The largest cryptocurrency exchange in the U.S. has extended its congratulations to President-elect Trump, who is set to take office soon. Following a highly contested election campaign, Trump will become the first U.S. President to publicly support cryptocurrencies, starting his term on Monday. Coinbase, the exchange in question, has also made an announcement regarding the listing of futures for three alternative cryptocurrencies.
Breaking news has emerged concerning the listing of altcoins. Coinbase continues to list these alternative cryptocurrencies in both the spot and futures markets, with the aim of maximizing gains from the increasing trading volumes. It is worth noting that 90% of the tokens that have been examined for spot market listings have been removed. Therefore, the listings made by Coinbase could hold significant meaning for investor confidence.
On January 23 at 09:30 (UTC), Coinbase Global will list three popular cryptocurrencies: AIXBT, PNUT, and VET. Following the announcement of these listings, the price of AIXBT surged by 5%.
PNUT, a meme coin that gained popularity following the demise of its beloved mascot, is currently being traded at $0.625. Its price experienced a 23-fold increase upon being listed on Binance in November, but has since dropped by 75% from its peak.
VET, an older yet still relevant cryptocurrency, has seen a 20% price increase within a span of just three days.
