South Korea's largest cryptocurrency exchange, Upbit, has listed the altcoin Bithree (B3) on its Korean Won (KRW) market, igniting an immediate 300% price surge. Trading went live at 4:45 a.m. UTC (1:45 p.m. KST) on May 7, 2026, according to official announcements.
B3 is a layer-3 blockchain built on Coinbase's Base network, focused on enhancing on-chain gaming and consumer applications through sub-cent transaction fees and high throughput. The project terms its ecosystem the "Open Gaming" framework.
Following the listing news, shared widely by blockchain journalist Wu Blockchain, B3's price rocketed from roughly $0.0005 to an intraday high of $0.0022 before settling around $0.0016—still up approximately 280% in 24 hours. This mirrors historical patterns where KRW market listings on Upbit trigger dramatic "Kimchi premium"-style pumps. For instance, earlier listings of POKT and LPT had recorded intraday gains of 350% and 80%, respectively.
Upbit's rigorous listing process often signals a degree of credibility and can significantly boost liquidity for newly added tokens. However, traders should remain cautious of heightened volatility and potential post-listing retracements.
