Just-In: Coinbase Opens Trading for RNDR, HBAR, APT, HNT, AKT In New York

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As a seasoned crypto investor with a few years under my belt, I’ve seen firsthand the impact that exchange listings can have on smaller market cap coins. Coinbase, being one of the most reputable and widely-used exchanges, has the power to significantly boost liquidity and visibility for tokens that get listed.

Coinbase, a prominent cryptocurrency exchange around the globe, has generated significant interest with its recent announcement. The trading platform revealed that it will initiate support for five new crypto tokens – Render (RNDR), Hedera (HBAR), Akash Network (AKT), Helium (HNT), and Aptos (APT) – in New York, USA.

The CEX announcement resonated strongly in the wider cryptocurrency community, instilling optimism about the potential future values of these coins amidst a recently downtrodden crypto market. Let’s delve deeper into the reasons behind this renewed sense of hope.

Coinbase Rolls Out RNDR, HBAR, APT, Others Trading In New York

New York residents can now trade RENDER, HBAR, AKT, HNT, and APT on Coinbase’s website, iOS app, and Android app, as announced by CEX. This expansion in trading options is projected to bring a significant influx of funds into the respective ecosystems of these cryptocurrencies.

In simpler terms, the general feeling among investors is very positive due to recent market events. For instance, the absence of XRP trading on Coinbase in New York led to a rise in its price. Similarly, the cost of the meme coin Bonk surged following its listing on the platform. These occurrences have fueled optimism regarding the potential increase in value for these tokens.

RNDR, APT, HBAR & Others Market Performance

I’ve analyzed the cryptocurrency market, and as of now, RNDR is priced at $7.195, representing a 0.49% decrease over the past 24 hours. APT, on the other hand, has experienced a 0.63% price drop, currently trading at $6.787. HNT has taken a significant hit, with its price declining by 5.90% to reach $3.247. The price of HBAR also saw a fall, decreasing by 2.99% and is now trading at $0.07562. Lastly, AKT experienced a similar trend, with its price declining by 2.99%, currently valued at $2.846.

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2024-06-24 18:12