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Cryptocurrency skyrockets by 75% after endorsement by Upbit exchange.

Although there's been a considerable increase in value, the asset's current price continues to lag substantially behind the record high achieved in the year 2021.

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Despite a substantial surge, the asset's current value falls well short of the previous record high...
Despite a substantial surge, the asset's current value falls well short of the previous record high reached in 2021.

Cryptocurrency skyrockets by 75% after endorsement by Upbit exchange.

Take Off: Ravencoin's Surprising Surge

One lesser-known altcoin is soaring, outpacing the top cryptocurrencies.

Giant Awake: Ravencoin's Bold Comeback

Ravencoin (RVN) took the spotlight on June 5, 2025, recording a tremendous 127% hike in a brief period, reaching a five-month peak of around $0.02[1][4][5]. Its market cap touched over $260 million, marking significant progress, despite RVN remaining unranked in the top 250 cryptocurrencies.

Sleeping Giant Awakens

In 2021, RVN dominated with a $2 billion market cap and an ATH of nearly $0.30. Despite a 93% drop from its peak, some believe RVN could reclaim its past glory[2]. User Vasil predicted, "The sleeping giant RVN just woke up today," hinting towards a potential major pump[2].

Upbit's Catalyst

The driving force behind RVN's rise appears to be Upbit. The leading South Korean exchange listed the RVN/KRW trading pair, but with some precautions[3]. Users must verify networks before depositing and enable deposits and withdrawals only from personally verified wallet addresses[3].

Previous Upbit Listings

Livepeer (LPT): Upbit's listing in early 2025 gave LPT a four-month price high, demonstrating Upbit's power over cryptocurrency prices[5].

Binance, Upbit's Copycat: Upbit followed Binance's lead in April 2025, backing DeepBook (DEEP). DEEP experienced a double-digit surge following the announcement[2].

Upbit's Influence

Upbit, a major South Korean exchange, holds significant sway in the crypto market. Its listings spark high trading volume, boost liquidity, and improve a token's reputation[4].

[1] [Link to the source][3]

[2] [Link to the source][2]

[3] [Link to the source][3]

[4] [Link to the source][4]

[5] [Link to the source][5]

  1. Amid the rise of Ravencoin (RVN), investors are now turning their attention to other cryptocurrencies like Bitcoin, altcoins, and various unranked coins, eagerly monitoring their performance in light of Upbit's potential catalytic effect.
  2. As the market grapples with the sudden surge of Ravencoin (RVN), some traders are viewing this as a sign to diversify their holdings, looking into the possibilities of crypto trading in emerging altcoins, wanting to capitalize on similar financial opportunities.
  3. The technology behind Ravencoin (RVN) and other similar cryptocurrencies has opened up possibilities for innovative applications in the decentralized finance sector, prompting consumers to invest in digital wallets, ensuring they stay updated with the latest advancements in blockchain and crypto-trading technology.

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