Analyzing the Upbit Listing Effect | Credit: Hameem Sarwar
Share
Key Takeaways
Upbit listings have caused massive price increases in 2025.
Most of the listed tokens have experienced short-lived pumps.
Has the Upbit listing had any long-lasting effects on any tokens?
In 2025, Upbit listings have become one of the most significant short-term catalysts in the cryptocurrency market.
Each new listing tends to spark immediate surges in price and trading volume, but most tokens lose steam shortly after.
This pattern has raised questions about whether the “Upbit Effect” still holds any real long-term influence or is just a short-term occurrence.
Recent Upbit Listings
Five recent tokens that were listed on Upbit and subsequently pumped are Clearpool (black), Bio Protocol (blue), TOSHI (red), Orderly (ORDER) (yellow), and INFINIT (IT) (green).
They have all been listed since the start of September, pumping significantly during listing, as shown on the chart with the vertical lines with the same color as their price movement.
Get These Top Crypto Casino Offers Now!
Sponsored
Disclosure
We sometimes use affiliate links in our content, when clicking on those we might receive a commission at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy.
All five cryptocurrencies experienced significant price increases following their listing on Upbit. However, neither managed to sustain their rallies, and all have fallen close to their pre-listing prices since then.
Orderly was the closest to sustaining an upward movement, creating several new highs after its listing.
However, Orderly has also failed to sustain its rally and is now close to its pre-listing price, following a downward trend over the last two weeks.
Therefore, none of the five coins listed has had any long-term positive effect from the listing. Once the initial pump wore off, significant downward movements began.
Coins listed at the beginning of August experienced stronger pumps than those listed at the end of the month, illustrating the weakening effect of Upbit listing.
Omni Network is the only one that created a higher high (black) shortly after the listing, but has since fallen significantly.
Hyperlane had the strongest pump, but followed the pattern of creating a lower high before moving downward.
Hence, neither of the coins listed managed to sustain their rallies.
Analyzing the Phenomenon
The Upbit listing effect is primarily driven by hype and short-term liquidity inflows rather than fundamental demand.
Traders often rush into newly listed coins, creating a rapid surge in both volume and price.
However, once the initial excitement fades and profit-taking kicks in, the lack of organic buying pressure causes a sharp reversal.
This cycle mirrors the classic ‘listing pump and dump’ behavior, where momentum traders dominate early price action but long-term holders remain cautious.
Final Thoughts
The Upbit listing phenomenon in 2025 has clearly lost its staying power.
While it sparks temporary surges and quick profits for early entrants, it no longer guarantees sustained growth.
Ultimately, Upbit listings are becoming less of a long-term catalyst and more of a short-lived trading event.
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.
Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.
He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.
Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.
He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.
