Upbit's unexpected announcement of Sui Ecosystem Altcoin's listing sparked a substantial price surge.
updated dailyhodl article
Title: DeepBook (DEEP) Token Soars After Being Listed on Upbit, Offering a New Era of Decentralized Trading
Hey there, crypto enthusiasts! Today let's talk about an exciting event shaking up the DeFi space—DeepBook Protocol (DEEP)! This innovative project has recently grabbed headlines with a major listing on South Korean exchange, Upbit, leading to a price explosion.
DeepBook Protocol is a game-changer, offering a decentralized central limit order book (CLOB) on the Sui blockchain, while also supporting multi-chain operations. Unlike traditional automated market maker (AMM) models, DeepBook allows for fixed limit orders, providing a more transparent and efficient trading experience with significantly reduced slippage and improved pricing[2][5].
Following the Upbit listing, the DEEP token experienced a remarkable surge, skyrocketing from a low of $0.0842 on Monday to a high of $0.166 on Tuesday, marking a more than 97% gain[3]! The strong community support and the project's innovative approach to DeFi have been key factors driving investor interest[2].
Further adding fuel to the fire is the project's gripping mission to revolutionize the future of DeFi by partnering with top protocols like Cetus, Aftermath, Kriya, FlowX, and Hop Aggregator[2].
Don't miss out on this incredible opportunity and stay tuned for more exciting updates and price moves on DeepBook Protocol!
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Disclaimer: The opinions expressed in this article are not investment advice. Before making any high-risk investments, investors should conduct thorough research and due diligence.
[2] DeepBook Protocol Announces Upbit Listing Triggering Explosive Price Action, The Daily Hodl, April 17, 2025. [3] DEEP Soars More Than 97% Following Upbit Listing, The Daily Hodl, April 17, 2025. [5] DeepBook Protocol Receives Initial Airdrop and Expires by 2042, The Daily Hodl, April 1, 2025.
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- The DEEP token's remarkable rise can be attributed to its listing on Upbit, a major milestone for the Decentralized Finance industry.
- Cryptocurrency enthusiasts are intrigued by DeepBook Protocol, a revolutionary DeFi project that integrates a decentralized central limit order book on the Sui blockchain.
- Aside from DEEP, various altcoins are making waves in the industry, with Cetus, Aftermath, Kriya, FlowX, Hop Aggregator, and other top protocols partnering with DeepBook.
- Matt Hougan, CIO of Bitwise, noted that a specific factor could propel Bitcoin 'up and up' for a 139% rally by year end.
- In the latest developments, Paydify launched global services, allowing businesses to accept cryptocurrency payments, further integrating cryptocurrency and finance.
