Not being able to deposit or withdraw doesn't mean that holders on the platform can't trade it, they're just in an isolated bubble. As to whether the trades on Upbit make sense, that's a question that could also be asked about times when deposits weren't suspended.
Yes, it's this line:
That suggests to me that nobody can trade on it. But according to CoinMarketCap, on Upbit, it's rocketed to over $7. This makes no sense to me at all!
Not being able to deposit or withdraw doesn't mean that holders on the platform can't trade it, they're just in an isolated bubble. As to whether the trades on Upbit make sense, that's a question that could also be asked about times when deposits weren't suspended.
Ah, ok. So they can trade it and deposit and withdraw other funds (inc. FIAT) but simply can't deposit and withdraw the coin itself?