WET Listing on Upbit Soars 40%: A Pure 'Korean FOMO' or the Start of Value Discovery?
#BTC As an observer focused on the Web3 data track, 👍 I wasn’t surprised to see $WET listed on South Korea's largest exchange #Upbit this morning, quickly achieving a 40%+ increase. I want to discuss the logic behind this and what we ordinary investors can pay attention to.
Liquidity Effects: Upbit's dominance in South Korea goes without saying. It brings not only new funds but also a partial transfer of pricing power. New exchanges going live, especially the first listing on a top-tier exchange, often comes with intense value reassessment.
Market Sentiment Temperature Difference: We often find that there is a 'temperature difference' in project preferences between Asian markets (especially Korea and Japan) and European and American markets. WET's performance this time is typically driven by a 'Korean narrative'. This reminds us that besides keeping an eye on Binance and Coinbase, having a regional perspective provides more Alpha opportunities.
For those of us trading on Binance, this case has good reference value:
How to capture the next potential asset that might be 'blessed' by other mainstream exchanges in advance?
What do you think about WET's recent trend?
Is it short-term liquidity speculation or long-term value return?
Will you consider 'upcoming listings on other mainstream exchanges' as an important factor in your investment decisions? #up #市场分析 #ALPHA #币安广场
Feel free to discuss rationally in the comments.


