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Written article: Shaofaye123, ForeSight News
With the strengthening of the market, the new wealth effect on Upbit is also more obvious.The highest increase in AGLD on the first day of AGLD has reached 150%, Drift reaches 190%, and tokens such as SAFE, Carv, PEPE and other tokens also have 100%increase.How to grasp the new wave of wealth on Upbit?
The UDC conference is the upper currency of the UPBIT currency.According to statistics, from 2018 to 2023, the winning rate of the SCO 76%.On November 14th, the UDC conference was held as scheduled. This article will take you to the UDC participation project.
About UDC Conference
UDC is a South Korean representative blockchain conference held by Dunamu since 2018. It aims to promote the development of the blockchain industry, the growth and popularization of the ecosystem, and it has been held for seven years.The theme of this year’s UDC conference is “Blockchain: Promoting Real World Change”.Study the processes and reality changes from the theme of trends, finance, policies, technology, and culture under the topic of the trend, technology, and culture.
According to LayerGGOFFICICICIAL statistics, from 2018 to 2023, about 66 projects participated in UDC, of which 37 projects were launched on KRW FAIR before participating in UDC.Of the 29 projects, 13 were launched in the form of KRW after UDC.(44.8%)
Why is the UDC conference so status?Where does the wealth effect of Upbit come from?
As the largest exchange in South Korea, UPBIT occupies a leading position in the Korean market in terms of transaction volume and number of users, with about 73% of the market share.South Korean investors can purchase cryptocurrencies directly through the Korean won. The convenience and great wealth effect of gold entering the gold have made South Korea’s cryptocurrencies transaction volume beyond the stock market of the country.This determines that the new tokens on the upbit have a strong buy.The UDC conference is an event hosted by the UPBIT parent company Dunamo. Although the activity time and the number of participants are slightly smaller than KBW, the important degree is self -evident.In the project participating last year, ZRO, MNT, STG and other tokens have launched UPBIT this year, and its indication effects still exist.
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Data source: https://x.com/layerggofficial/status/171414590494357774? S = 46
UDC 2024 participation project
This year’s UDC conference was held yesterday. In the projects participating, Axlar, TAIKO, Zetachain, Mantle, Cyber, etc. have all been launched on UPBIT.As of this year’s conference, there are currently 10 UPBITs have not yet been launched, or KRW transactions have not yet been launched.
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Among them, the uns online projects are SLP, HN, GALA, NFT, Rose;
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BTC transactions have been launched, but there are no KRW transactions: MKR, YGG, IoTX;
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Have not issued coins, but those who have participated in UDC are: Linea, Magic Eden
Combined with the theme and wind direction of this year’s UDC conference, compliance and AI are still strong narratives.Although Oasis Network has not participated in the UDC conference this year, with the help of AI narrative, Rose has ushered in a wave of increases on November 5.In addition, South Korea pays more attention to the NFT and the game market. Magic Eden’s tokens also have higher possibilities to be online.
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In addition to the forward -looking effect of the UDC conference, the Bithumb of another South Korean exchange also has a certain correlation with the new on UPBIT.Affected by narratives, the two exchanges will concentrate on currency during a certain period of time. If the new AI tokens are on the same period at the beginning of the year, the new Memecoin is currently concentrated.For the protection of investors, the South Korean exchange usually does not choose new currencies with a small market value and shorter time. The previous last base currency is mostly laundering for a long time, the market value is large, and the currency price is relatively stable.
