The post KAITO Price Shoots Up 33% Amid Coinbase Listing, What’s Next? appeared on BitcoinEthereumNews.com.

KAITO price garnered noteworthy investor attention on Thursday as it rallied 33%, defying the broader market trend. Notably, the token’s price primarily rose against the backdrop of a new Coinbase perp listing. As an upshot, traders and investors anticipate sustained price gains in the trending asset amid heightened market exposure. KAITO Price Bullish As It Secures Coinbase Listing KAITO price rallies as its perpetual listing on one of the top crypto exchanges substantially uplifts the asset’s market sentiment. Via an official X post on February 27, the Coinbase International Exchange revealed that the KAITO-PERP market is now in full trading mode. In turn, the token’s price rallied amid heightened money influx due to investors capitalizing on emerging market opportunities. For context, Coinbase’s colossal user base is poised to partake in ‘limit, market, stop, and stop-limit’ orders starting today. These enhanced trade offerings bullishly impact asset prices, as seen via past chronicles. Binance previously unveiled enhanced trade offerings for KAITO, urging a bullish impact on its price. The crypto exchange unveiled new spot trade offerings and bots services on February 24, following which the token witnessed gains worth 75% to date. While this broader price surge may be attributable to a stockpile of factors encompassing the project’s recent airdrop, it’s noteworthy that new listings on crypto exchange giants usually uplift market sentiments. What’s More In The Coinbase Announcement? Simultaneously, it’s also worth mentioning that Coinbase also launched perp listings for two other tokens on the same day. The listing announcement revealed that perp contracts for Virtuals Protocol (VIRTUAL) and B3 (B3) are also in full trading mode starting today. With VIRTUAL-PERP and B3-PERP markets now live, investor sentiments surrounding these tokens have also reflected optimism. VIRTUAL price witnessed a 3% uptick amid its perp listing, resting at $1.13. B3 price shot…

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Filed under: News - @ February 27, 2025 8:19 pm