Confusion emerged on May 29, 2025, regarding Bithumb’s Korean Won (KRW) market addition of cryptocurrencies INIT and FLOCK, as no official announcements confirm the listings.
This event highlights inconsistencies in communication from crypto exchanges, potentially impacting investor trust and market engagement.
Bithumb Excludes INIT and FLOCK from May Listings
Bithumb’s latest asset listings on May 29, 2025, do not include INIT and FLOCK despite speculation. The Korean exchange announced new trading pairs with Xterio, B3, and SOONSOON. According to Bithumb’s official communication on SOONSOON’s KRW pair listing, these additions align with the exchange’s goal of offering a diverse range of trading options.
No direct statements from leadership or documents confirm the inclusion of INIT and FLOCK. Bithumb’s open channels frequently update users about significant listings like Xterio’s AI/Web3 gaming focus. The XTER listing announcement highlights Bithumb’s approach to regular updates, emphasizing the importance of official communication channels.
Trader Confusion Due to Lack of INIT and FLOCK Announcements
The absence of clear announcements about INIT and FLOCK generates confusion among traders. It highlights the need for transparent communication. Investors rely on official updates to make informed decisions in volatile markets. As noted in Bithumb’s initiatives, communication is key: “Users can learn more about XTER through the official website, whitepaper, and community channels such as X (formerly Twitter) and Discord. Bithumb noted that the listing information for this asset will be updated regularly and published in the digital asset information section.”
Potential outcomes of this event include decreased investor confidence and market fluctuations. Similar absence of communication can impact liquidity and trading volumes. Historical trends show official announcements precede market reactions.
Experts Urge Enhanced Transparency from Bithumb
Compared to Bithumb’s normal procedures, lack of formal confirmations aligns with past oversight. Recent listings like Xterio had official announcements, fortifying market trust and engagement.
Kanalcoin experts suggest market transparency remains critical for Bithumb. History shows that reliable communication supports stable financial and market environments, benefiting both exchanges and token stakeholders.
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