Tokens listed on Binance, the world's largest cryptocurrency exchange, gain more than double in value when they enter the South Korean market.

According to information provided by crypto researcher Wu Blockchain, tokens listed by Upbit, South Korea’s largest cryptocurrency exchange, over the past year generally gain over 100 percent in value within the first day after the listing decision.

These projects include names such as MINA, CTC, ASTR, SPURS, POKT, etc. These gained 105 percent, 388 percent, 200 percent, 100 percent and 190 percent respectively.

He listed potential projects

Cryptocurrency investors prefer to trade with Bitcoin (BTC) or Ethereum (ETH) in many countries. BTC and ETH make up the majority of trading volumes in these countries. However, South Korean investors are known to turn to the altcoin market in addition to BTC and ETH.

Wu Blockchain listed 30 projects that are listed on Binance but not on Upbit:

Neiro (NEIRO), Turbo (TURBO), Baby Doge Coin (BABYDOGE), Catzzen (CAT), Kombat (HMSTR), Dogs (DOGS), Toncoin (TON), Banana Gun (BANANA), Zksync (ZK), Io.Net (IO), Lista (LISTA), Notcoin (NOT), Renzo (EZ), BounceBtc (BBi), Tensor (INSR), Saga (SAGA), Wormhole (WML), Ethena (ENA), BOOK OF MEME (BOME), ether.fi (ETHFi), Metis (METIS), Aevo (AEVO), Dogewhat (WIF), Portal, (PORT), StarkNet (STRK), Pixels (PIXEL), Dimension (DMN), Ronin (RON), Manta (MANTA), Xai (XAI).