SIGN Rises 60% on Upbit Listing Despite Slow Start on Binance

SIGN, the token linked to its namesake's multi-chain identity protocol, rose by 60% on Tuesday after being listed on Korean exchange Upbit.

The listing follows the token's release on Binance, where it became the first project to be selected by the Binance Alpha campaign.

Trading was initially muted on Binance as it traded between $0.06 and $0.08. The Upbit listing boosted prices to $0.129 before receding to $0.11.

Trading volume also increased from $402 million in the 24-hour period prior to Upbit's listing announcement to $898 million, indicating notable interest among Korean traders.

The move follows a wider trend related to Korean exchange listings, earlier this month filecoin (FIL) rose by 30% following an Upbit listing alongside a similar rise in trading volume.