ELX Crypto rose by 68% in the last 24 hours of trade prior to a list on the South Korean Crypto exchange Bithumb.
According to data from Coingecko, Elixir’s (ELX) came to a record high on 11 March to $ 0.726 when market capitalization rose by $ 100 million. The daily trade volume rose by 154% to $ 117 million in the previous day.
The profit from ELX followed today after the South Korean Crypto exchange Bithumb revealed that it would add the Altcoin to his Korean won market.
According to Bithumb’s official announcementTrading for ELX starts at 4 p.m. KST on Tuesday 11 March 2025. Deposits and recordings will be opened within 2 hours of the notification, but only on the Ethereum network.
ELX has had to wait an initial price of 681 Yen and traders for 33 deposit mounts before transactions can be processed.
Bithumb also has imposed some temporary restrictions on the launch. During the first five minutes, buyers cannot place orders and sell orders between -10% and +100% of the basic price. Automated trade only starts after the first trade has continued.
Today’s profit also followed the project’s decision to open his Validator program for the public, so that participants can contribute directly to the decentralization and security of the network and at the same time earn rewards.
In addition, the current Rally of ELX extended, which followed his win on Bitget, Kraken, Bybit and Coinw on 7 March on 7 March. These came one day after the tokentameration event on March 6, 2025, which established a total offer of 1 billion ELX tokens.
What is Elx Crypto?
ELX is the native and governance told of Elixir, a modular decentralized liquidity network that is designed to improve liquidity in exchanges of orderbook.
Elixir was launched in October 2024 and previously provided a $ 8 million financing round in March of this year, led by Mysten Labs and Maalstrom, with contributions from a distribution piece, Arthur Hayes, Amber Group, GSR, Flowdesk and others.
The Ecosystem from Elixir also includes Deusd, a fully collateral, yielding synthetic dollar powered by the Elixir network, which supports Real-World assets tokenization by facilitating funds from institutions such as BlackRock, Hamilton Lane, Apollo and others in Defi.
