South Korean Cryptocurrency trading exchange Bithumb, has just announced two new listings for Stellar Lumens (XLM) and Odyssey (OCN). These listings are a big deal as both coins are among the top 100 largest cryptocurrencies per market capitalization according to the list on CoinMarketCapital. XLM is the native token of Stellar a low-cost blockchain payment platform while OCN is the native token of Odyssey, a peer-to-peer blockchain marketplace.
The announcement was made on the official Bithumb Twitter account:
“Odyssey (OCN) and Stellar (XLM) are now available on Bithumb. Visit the Bithumb official website to trade these cryptocurrencies”.
The announcement wasn’t the only good news Bithumb had in store. The exchange also announced that it would be celebrating this new listing by hosting an airdrop to give out $200,000 in OCN which is roughly equal to 27 million tokens. The listing of these coins is one of the most significant listings the platform has made since it resumed business after selling off 38% of its stake to a Singapore-based blockchain consortium for $350 million last month.
Stellar (XLM) Price Today – XLM / USD
How Are Stellar (XLM) And Odyssey (OCN) Responding To The News
This news strengthens the fundamentals for Stellar. The XLM token has already been enjoying a boost due to the anticipated Coinbase listing. It also gained momentum last week with the start of Blockchain’s airdrop that is scheduled to give out $125 million tokens. Unfortunately, the bearish wave in the market has pushed the token below a significant support.
At the time of writing, XLM was trading at $0.239918. This shows that it is down by 1.06% against the USD and down by 0.72% against Bitcoin. The 24 hour trading volume is $100,452,872 and the market capitalization is $4,621,883,211. XLM is still the 5th largest cryptocurrency per market capitalization.
At the time of writing Odyssey (OCN) was trading at $0.007097. This shows that the coin is down by 7.49% against the USD and down by 6.93% against Bitcoin. The 24 hour trading volume is $5,077,522 and the market capitalization is $33,709,283.