PEAQ price skyrocketed 35% and VANA soared by 10% following a listing announcement by Bithumb, one of South Korea’s top crypto exchanges. The listing has boosted market confidence in both tokens, with the Peaq token nearing its all-time high and VANA showing steady gains. These price movements reflect growing interest in the unique utilities of these tokens, as investors gear up for increased trading opportunities.
PEAQ and VANA Price Surge After Listing on Bithumb
South Korea’s second-largest crypto exchange, Bithumb reported on January 2 that it will list PEAQ and Vana network tokens. Both tokens will be available in the KRW pairs, enabling users to trade them directly against the Korean Won.
PEAQ’s base price was set at 853 KRW, while VANA debuted at 23,730 KRW on the exchange. The listing announcement detailed that deposits for both coins would begin within three hours of the notice, and trading would commence at 4 PM KST. Bithumb noted that deposits through non-native networks would not be supported to ensure seamless processing.
Additionally, Bithumb emphasized transaction restrictions to safeguard user experience during the initial trading period. The exchange restricted buying orders for the first five minutes. The platform also limited sell orders to a range of -10% to +100% of the standard price. Traders could only use automatic trading after completing the first transaction.
Price Performance and Market Context
PEAQ price surged by 35% to $0.715, nearing its all-time high. It recorded a 24-hour low of $0.522 and a high of $0.72. It boasts a market cap of $463 million and a trading volume of $55.56 million. The token powers core DePIN functions like governance, transaction fees, and staking.
As per DigitalCoinPrice, the average PEAQ price prediction for 2025 is $1.49. While by 2030, it may reach approximately $3.67. This L1 token remains unlisted on Binance and other top exchanges. Analysts believe that future listings could trigger exponential price surges as accessibility increases.
Vana Network, a Layer 1 blockchain focused on decentralized data networks, empowers data ownership and incentivizes contributions to DataDAO through governance rights and token rewards. Its price surged 10% to $17.62, with a 24-hour low of $15.41 and a high of $17.83. The network boasts a market cap of $528 million and a trading volume of $169 million. Price predictions suggest Vana Network could reach $34 by 2025 and approximately $85 by 2030.
Furthermore, DeBridge (DBR) price recently hit its all-time high after a 30% jump following its listing on Bithumb. Crypto listed in KRW pairs usually witnesses a pump-and-dump. Besides, it also reflects the strong influence of the top crypto exchanges among investors. However, analysts expect the utility and growing adoption of these tokens to drive their value higher, solidifying their market positions.
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