South Korea’s premier crypto exchange Bithumb listing is once again proving its influence on the altcoin market.Two altcoins Coreum (CORE) and WEMIX have recently soared to their 6 month highs,all thanks to new listings on the platform.The surge highlights how strategic exchange listings can reignite price momentum,even in a cautious market.
Let’s break down what happened why it matter and what it signal for the broader crypto space.
Bithumb’s Influence in the Crypto Market
As one of South Korea’s largest and most trusted crypto exchanges,Bithumb plays a pivotal role in driving local market sentiment.Korean traders known for their strong retails presence and rapid reaction to news,often treat Bithumb listings as a stamp of legitimacy.
In the past,tokens listed on Bithumb have seen significant price appreciation shortly after launch.The platform’s high liquidity and integration into the Korean won (KRW) market makes it a powerful price engine for altcoins especially those with a community or compliance story behind them.
The Newly Listed Altcoins:Coreum and WEMIX
Coreum (CORE)
- Listing Date: July19,2025
- Project Overview:Coreum is a Layer 1 blockchain platform developed by the Sologenic team,focused on enterprise grade scalability and interoperability.
- Price Action:
- Before Listing: ₩328 KRW
- After Listing: ₩437 KRW
- Growth: 33% in 24 hours
The listing on Bithumb exposed Coreum to Korean investors for the first time at scale,resulting in a swift uptick in volume and price.The excitement around Coreum’s upcoming DeFi integrations may have also contributed to the surge.
WEMIX
- Background: WEMIX,a blockchain gaming platform by Wemade had previously been delisted in late 2022 due to regulatory concerns.However,it made a comeback in July 2025,regaining its listing on Bithumb.
- Price Action:
- WEMIX rebounded sharply to ₩3,180 KRW marking its highest level in six months.
- This is a significant recovery after months of stagnation around the ₩2,000 mark.
The token’s return was celebrated by its large Korean fanbase and the relisting restored market confidence in both the project and its regulatory standing.
Why the Listings Triggered the Surge
Several factors explain the bullish response:
- Retail Trading Frenzy:Korean retail traders are highly responsive to local exchange activity.A new Bithumb listing can spark FOMO driven buying.
- Liquidity Boost:Listing on a top exchange brings a wave of fresh liquidity,which often pushes up prices in the short term.
- Community Hype:Projects like WEMIX already had strong followings.The relisting was seen as a form of redemption.
- Speculation Over Fundamentals:Despite uncertain fundamentals in the short term, speculation around Bithumb listings can create a momentum driven pump.
Broader Market Impact
The rally of Coreum and WEMIX didn’t go unnoticed:
- Both tokens trended on Korean social media platforms and Telegram trading groups.
- Trading volumes on Bithumb increased significantly over the weekend of July 20–21.
- Other small cap altcoins saw minor sympathetic gains on Korean exchanges like Coinone and Upbit,as traders speculated on potential next listings.
Expert Reactions
Several crypto analysts weighed in on the rally:
“This is a classic example of a ‘listing effect’ amplified by the Korean market’s speculative nature.Traders should tread carefully once the initial excitement fades.”
Jinwoo Park,Analyst at CryptoQuant Korea
“WEMIX’s reentry shows that regulatory clarity matters.Once legal concerns fade,local investors come back strong.”
Seo Min Kyung,Blockchain Legal Consultant
What This Means for Traders and Investors
For traders, this is a timely reminder that:
- Exchange listings remain powerful price triggers especially on local platforms.
- Short term rallies may not always reflect long term fundamentals.
- Doing your own research (DYOR) is essential before investing in post listing hype.
If you’re watching for the next breakout keep an eye on upcoming Bithumb listings or rumored relistings in the South Korean market.
Conclusion
The recent Bithumb listings of Coreum and WEMIX sparked impressive price movements,demonstrating the continuing power of local exchange activity in influencing altcoin markets.As crypto investors search for new catalysts in a cautious market,events like these prove that a well timed listing still holds weight especially in regions like South Korea where retail energy remains high.