One of the major crypto exchanges of South Korea, Bithumb is set to add Athena to its Korean victory market today.
According to the official of Bithumb AnnouncementTrading for Athena (ENA) will start from KST on Tuesday, February 25, 2025 at 6:00 pm. Deposit and withdrawal will open within three hours of notice, but only on the atherium network.
The initial price of Athena will be 536 KRW, and traders should wait for 33 deposits to be confirmed before processing the transaction.
Bithamb has also imposed some temporary sanctions for launch. Buyers will not be able to order in the first five minutes of trading, and orders will be limited during this period to sell the base price of K -10% to +100%. Automatic trading will be available only after the first transaction is completed.
Last year, ENA acquired a list on 2 April 2024 on another major South Korean Crypto Exchange, Bybit, where it could be traded against USDT.
Listing on major crypto exchanges such as Bybit and Bithumb triggers a sharp increase in the price of corruptocurrency. However, Ana saw only a modest rebound, cured some of her losses from the previous day, while in the last 24 hours, still 7.5% below.
ENA’s MUmed Price Moves reflected a widespread recession in the Crypto market, as $ 1.4 billion bibit hacks and gendering macroeconomic jewels sent traders to traders running for cover.
Despite the recent recession, analysts remain rapidly at ENA’s long -term capacity.
Trader solid, with more than 117k followers on X, noted If the price of ENA is reduced more within the trading range of $ 0.3100 to $ 0.4136, then Eena may probably rally rally at its all -time high of $ 1.52 and enter the price search.
Fellow trader Alejandraobtak, who was also optimistic about ENA, said it looked like a ‘good purchase’ in a uniform accumulation range. According to the 1-day chart shared, AltCoin grew from August to November 2024 within the same accumulation range from nearly 300% to $ 1.25 in December last December. See below:
However, the next major step of the ENA will probably improve wider market conditions.
At the time time, Eena was exchanging hands at $ 0.3811, sitting $ 1.18 billion with its market cap.