\n\t\t\t\t\t\t\t\t\tThere’s a catch, though; the actual surge came before the listing was announced.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
In times when most major cryptocurrencies remain flatlined, every big move, even from smaller-cap alts, becomes news. Today\u2019s example comes from Cysic\u2019s CYS.<\/p>\n
The token skyrocketed by over 60% from its low yesterday at $0.8 to a new all-time high of $1.30 before it was rejected and driven sharply south to $0.92 as of press time. The most evident catalyst for this was a big listing on South Korea\u2019s major exchange, Upbit.<\/p>\n The controversial part stems from the timing of the rally. The chart above demonstrates that the most substantial wick in the past 12 hours took place at 23:00 UTC on August 9 when the asset tapped $1.30.<\/p>\n However, the actual Upbit announcement<\/a> on X went live hours later \u2013 after 03:00 UTC on August 10.\u00a0Trading against BTC and USDT began at 14:00 KST (or 05:00 UTC), which raised some eyebrows on Crypto X about potential insider trading.<\/p>\n Nevertheless, the pump-and-dump move is a reality, and the token behind the decentralized infrastructure project building \u2018ComputeFi\u2019 is among the most volatile assets today in a rather calm market.<\/p>\n Upbit listings have a long history of impacting the underlying token with immediate gains and subsequent retracements. We reported<\/a> one such example in early May when the exchange listed B3 \u2013 the native token of a layer-3 blockchain network built on Base, and its price skyrocketed by triple digits to $0.0021 at the time.<\/p>\n A quick look at CoinGecko shows that it is trading roughly 80% below that local peak, currently struggling below $0.00045.<\/p>\n
![](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/08\/CYS.png\")