Coinbase Announces Listing
Coinbase has just announced that Arkham (ARKM), which is among the top 200 cryptocurrencies and also listed by Binance, will be listed according to a recent statement.
The announcement was as follows:
Coinbase will add support for Arkham (ARKM) on the Ethereum network (ERC-20 token). Do not send this asset over other networks, or you may lose your funds. Transfers for this asset are available in regions where transactions are supported at @Coinbase & @CoinbaseExch. Trading is expected to begin on April 2, 2024, at 12:00 ET or around this time, once liquidity conditions are met. Trading for ARKM-USD pairs will be initiated gradually once there is sufficient supply of the asset. ARKM support may be restricted in some supported jurisdictions. The Ethereum network (ERC-20 token) contract address for Arkham (ARKM) is 0x6e2a43be0b1d33b726f0ca3b8de60b3482b8b050.
While all this was happening, attention turned to the price of Arkham (ARKM), which brought a clear rise with it.
What is the Price of Arkham (ARKM)?
The price of Arkham jumped from $2.4 to $2.6 immediately before the announcement, but then pulled back slightly. Following the news, the price was triggered to rise, moving sharply to $2.8 from that level.
Afterward, the price retreated to $2.6 but continued to find buyers in the $2.6840 region with some recovery.
ARKM’s market cap and 24-hour trading volume also saw noticeable increases. Arkham’s market cap rose to $400 million after a 2.36% increase, and the 24-hour trading volume experienced an incredible surge of 260%, rising above $137 million.
This suggests that investors are engaging in significant trading activities on the cryptocurrency. The impact of listings by major exchanges like Coinbase and Binance on cryptocurrencies has once again become evident.
Investors would benefit from considering the high volatility of the cryptocurrency world when making investments. The price movement of Arkham in the last 3 hours is a prime example of this.
