Korean CEX Listings Spark Altcoin Rally: CFG and ESP

South Korea’s Bithumb and UpBit listed CFG and ESP, triggering sharp rallies as altcoins gain momentum.

2026-02-26

The Korean bid is becoming altcoin holders’ best friend these days, as Korean traders pile into new listings on the country’s leading centralized exchanges (CEXs). Over the last week, South Korean CEXs Bithumb and UpBit listed two mid-sized altcoins, Centrifuge’s CFG and Espresso’s ESP, and both tokens surged. CFG rallied 177% from $0.088 to $0.24, while ESP rose 103% to $0.195.

The continued listings by Bithumb and UpBit have drawn attention to mid-sized altcoins. The price action underscores how exchange listings can drive rapid momentum for these assets.