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Bitcoin 
$106,698‘s price was attempting to maintain the $80,000 mark, while altcoins exhibited ongoing weakness. However, there are exceptions, particularly those experiencing price surges due to listing announcements. Recently, Coinbase announced a new altcoin listing.
Latest Altcoin Listing Announcement
In a recent announcement, Coinbase revealed that it will list RedStone (RED) on the Ethereum 
$2,605 network. The listing is scheduled for tomorrow at the same time. Following the announcement, the price of the altcoin rose by approximately 5% to surpass $0.50 before retracing to its previous levels.
“Coinbase will add support for RedStone (RED) on the Ethereum (ERC-20 token) network. Please do not send this asset via other networks, as it may result in the loss of funds.
If liquidity conditions are met, trading will commence on March 12, 2025, at 9 AM PT or thereafter. Trading for the RED-USD pair will gradually begin once sufficient supply is established. RED support may be restricted in certain jurisdictions.
RedStone (RED) has an Ethereum (ERC-20 token) contract address of 0xc43C6bfeDA065fE2c4c11765Bf838789bd0BB5dE.
Coinbase will add support for RED with an Experimental label.” – Coinbase Assets
The Experimental label indicates high price volatility and warns investors accordingly.
After listing on Binance, RED Coin peaked at $1.46 but faced consistent losses due to a general market decline. It is currently trading at $0.47.
