HBAR Rallies Nearly 9% Following Bithumb’s Listing Announcement
HBAR surged nearly 9% in the early hours of today. The Hedera in-app payment instrument broke above significant resistance at $0.051. HBAR’s rally followed a listing announcement by Bithumb, a Korea-based crypto exchange. HBAR, the native cryptocurrency of the Hedera network, surged n early 9% in the early hours of today. The in-app payment instrument broke above significant resistance at $0.051 while reacting to the news of being launched on Bithumb, a Korea-based cryptocurrency exchange. In a recently uploaded video, the host of Classy Crypto, a crypto YouTube channel, observed that the recent HBAR rally coincided with the recent announcement. Although he did not interpret the details, such as the actual listing time, the crypto influencer noted that the plan to list on Bithumb was enough to initiate the price rally. According to the Classy Crypto channel host, the XRP token generates the bulk of the volume traded on Bithumb. However, what interests h...