South Korea's leading cryptocurrency exchange, Bithumb, has announced the listing of a new altcoin, CORE. This move is set to expand the exchange's offerings and provide users with more trading options. The listing is effective immediately, and users can start trading CORE against the South Korean Won (KRW).

CORE is a decentralized Layer-1 DAO project that is fully compatible with the Ethereum Virtual Machine (EVM). This compatibility allows CORE to support Ethereum decentralized applications (dApps). The project's main goal is to build a robust Web3.0 infrastructure and incentivize developers to create dApps on its network by offering rewards.

Bithumb will start accepting deposits for CORE on June 24, 2024, at 09:00 Turkey time. Withdrawals and trading will commence two hours later at 11:00. The exchange has set the base price of CORE at 1,840 KRW. This listing is expected to increase the adoption of CORE and provide users with more opportunities for trading.

CORE uses the Satoshi Plus algorithm, which combines Delegated Proof of Stake (DPoS) and Delegated Proof of Work (DPoW) to enhance the network's security and sustainability. The native token, CORE, facilitates various functions such as payments, staking, and governance within the ecosystem.

In conclusion, the listing of CORE on Bithumb is a significant development in the cryptocurrency market. It provides users with more trading options and expands the exchange's offerings. The compatibility of CORE with the Ethereum Virtual Machine (EVM) is expected to increase its adoption and provide more opportunities for developers to create decentralized applications (dApps) on its network.