Recently, a popular altcoin, which has gained significant attention, will be listed on an additional exchange according to a new announcement. The excitement around artificial intelligence, particularly after the launch of ChatGPT in November 2022, has also driven its price up. Similar to Nvidia’s price-performance ratio, RNDR Coin experienced a surge due to its GPU service provision.
RNDR Coin News
A few minutes ago, Coinbase exchange announced that it will list RNDR Coin (actually an SPL Token in the Solana ecosystem, but commonly known as a Coin). We had previously mentioned in a last-minute announcement added to its roadmap that the price could rise. Now, the anticipated announcement has arrived. The price, which was around $4.90, rose to $5.08 following the news.
At the beginning of 2023, the team announced plans to increase the token price and achieved its goal with steps related to inflation. The price, which was lingering around $0.44 at the time, peaked at $5.28 on December 25th, at the end of the year. Now, it is finding buyers close to its recent local peak again.
Coinbase’s listing announcements do not trigger major rallies for altcoins traded on the Binance exchange. However, if there is to be a surprise surge, this could serve as a pretext, and the price could rise to the all-time high (ATH) region of $7.945. To do so, it must also overcome the barriers of $5.45 and $6.7.
