Marco Verch / Flickr
AltDex

South Korean cryptocurrency exchange Bithumb has listed two new top-100 altcoins: Stellar (XLM), a low-cost blockchain payments platform, and Odyssey (OCN), a peer-to-peer blockchain marketplace exchange ecosystem.


According to the announcement, Bithumb will be celebrating the listing with an airdrop of 27 million OCN, which roughly equals $200,000. Trading for both coins begins on Friday, which marks one of the most significant altcoin additions since the exchange resumed operations after selling a 38% ownership stake to a blockchain consortium based in Singapore for 400 billion won ($350 million) in October.

This is yet another bullish bit of news for Stellar, which has benefited from investor anticipation of a likely Coinbase listing. Additionally, Stellar gained further momentum last week, following the announcement that Blockchain, a leading European cryptocurrency wallet provider, added support for the altcoin, in addition to announcing a record-breaking $125 million airdrop.

XLM and OCN are currently ranked 5th and 93rd, respectively, in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.

More: Bithumb Announcement
Related: Bithumb Launches a Decentralized Exchange Built on Ethereum
Photo: Marco Verch / Flickr

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.