OriginTrail Token Soars Over 75% After Upbit Listing, Eyes Further Gains
OriginTrail (TRAC) experienced a dramatic price surge on May 18, climbing more than 75% in a single day to reach roughly $0.60 after briefly touching $0.32. The rally coincided with Upbit’s announcement that it would list the token across three major trading pairs – KRW, BTC and USDT – with trading set to begin at 16:00 KST. The news sparked a sharp increase in buying activity, pushing 24‑hour trading volume past $36 million as investors scrambled to secure positions ahead of the exchange debut.
The Upbit listing appears to have been the catalyst for the breakout, giving TRAC heightened exposure in South Korea, one of the world’s most active crypto markets. The added fiat access and broader retail participation have lifted the token well above its recent low of $0.32 and positioned it above all key exponential moving averages (10‑, 20‑, 50‑, 100‑ and 200‑day), signaling a bullish trend across multiple timeframes.
Despite the strong upward move, price volatility remains elevated, with the token trading in a $0.32‑$0.60 range over the past 24 hours. Analysts note that sustained upside will depend on whether the new liquidity translates into lasting demand. Maintaining support above $0.351 could keep the bullish momentum alive, while a breach of that level may expose the token to further downside, with $0.337 identified as the next critical support.
If buyers continue to defend the current gains and push the price beyond the $0.60 psychological barrier, technical models suggest the potential for higher extensions. Conversely, an overbought scenario could trigger a sell‑the‑news correction, prompting early investors to lock in profits. Market participants will be watching closely to see whether the Upbit listing can deliver lasting strength for TRAC.