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Cryptocurrency exchanges’ listing announcements tend to yield much larger outcomes during bull markets. We have been observing this for a few months. Altcoins reaching new peaks find greater support with the news of listings. Recent Coinbase listing roadmap announcements have led to massive outcomes for many cryptocurrencies. So, which altcoin has received the latest good news?
Coinbase Altcoin Listing Roadmap
Coinbase, the largest cryptocurrency exchange in the United States by trading volume, has just announced that Akash Network (AKT) has been added to its listing roadmap. Coinbase had caused price increases by doing the same for several cryptocurrencies recently. The rally doubled as the official listing announcement followed shortly. Now, after an approximate 10% increase in AKT Coin price, it continues to hover around the $4.3 region.
It cannot be said with certainty that altcoins added to the listing roadmap will definitely be traded on the exchange. Altcoins entering this roadmap are often officially listed within a week to ten days. However, a minority of them may be removed from the roadmap. Accordingly, in the coming days, we may witness another surge in price due to the listing news.
