Add as a preferred source on GoogleZEST Gains 14.18% in 15 Minutes Ahead of Planned Bithumb Listing
ZEST briefly reached 0.23 USDT and was quoted at 0.22 USDT before trading was scheduled to begin in Bithumb’s Korean won market.
Zest Protocol’s ZEST token gained 14.18% over 15 minutes and briefly reached 0.23 USDT before Bithumb’s planned listing in its Korean won market.
ZEST was quoted at 0.22 USDT at 10:45 p.m. ET Sunday (02:45 UTC Monday). The price move came after Bithumb announced plans to list the token, without establishing that the planned listing caused the gain.
Trading was scheduled to begin at 1 a.m. ET (05:00 UTC) on Oct. 12. The planned listing would give ZEST access to a new trading venue in South Korea.
Zest Protocol launched a capped mainnet demo on Sept. 23 that lets users borrow USD Coin (USDC) against native Bitcoin (BTC) without wrapping the asset or transferring it to a custodian. Users deposit BTC into self-custodial Taproot vaults on the Bitcoin network, while Ethereum-based smart contracts track collateral and manage borrowing positions.
TokenPost previously covered Bithumb’s planned ZEST listing.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.