UPBIT plans to launch Concrete (CT)KRW、BTC and USDT trading markets
BIBIBI
AT A GLANCE
CT briefly rose by more than 48%before retreating to 0.39 USD,FDV rising to 300000000 USD。
Article
CT briefly rose by more than 48%,FDV rising to 300000000 USD BlockBeats reported that October 19, according to HTX market data, possibly influenced by news that “Upbit will launch on the KRW、BTC、USDT market,”CT CT briefly rose by more than 48%, before retreating to 0.39 USD,FDV rising to 300000000 USD.
Original link https://m.theblockbeats.info/flash/372541
Key points
01
BlockBeats stated that October 19, according to HTX market data,CT briefly rose by more than 48%。
02
CT before subsequently retreating to 0.39 USD。
03
CT's FDV rose to 300000000 USD。
04
The original article stated that market volatility may have been influenced by news that “Upbit will launch on the KRW、BTC、USDT market CT.”
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This news describes CT's short-term price movement: the price rapidly rose by more than 48%, followed by a pullback.FDV rose to 300000000 USD, indicating that the fully diluted valuation, estimated based on the relevant token price, reached this level.
Why it matters to readers
The sharp short-term rise followed by a retreat indicates that CT experienced significant price volatility;Upbit the launch news may be a focus of market attention, but the original article only stated that it was “possibly influenced” by this news.
Beginners should distinguish between price gains and FDV: gains describe price changes, while FDV is a valuation metric and does not equate to actual capital inflows or project revenue.
Risks and unknowns
The original article does not provide Upbit's official announcement, so it is not possible to confirm whether the launch has been implemented or its specific timing.
The causal relationship between the price increase and the launch news has not been confirmed.
The original article does not specify the starting and ending prices for the gain, the measurement period, or trading volume.
The original article does not explain FDV's specific calculation methodology.
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FDV
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