CT Rises More Than 48% Amid Upbit Listing Plans as FDV Reaches $300 Million

CT climbed more than 48% on Monday, Oct. 19, briefly trading above $0.44 amid plans for Upbit to list the token in KRW, BTC and USDT markets. The move lifted CT’s fully diluted valuation to $300 million before its price retreated to $0.39.

Upbit’s plan covers three CT markets: KRW, BTC and USDT. The won pair would provide a direct local-currency route alongside the crypto-denominated markets.

Similar short-term gains have followed other Upbit listing news for WLD, IP, WCT, ALT, KAT, HOME and ARX. Those moves ranged from 15% to 100%, putting CT’s more-than-48% rise within that span.

CT later eased to $0.39 after briefly topping $0.44, surrendering part of the move. The three-market listing remains planned, with the Korean won route distinguishing CT’s market lineup.