INFINIT soars 130% after Upbit announces KRW market listing.
Indicators indicate strong inflows and a potential continuation of the rally.
If momentum holds, IN’s price could climb toward $0.52 next.
IN, the native token of the DeFi protocol INFINIT, surged to a new all-time high today.
This occurred when the INFINIT token price increased by 130% within a short period of time.
According to CCN’s findings, South Korean exchange Upbit’s decision to list the cryptocurrency played a significant role in the rally.
But will IN’s price continue to hit new highs? Let’s find out.
INFINIT Rallies on Upbit News
On Oct. 9, the INFINIT token price was trading at $0.13. However, earlier today, it surged to $0.30 after Upbit announced that it would list the cryptocurrency.
“Infinite (IN) KRW Market Trading Support Notice Supported Market: KRW Market Trading Support Start Time: Scheduled for 2025-10-10 15:30 KST,” The exchange wrote on its X page.
For those unfamiliar, the INFINIT token launched on Aug. 1, debuting at around $0.085.
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One reason for this is the Supertrend indicator. As of this writing, the green line of the Supertrend indicator is below IN’s price.
This indicates support for the uptrend. If this remains the same, the INFINIT token price might rise to the top of the wick at $0.34.
The on-chain perspective also presents a bullish bias. According to Santiment, INFINIT’s 24-hour active addresses have rallied to a new high.
However, the Weighted Sentiment has remained in the negative region.
While INFINIT’s 24-hour active addresses hitting a new high suggests vigorous network activity, the negative Weighted Sentiment reveals that the broader crowd still doubts the rally’s sustainability.
INFINIT Active Addresses and Weighted Sentiment | Credit: Santiment
Historically, this combination has preceded continued price growth. If this trend continues, INFINIT’s price could continue its uptrend as bearish traders get squeezed out, fueling another breakout.
IN Price Prediction: No Pullback Yet
On the daily chart, the Moving Average Convergence Divergence (MACD) has confirmed a bullish crossover.
This crossover marks the beginning of a sustained uptrend, especially when accompanied by rising trading volume.
On the other hand, the outlook could weaken if capital inflows cool or volume dries up.
A drop below the $0.16 support would invalidate the bullish setup, exposing IN to a possible retest of the $0.12 zone, where bulls would need to defend aggressively to prevent a deeper correction.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.