SIGN, the token linked to its namesake’s multi-chain identity protocol, rose by 60% on Tuesday after being listed on Korean exchange Upbit.
The listing follows the token’s release on Binance, where it became the first project to be selected by the Binance Alpha campaign.
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Trading was initially muted on Binance as it traded between $0.06 and $0.08. The Upbit listing boosted prices to $0.129 before receding to $0.11.
Trading volume also increased from $402 million in the 24-hour period prior to Upbit’s listing announcement to $898 million, indicating notable interest among Korean traders.
The move follows a wider trend related to Korean exchange listings, earlier this month filecoin (FIL) rose by 30% following an Upbit listing alongside a similar rise in trading volume.