

Immediately after the news, the price of the FIL coin surged 8%.

FIL price increased 8%
FIL price increased 8%

Filecoin is a decentralized protocol that allows users to rent and lease storage space on computers. Anyone in the world can participate in this network, creating a massive data storage resource. Developed by Protocol Labs and led by Juan Benet, Filecoin is expected to provide a secure and efficient decentralized storage solution.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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