The Sign Protocol's token, SIGN, experienced a significant price surge after the announcement of its listing on Upbit, South Korea's largest cryptocurrency exchange. This announcement marks another major step forward for the Sign Protocol. This expands accessibility for a greater array of potential users, in one of the most important global crypto markets. SIGN price shot up more than 300% after the announcement, clearly demonstrating just how bullish the market was feeling.

Upbit Listing Details

Upbit is going to support SIGN in KRW, BTC and USDT markets allowing users to trade their preferred respective pairs. In the announcement, the exchange said deposits and withdrawals for SIGN would start three hours after their first announcement. We still don’t know the exact trading start date. The buzz from the original listing has generated enough FOMO-induced trading to already send it soaring well past those levels. Specifically, South Korea is one of the most important hotbeds of cryptocurrency trading. Despite these rapid changes in the space, Upbit has emerged as a ruler in the booming crypto arena.

Price and Volume Surge

At time of writing, the SIGN token is trading around $0.13, up 85% from the announcement of the listing. The run-up in price goes hand-in-hand with a 215 times increase in trading volume, which soared to over $658 million. Data indicates a staggering 1,462,136% increase in trading volume within a 24-hour period, highlighting the intense market interest in SIGN. This increase further highlights the positive effect that exchange listings can have on small cap tokens.

Sign Protocol's Mission

The Sign Protocol first and foremost seeks to democratize attestation technology by making it more straightforward and accessible. The protocol running on multiple blockchains not only improves its versatility but its reach within the decentralized ecosystem. In addition to Upbit, SIGN is listed on several other exchanges, among them Bitget, Bitrue and Gate.io. The NZD token’s 61.88 price rally can be largely explained by its growing availability—NZD is now available on at least five separate exchanges.