{"id":45987,"date":"2025-09-05T16:01:49","date_gmt":"2025-09-05T16:01:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=45987"},"modified":"2025-09-05T16:01:49","modified_gmt":"2025-09-05T16:01:49","slug":"this-altcoin-hits-1-month-peak-after-boost-from-bithumb-details-here","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=45987","title":{"rendered":"This Altcoin Hits 1-Month Peak After Boost From Bithumb: Details Here"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">A low-cap cryptocurrency posted solid gains after Bithumb said it will launch trading services with it.<\/span><\/li>\n<li>Most recently, the company suffered a technical outage that paused all operations for more than an hour and a half.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Bithumb_CB.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-411547\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Bithumb_CB.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Bithumb_CB.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Bithumb_CB-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Bithumb_CB-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Bithumb_CB-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Bithumb_CB-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>New Monthly Record<\/h2>\n<p><span data-preserver-spaces=\"true\">Most leading cryptocurrencies have shown little to no substantial movements in the past 24 hours, but some lesser-known altcoins have defied the ongoing consolidation. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Among the examples is Euler (EUL), whose price pumped by double digits and briefly surpassed $13.30. <\/span><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> marked the highest level witnessed in the last five weeks, while shortly after, the valuation retraced to the current $10.70 (per CoinGecko\u2019s data).<\/span><\/p>\n<figure id=\"attachment_411545\" aria-describedby=\"caption-attachment-411545\" style=\"width: 521px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/EUL-Price.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-411545\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/EUL-Price.png\" alt=\"EUL Price\" width=\"521\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/EUL-Price.png 822w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/EUL-Price-300x230.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/EUL-Price-768x590.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/EUL-Price-50x38.png 50w\" sizes=\"auto, (max-width: 521px) 100vw, 521px\"><\/a><figcaption id=\"caption-attachment-411545\" class=\"wp-caption-text\">EUL Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">The <\/span><span data-preserver-spaces=\"true\">main<\/span><span data-preserver-spaces=\"true\"> catalyst <\/span><span data-preserver-spaces=\"true\">appears to be<\/span><span data-preserver-spaces=\"true\"> the support coming from one of the largest crypto exchanges in South Korea -Bithumb, which <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/BithumbOfficial\/status\/1963802078276686001\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">announced<\/span><\/a><span data-preserver-spaces=\"true\"> the listing of the EUL\/KRW trading pair.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Such backing increases the asset\u2019s availability and liquidity and can broaden its investor base. In addition, it has a boosting effect on its reputation, which is why the price pump shouldn\u2019t come as a surprise.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Forta (FORT), <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/these-altcoins-are-on-fire-backed-by-south-koreas-crypto-giants\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">Huma Finance (HUMA)<\/span><\/a><span data-preserver-spaces=\"true\">, and <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/this-altcoin-explodes-by-170-following-support-from-upbit-and-bithumb-details\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">Hyperlane (HYPER)<\/span><\/a><span data-preserver-spaces=\"true\"> have also benefited in the past several months from Bithumb\u2019s support.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It is important to note that the Korean entity is not the only crypto platform giving the thumbs up to the token. MEXC Japan <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/MEXC_Japan\/status\/1963885032478474736\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">listed<\/span><\/a><span data-preserver-spaces=\"true\"> the EUL\/USDT perpetual contract, providing up to 20x leverage.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Bithumb\u2019s Issues<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">According to a recent <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.koreatimes.co.kr\/economy\/cryptocurrency\/20250904\/late-night-bithumb-outage-sparks-investor-frustration-over-frequent-exchange-glitches\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">report<\/span><\/a><span data-preserver-spaces=\"true\">, the crypto exchange experienced a complete trading service outage on September 2, which lasted roughly one hour and 40 minutes.\u00a0<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cMy thought that night was: Beginners should never go all-in with their money. I just had a taste of hell. One minute felt like an hour. I really hope nothing this strange ever happens again at Bithumb,\u201d one user supposedly said.\u00a0<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">Such a disruption isn\u2019t a precedent for the trading venue. In November 2017, there was another incident that halted all operations for about an hour and a half. Back then, the disruption <\/span><span data-preserver-spaces=\"true\">was attributed<\/span><span data-preserver-spaces=\"true\"> to a sudden spike in trading volume caused by enhanced price volatility in the crypto market.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Rep. Lee Hun-seung of the main opposition People Power Party claimed that South Korea\u2019s top five crypto exchanges suffered a total of 89 system failures between 2018 and 2024. Bithumb leads the way with 41 cases, while Upbit reported 28.\u00a0<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/this-altcoin-hits-1-month-peak-after-boost-from-bithumb-details-here\/\">This Altcoin Hits 1-Month Peak After Boost From Bithumb: Details Here<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR A low-cap cryptocurrency posted solid gains after Bithumb said it will launch trading services with it. Most recently, the company suffered a technical outage that paused all operations for more than an hour and a half. New Monthly Record Most leading cryptocurrencies have shown little to no substantial movements in the past 24 hours, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-45987","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45987"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45987\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}