Ravencoin just went vertical jumping over 127% in a single day against KRW. Reason? It was listed on one of the biggest South Korean exchange Upbit with trading pair RVN/KRW. And nobody in crypto wasn’t expecting RVN to go like this.
With all retail traders and degens diving in whole crypto twitter is full of green charts and epic PNL screenshots. Looks like this is a proper crypto pump.
Upbit Fires Up RVN – South Korea’s Crypto Market is Lit
Ravencoin has been in crypto since 2018, and it is a well-known project for every crypto enthusiast. But this week it exploded as nobody expected anything. The moment one of the biggest exchanges in South Korea Upbit listed RVN degens started aping.
The price jumped to around the $0.027 mark initially for a short period of time. Right now, the price is super volatile, but it manages to settle around $0.018-20 for one RVN. That gives an amazing ~70% pump at the moment of writing the article.
This is the @Official_Upbit effect.
$RVN (@Ravencoin) just got listed on the Korean exchange and it's up 85% on the announcement. pic.twitter.com/77lJyrs5ye
— Satoshi Club (@esatoshiclub) June 5, 2025
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South Korea’s crypto market is no joke. With recent regulatory changes and pro-crypto presidential candidates, the volume of crypto exceeds that of the stock market.
Social media platform X (Twitter) exploded with many charts, and most of them are as green as possible.
Some believe that if pressure continues it will break the resistance on $0.03 mark and continue to rise.
The sell wall for $RVN exists at $0.03, and if it breaks through, the next sell wall is existed around $0.07. pic.twitter.com/oxs4H2uwWL
— CW (@CW8900) June 5, 2025
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What is funny in this situation is that this pump is driven solely by listing. There is no roadmap news, no fundamental changes within the project, and a good old listing.
This indicates how strong the Korean market is right now. And we’re talking about a $300 million project. Bringing such liquidity so fast is crazy.
Historically, this happened to many coins with Binance listings. Coins that have been sleeping wake up and take the market by storm.
🇰🇷 SOUTH KOREA IS ABOUT TO GO FULL CRYPTO.
BOTH LEADING PRESIDENTIAL CANDIDATES NOW BACK SPOT CRYPTO ETFS. THE HEAD OF THE COUNTRY’S TOP FINANCIAL REGULATOR SAYS HE’S ON BOARD TOO.
IF EITHER SIDE WINS, KOREA OPENS THE GATES!!! pic.twitter.com/gdhVg7RZkY
— Kyle Chassé / DD🐸 (@kyle_chasse) May 12, 2025
South Korea is turning into one big crypto powerhouse. We should definitely capitalize on this.
As RVN Ignites the Altcoin Market – Another Star is Born
As one of the biggest altcoin markets in the world, South Korea is pumping everything that lands on its horizon. Another altcoin is rising: SOLAXY.
It is the first-ever Layer 2 build on the Solana network created solely to improve the weak points of Solana.
While $SOL is far from its ATH of $295, big institutional buying signals strong long-term confidence. 📈
If you believe in Solana’s future, Solaxy might be the ultimate altcoin bet — the first Solana L2 fixing L1’s flaws. 🚀#Solana #Solaxy #Altcoins #Crypto pic.twitter.com/sa3Cmq3hPx
— Crypto Navigator (@krypto_navigatr) May 7, 2025
Right now, it is on presale, and the timer is counting down, with 11 days left before it drops online. So far, the project has raised over $44 million.
That is a lot of resources to push it on different exchanges or even the South Korean market, which we know is capable of.
If you want to join the fun, now is the perfect moment at the best price per token: only $0.001746 per coin.
Further, you can improve your bag holding my staking your coins with an amazing 91% APY.
SOLAXY combines not only a fundamentally strong side but also a fun aspect. Meme culture is one of the biggest in the crypto community, and this will help, most definitely.
With the current world situation and crypto market position, this is a perfect place to join.
For the latest updates on the project, connect with the SOLX community on X and Telegram.
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