Espresso [ESP] Surges 80% on Korean Exchange Listings
The cryptocurrency market experienced a significant shift with Espresso [ESP] surging by 80% in just 24 hours, reaching a value of $0.173. This dramatic increase was triggered by the listing of ESP on Korean exchanges Upbit and Bithumb.
According to data from CoinMarketcap and CoinGlass, this rapid price growth outpaced the broader market, with ESP surpassing nearly every major token in its performance. The sudden influx of liquidity has sparked intense speculation about the token's potential.
The sharp increase in value was accompanied by a significant surge in trading volume, reaching $881 million, and an all-time high in Open Interest, totaling $56.03 million at press time.
Experts point to the historical significance of major Korean listings in fueling extended rallies, with Upbit access often amplifying aggressive retail-driven expansion cycles. This suggests that the rally may carry more than just hype, but also access, reach, and serious market depth.