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Reading: Coinbase Announces New Listing for DEGEN Coin as Bitcoin Price Targets $66,000
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COINTURK NEWS > Altcoin News > Coinbase Announces New Listing for DEGEN Coin as Bitcoin Price Targets $66,000
Altcoin News

Coinbase Announces New Listing for DEGEN Coin as Bitcoin Price Targets $66,000

In Brief

  • Bitcoin's price aims for $66,000 as DEGEN Coin receives a listing.

  • Coinbase's listing could lead DEGEN to new price peaks.

  • Traders should verify contract addresses and transfer networks before trading.

Ömer Ergin
Ömer Ergin 7 months ago
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As Bitcoin $104,459 prices aim for over $66,000, Coinbase has announced the new listing of DEGEN Coin. Following this announcement and bolstered by a positive market sentiment, the price of DEGEN has rapidly increased.

DEGEN Coin Surges

Coinbase recently revealed its plans to list DEGEN Coin tomorrow. The trading pair is expected to be active around this time. Notably, Coinbase may delay listings if the necessary liquidity conditions are not met. Given that BTC prices have risen by 5% daily, this listing news is what altcoins would want to hear right now.

The price of DEGEN has risen to $0.01214 following the announcement, marking a significant increase. However, the resistance level established on October 2 has yet to be breached. If demand continues to rise post-listing tomorrow, it could lead to new price peaks once the resistance is surpassed.

In the event of a potential decline, testing support levels at $0.00920 and $0.00709 is possible. Traders should ensure that transfers are made via the BASE network by tomorrow and verify the token contract address during DEX transactions (to guard against fake tokens). The contract address for Degen (DEGEN) is 0x4ed4e862860bed51a9570b96d89af5e1b0efefed.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 14 October, 2024 - 8:03 pm 14 October, 2024 - 8:03 pm
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