Upbit Launches ZEROBASE (ZBT) with Spot Trading Support

On October 17, Upbit announced the listing of ZEROBASE (ZBT) in KRW, BTC, and USDT trading markets, marking a significant entry into the crypto exchange landscape.

This multi-exchange launch, involving Binance, Bitget, and MEXC, not only diversifies trading options but also introduces ZBT through extensive airdrop campaigns, potentially increasing market engagement.

Upbit and Major Platforms Unite for ZEROBASE (ZBT)

Upbit’s listing of ZEROBASE (ZBT) was announced on October 17, offering trading options in KRW, BTC, and USDT markets. This coordinated exchange listing also includes platforms such as Binance, Bitget, and MEXC. These exchanges, including Upbit, supported the spot trading of ZBT and conducted airdrop campaigns to encourage user engagement. ZBT is positioned as a native token of the ZeroBase Prover Network, emphasizing decentralized computing.

The introduction of ZBT across multiple exchanges is expected to increase its market presence and liquidity. Binance offers unique features, such as Booster airdrop events and high-leverage perpetual contracts, aimed at driving liquidity and trading volume.

Community response indicates general awareness without significant commentary from key figures. Binance communicated potential risks tied to participation in Booster Programs, focusing on market volatility and particular project risks. Official sentiment suggests favorable market conditions for ZBT’s adoption.

Products and services referred to here may not be available in your region… Users are responsible to understand and accept the risks associated with participating in Booster Programs, including but not limited to the inability to claim tokens during the lock-up period, market volatility, and project-specific risks. — Binance Official Communication

Market Trends and ZEROBASE (ZBT) Performance Metrics

Did you know? The simultaneous listing strategy of ZBT builds on previous trends seen with emerging zero-knowledge protocol tokens, aimed at swiftly establishing strong network effects and user engagement.

According to CoinMarketCap, ZEROBASE (ZBT) is currently priced at $0.41, with a market cap exceeding $89.95 million. A considerable trading volume of $569.68 million highlights market interest, although ZBT has experienced a 49.45% decrease over the past 24 hours. Its circulating supply stands at 220 million, with a maximum supply of 1 billion tokens.

Coincu research suggests the broad-scale listing and airdrop campaigns are poised to foster significant liquidity and early trading incentives for ZEROBASE (ZBT). These actions, observed in similar token launches, may lead to increased initial trading volumes and active network participation.