FLOCK Surges 72% After Bithumb & Upbit Listings

FLOCK price jumps over 72% after its KRW pair launches on Bithumb and Upbit, fueling trader interest in the AI-focused crypto token.

  • FLOCK gains 72.32% in the last 24 hours, now at $0.20.
  • Listed on South Korean giants Bithumb and Upbit on May 30.
  • FLOCK powers a decentralized AI collaboration platform.

FLOCK, the native token of the decentralized AI collaboration platform FLock.io, has seen a massive price spike in the last 24 hours. According to CoinMarketCap data, the token soared by 72.32%, now trading around $0.20 USDT. This rally follows its high-profile debut on two of South Korea’s top crypto exchanges—Bithumb and Upbit—both of which launched KRW trading pairs for FLOCK on May 30.

The listing on these platforms has significantly increased the token’s exposure to Korean retail investors, one of the most active communities in the crypto market. Historically, listings on Bithumb and Upbit have acted as strong bullish catalysts for emerging tokens, and FLOCK appears to be the latest example.

What Is FLOCK and Why the Hype?

FLock.io is a decentralized platform that brings AI developers and data contributors together in a trustless environment. It allows participants to collaborate and train AI models without giving up data ownership or control. As the demand for privacy-preserving AI tools grows, platforms like FLOCK offer an attractive value proposition.

This combination of AI and decentralization has captured the market’s attention, especially after the recent exchange support. FLOCK’s infrastructure provides a novel use case that resonates with both Web3 and AI enthusiasts, contributing to the growing momentum.

Will the Rally Sustain?

While the current price surge is impressive, it remains to be seen whether FLOCK can maintain this momentum. Much will depend on continued development, real-world usage, and broader market trends. However, with fresh liquidity from the Korean markets and increasing interest in decentralized AI, FLOCK is a project to keep an eye on.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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