The cryptocurrency market is struggling to maintain its bullish momentum. While the leading crypto Bitcoin is gathering strength above $63,000, altcoins are also making bullish preparations. Some are already on their way with good news. Coinbase, the leading cryptocurrency exchange, announced a futures market for one token and a spot market for another. Following this news, the tokens made a vertical ascent.
Coinbase International Catizen (CATI) to launch its perpetual contract
As you have been following on Kriptokoin.com, cryptocurrency exchanges continue to add new tokens to their lists. Leading crypto exchange Coinbase announced that Coinbase International and Coinbase Advanced will launch Catizen (CATI) perpetual contracts. In this context, the exchange made the following statement:
CoinbaseIntExch will add support for Catizen perpetual futures on Coinbase International Exchange and Coinbase Advanced. Our CATI-PERP market will open on or after September 26, 2024 at 12:30 p.m. ET.
Following this development, the token price made a vertical jump from the red zone to the green zone. CATI suddenly jumped to $0.8368 from its intraday low of $0.738. Following the listing news, the token was trading at $0.8368 at the time of writing, up 1.42% on the day, Coinbase said. Meanwhile, the token’s trading volume increased by over 37%. This reflects the interest of investors and traders in the token.
Crypto exchange to list Moonwell (WELL)
Also, according to an official announcement, Coinbase will add support for Moonwell (WELL) on its Base network (ERC-20 token). If liquidity conditions are met, trading will begin on or after 12:00 p.m. PT on September 24, 2024, the exchange said. In this context, the exchange made the following statement:
Coinbase will add support for Moonwell (WELL) on the Base network (ERC-20 token). Do not send this asset through other networks or your funds may be lost. (…) If liquidity conditions are met, trading will begin on or after 12:00 PM ET on September 24, 2024. Trading in the WELL-USD trading pair will be launched in phases once there is sufficient supply of this asset. Support for WELL may be restricted in some supported jurisdictions.
After this development, the altcoin price made a vertical jump. WELL price suddenly jumped to $0.036 from its intraday level of $0.03. Following the listing news, the altcoin was trading at $0.03608 at the time of writing, up 26% on the day, Coinbase reported. Meanwhile, the token’s trading volume saw a phenomenal 178% increase. This shows that investors and traders are very interested in the token.
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