INFINIT (IN) saw a massive surge after its Upbit listing, with trading volume skyrocketing. We're diving into the implications for IN and the 'Upbit Effect'.
INFINIT's Upbit Listing: Trading Volume Explodes – What's Next?
INFINIT (IN) made waves with its recent listing on South Korea's leading crypto exchange, Upbit. The listing triggered a phenomenal surge in trading volume, sparking significant price movement. What does this mean for IN and the broader DeFi landscape?
Upbit Listing Ignites Trading Frenzy
The October 2025 Upbit listing of INFINIT (IN) sent trading volume soaring over 700% within 24 hours, according to Wu Blockchain. CoinMarketCap data showed IN's price jumping 45% in the same period, and a whopping 85% over the week. Upbit's dominance in the South Korean crypto market, controlling over 70% of the share, immediately put IN on the radar of millions of investors.
INFINIT: A DeFi Intelligence Platform
INFINIT is a DeFi intelligence platform that leverages AI to help users navigate the complex world of decentralized finance. Users can input natural language prompts to explore and execute DeFi strategies. Since launching INFINIT V1 in January 2025, the platform has attracted roughly 170,000 users and recorded over 450,000 on-chain transactions, showcasing robust real-world demand.
Price Analysis: Bullish Momentum with Caution
Analyzing IN's price chart, the 3-hour view showed trading around $0.1223, forming an ascending wedge pattern. While the price was supported by the lower trendline, indicators like RSI and MACD suggested moderate weakness in the short term. A breakout above $0.1356 could target $0.145–$0.160, while a breakdown below $0.1140 might lead to a correction toward $0.1000.
The "Upbit Effect"
Upbit's listings often trigger what's known as the "Upbit Effect," where tokens experience a short-term price surge. We've seen this happen with tokens like PENGU, TOSHI, and FLUID. For example, DOOD, the token behind the Doodles NFT ecosystem, surged over 110% after its Upbit listing. This highlights Upbit's influence in the South Korean market and its ability to drive market enthusiasm.
Market Context: Upbit's Dominance
Data from the Financial Supervisory Service (FSS) reveals that Upbit commands approximately 71.6% of total domestic crypto trading volume in South Korea. In the first half of 2025 alone, Upbit processed around $642 billion in transactions, averaging $3.36 billion daily. The exchange's parent company, Dunamu, is also moving toward a merger with tech giant Naver, potentially integrating Upbit into Naver's digital finance ecosystem.
Final Thoughts
The Upbit listing has undoubtedly put INFINIT in the spotlight. While the initial surge is exciting, it's crucial to remember that the crypto market can be as unpredictable as a New York City subway schedule. Keep an eye on those charts, do your research, and never invest more than you can afford to lose. Who knows, maybe INFINIT really will be the next big thing – but only time will tell!
