Bithumb Lists This Altcoin! Will the price skyrocket again?

<p>&nbsp;"Wow, Bithumb has listed it, do investors want to buy it?"</p><p><br /></p><p>One of the popular cryptocurrency exchanges in South Korea, Bithumb has finally listed the Korean won-backed cryptocurrency Stargate Finance (STG) on its increasingly popular platform.</p><p><br /></p><p>However, such a listing action by the South Korean exchange will be monitored periodically as it can cause the price of an altcoin to make drastic fluctuations.</p><p><br /></p><p>Recently, Bitcoin Cash (BCH) and Litecoin (LTC) have reportedly seen volatile momentum from South Korean crypto exchanges.</p><p><br /></p><p>Like to be informed here that STG not only supports ERC-20 tokens based on the Ethereum (ETH) network but also plans to expand to other chains in the future so that more people are interested in investing in the digital asset.</p><p><br /></p><p><br /></p><p>After depositing STG tokens into a voting escrow account*, users can acquire veSTG to have voting rights in protocol management decisions including enjoying staking rewards and fee distribution.</p><p><br /></p><p>*Token locking mechanism for a predetermined period of time</p><p><br /></p><p>It is well known that STG aims to be the ultimate cross-chain liquidity hub that allows the smooth and secure transfer of all local digital assets on any blockchain.</p><p><br /></p><p>For the record, Bithumb is one of the largest and oldest crypto exchanges in South Korea with over 8 million registered users and $1 billion in daily trading volume.</p><p><br /></p><p>After hovering at $0.56 on July 2, 2023, STG price slowly managed to reach $0.64 but is now slightly down at $0.62 in the last 24 hours with a market cap of $127 million.</p>