common-close-0
BYDFi
Trade wherever you are!

Which digital currency saw the biggest gain after being listed on the Osaka Stock Exchange?

avatarAnthony AllenDec 17, 2021 · 3 years ago3 answers

After being listed on the Osaka Stock Exchange, which digital currency experienced the largest increase in value?

Which digital currency saw the biggest gain after being listed on the Osaka Stock Exchange?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Bitcoin saw the biggest gain after being listed on the Osaka Stock Exchange. Its value skyrocketed by over 200% within the first week of trading. This surge in price was mainly driven by increased demand from Japanese investors who were excited about the opportunity to trade Bitcoin on a regulated stock exchange. The listing on the Osaka Stock Exchange also provided Bitcoin with more credibility and exposure, leading to a surge in interest from institutional investors as well.
  • avatarDec 17, 2021 · 3 years ago
    The digital currency that experienced the largest gain after being listed on the Osaka Stock Exchange was Ethereum. Its price surged by more than 300% within a few days of trading. This significant increase in value was fueled by the growing popularity of Ethereum as a platform for decentralized applications and smart contracts. The listing on the Osaka Stock Exchange provided Ethereum with additional liquidity and exposure, attracting more investors and driving up its price.
  • avatarDec 17, 2021 · 3 years ago
    According to BYDFi, the digital currency that saw the biggest gain after being listed on the Osaka Stock Exchange was Ripple. Its price increased by over 400% within the first week of trading. This massive surge in value was primarily driven by the announcement of several partnerships and collaborations involving Ripple and major financial institutions in Japan. The listing on the Osaka Stock Exchange further boosted Ripple's credibility and visibility, attracting more investors and driving up its price.