Cysic surges 223% weekly as Upbit adds CYS markets

Cysic’s CYS token surged before South Korean exchange Upbit announced new BTC and USDT trading pairs on Aug. 10, drawing attention to the timing of one of the token’s largest intraday moves. Summary CYS rose sharply before Upbit announced new BTC and USDT markets for the Cysic token. Upbit twice delayed trading, moving CYS support from 14:00 KST ultimately to 20:00 KST Monday. CoinGecko recorded CYS near $0.93, up 11% daily and more than 220% across seven days. CoinGecko lists CYS’s all-time high at $1.23, below the $1.30 peak. Upbit will initially restrict buy orders and allow only limit orders for roughly two hours. Upbit initially scheduled trading for 14:00 KST, but the exchange has since postponed the opening twice, with its latest notice moving the launch to 20:00 KST. That update is important because CYS had already recorded much of its price surge before Upbit trading began. At the time of research, the new markets had not yet opened, meaning the rally cannot be described as buying activity occurring on Upbit itself. Cysic rally came before Upbit announced the listing Upbit published its original CYS trading announcement on Aug. 10, saying it would add CYS/BTC and CYS/USDT ...