The Cryptocurrency Circus: South Korea’s Bithumb Sends Euler Soaring 🚀📈

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In the land of morning calm, where the hum of blockchain whispers through the air like a restless spirit, South Korea’s second-largest cryptocurrency bazaar, known grandly as Bithumb, has proclaimed the imminent arrival of Euler (EUL) upon its spot trading stage.

It is a tale as old as the digital age-an emerging network, Euler, rising quietly in the vast wilderness of decentralized finance, beckoning the eyes of mighty exchanges and gathering its treasure in the form of locked value as if a miser clutching gold coins in the dark. Thus begins the dance among titans, where fortunes rise and fall like the fickle sun behind Russian clouds.

When Bithumb Lists, EUL Ascends-A Rally Fit for the Gods (Or at Least Speculators)

Euler, that sly fox of the Ethereum (ETH) forest, offers its followers the gifts of lending, borrowing, and trading crypto-tokens that look as inscrutable as the artful schemes of noblemen at a Tolstoy ball. Its governance token, the EUL, serves not as mere coin but as a vote, a whisper, an incentive in this decentralized fiefdom.

Bithumb, with the solemnity of a noble decree, announced on its parchment-its official website-that trading would commence sharp at 5:00 PM Korean Standard Time, where EUL would meet its match against the Korean Won, the currency of mortals.

Only through the sacred Ethereum network would this token pass, and the starting price was proclaimed: 12,930 KRW, a sum that might make the humble peasant squint in disbelief.

“Adhering scrupulously to the Travel Rule,” warned Bithumb with grave earnestness, “only deposits and withdrawals from virtual asset service provider exchanges approved by our noble house shall be honored. Should one err-sending coins through unsupported lands-such treasures may vanish into the abyss, forever lost or delayed as if caught in a Siberian winter.”

Thus, this listing presented yet another tempting morsel for the eager appetites of Korean investors, themselves engaged in a relentless competition of diversifying their portfolios as if attending an endless feast where each must present a new delicacy.

And lo, the market responded with the eagerness of a horse startled at the starting gate: EUL surged nearly 44%, from a modest $9.6 to an extravagant $13.8, before settling with the grace of a weary traveler at $12.7-still a robust 31.55% gain. One might say even Tolstoy’s peasants would nod in approval at such volatile fortune.

Euler price chart

This upward dance crowned EUL as the unchallenged champion among the top 300 cryptocurrencies listed by CoinGecko, with trading volume swelling like a boastful noble’s tales-251% increase to a princely $8.5 million, mostly stirred by the fiery HTX.

The listing arrived as a sequel to the earlier appearance of EUL upon Coinbase’s grand stage in the United States, like a traveling actor now accepted in the great theaters of commerce.

Yet, price is but one verse in this epic. The network beneath the token’s gleam has grown mightily. DefiLama’s records reveal Euler’s total value locked to have reached a staggering $1.52 billion, a 15-fold leap since the dawn of this very year 2025-a feat that might cause even Levin to raise his eyebrows in admiration.

Euler TVL chart

Financial ruins once idle now ring with cheer, as Token Terminal’s scrolls reveal revenue and fees ascending fivefold in 2025, the kind of growth that would make even Prince Andrei consider abandoning his existential musings for hedge fund management.

With the fervor of a Tolstoyan novel’s climax, Euler continues its relentless march, embraced by networks, courted by exchanges, and admired by all who seek fortune in the sprawling theater of cryptocurrency-a landscape as wild, unpredictable, and irresistibly entertaining as life itself.

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2025-09-05 08:53