Pi Network (pi) 
EPT Token Surges 72% Ahead of Listing on Bithumb Exchange
The native token of Balance, EPT, experienced a significant surge of up to 72% today as anticipation builds for its upcoming listing on South Korea’s Bithumb exchange. This development has sparked excitement in the cryptocurrency community, particularly among traders and investors interested in emerging tokens.
EPT Price Rally and Market Activity
According to recent data, EPT climbed to an intraday high of $0.012 on May 8, pushing its market capitalization over $27 million. Daily trading volume also saw a substantial increase, rising 44% compared to the previous day and reaching approximately $63 million. This surge can be attributed to the announcement that Bithumb will introduce a KRW trading pair for EPT at 6:00 PM KST on May 8, 2025.
Bithumb’s decision to list EPT follows earlier listings on major cryptocurrency exchanges, including Binance Alpha, Gate.io, KuCoin, Bitget, and MEXC. These platforms added EPT shortly after Balance’s token generation event (TGE) and mainnet launch on April 21, 2025. At launch, the total token supply for EPT was capped at 10 billion.
Derivatives Market Activity
EPT’s derivatives market has seen a notable uptick in activity following the Bithumb announcement. Recent data indicates that open interest in EPT futures increased by 52% in the past 24 hours, reaching nearly $20 million. Meanwhile, the funding rate remains steady at 0.0050%, suggesting that traders maintain bullish positions and anticipate further price growth.
Technical Analysis: Positive Indicators
From a technical perspective, EPT is showing promising signs of growth. On the 4-hour USDT chart, the token has broken above the upper boundary of a descending parallel channel pattern that had constrained its price since launch. Such breakouts often signal a potential trend reversal and the beginning of a bullish phase.
Additional indicators reinforce this sentiment. EPT’s price is currently holding above its 20-day moving average, a key signal of bullish momentum. Furthermore, the MACD line has crossed above the signal line, which is another classic indicator suggesting the bearish trend might be over.
If the current positive momentum persists, EPT could test the next psychological resistance level at $0.014. Breaking above this point could pave the way for a move toward its all-time high of $0.017, representing a potential 54% gain from current levels. At the time of writing, EPT is trading around $0.011 per token.
About Balance
Balance, founded in February 2024, is an AI-powered Web3 platform designed to integrate gaming, social engagement, and decentralized finance within a single blockchain ecosystem. Built on a multichain infrastructure, Balance enables users to explore AI-driven virtual worlds while earning rewards through its native token, EPT.
EPT serves as the backbone of the Balance ecosystem, supporting key functionalities such as governance, staking rewards, liquidity incentives, and in-game utility. The platform’s innovative approach aims to provide seamless experiences for users who are passionate about gaming and blockchain technology.
In September 2024, Balance secured $30 million in funding from prominent investors, including Andreessen Horowitz, Galaxy Interactive, Amber Group, and Animoca Brands. The funds were earmarked to accelerate the development of Balance’s AI-integrated Web3 gaming and social features.
“Disclosure: This article is for educational purposes only and does not constitute investment advice. Always conduct thorough research before investing in cryptocurrencies.”
