The largest cryptocurrency exchange in the U.S., Coinbase, announced the addition of three new altcoins on their platform as Donald Trump assumes the presidency.
Introduction of New Altcoins
Coinbase continues to actively expand the number of tradable altcoins on its platform, including both spot and futures markets. This move significantly impacts investor confidence, especially after 90% of tokens in the spot market were eliminated.
Listing Features
Popular cryptocurrencies AIXBT, PNUT, and VET will be available for trading on Coinbase Global starting January 23 at 09:30 (UTC). Following the listing announcement, AIXBT already surged by 5%.
Market Trends
The meme cryptocurrency PNUT, which gained popularity following its mascot's demise, skyrocketed 23 times after its listing on Binance in November but has since dropped 75% from its peak. VET, an older yet still relevant altcoin, has seen a 20% price increase within just three days.
The listing of new altcoins on Coinbase coincides with current events in the U.S., sparking further interest in the cryptocurrency market.
