Kaspa (KAS) Price Shoots Up 3% After Coinbase Listing, What’s Next?
Highlights
- Kaspa (KAS) price shoots up 3% in 7 days as Coinbase unveils perp listing.
- SPX6900 price also rallied 16% amid Coinbase's enhanced support.
- Traders and investors remain bullish over the tokens' future action amid enhanced market exposure.
Kaspa (KAS) price has led the broader crypto market recovery-like trend on Thursday, surging 3% in a week as crypto exchange Coinbase unveiled a new listing. Notably, the crypto exchange giant has officially announced that the KAS-PERP market is now live, enhancing market support for the token. As a response, market watchers convey a highly bullish outlook surrounding the crypto project boasting GHOSTDAG protocol.
Kaspa (KAS) Price Bullish As Coinbase Expands Support
In an X post on February 20, Coinbase revealed that the KAS-PERP market is now in full trading mode on the ‘International Exchange and Advanced’ trading platforms. “Limit, market, stop, and stop limit orders are all now available, the exchange notified.
Usual market sentiments remain highly bullish as one of the top crypto exchanges adds new listings, enhancing market exposure for the token. Crypto traders and investors further reflect optimism as the KAS price is already up 10% in tandem with the abovementioned announcement.
What’s More For Traders?
Simultaneously, the crypto exchange behemoth also revealed that the SPX-PERP market is now in full trading mode, offering another enhanced trade offering to users. SPX6900 is an advanced blockchain cryptography token, which also now remains much-eyed by investors for gains.
How Are SPX & KAS Prices Performing?
KAS price chart showcased a 3% uptick in 7 days after the perp listing announcement, although it dropped to $0.1066. The coin’s intraday low and high were 1043 and $0.1091, respectively. Notably, the brief price upswing aligns with the abovementioned listing, whilst traders remain optimistic over future price movements.
Simultaneously, SPX’s price shot up 16% and is currently sitting at $0.7330. Its intraday bottom and peak were $0.6102 and $0.7450, respectively.
Coinglass data showed a 2% rise in Kaspa futures OI, reaching $102.40 million. Also, SPX futures OI surged 24% to $19 million. This data flagged heightened market interest in the assets amid Coinbase’s listing. Market participants continue to eye the tokens for further gains amid increased market exposure.
- Bitget US Stock Futures Trading Volume Surpasses $200 Million
- Binance Founder CZ Predicts Bitcoin Will Flip Gold’s $30 Trillion Market
- Trump Tariffs: U.S. President Threatens 155% Tariff on China, Bitcoin Falls
- Hassett Says Government Shutdown Could End This Week as Crypto Markets Brace for Inflation Data
- ‘Floki Is The CEO’: FLOKI Surges Over 20% After Elon Musk’s Name Drop
- Ethereum Price Targets $8K Amid John Bollinger’s ‘W’ Bottom Signal and VanEck Staked ETF Filing
- Pi Coin Price Eyes 50% Upswing As AI-Powered App Studio Update Ignites Optimism
- Bitcoin Price Prediction as Gaussian Channel Turns Green Amid U.S.–China Trade Progress and Fed Rate Cut Hopes
- Solana Price Prediction: Analyst Notes Bearish Breakdown Amid Derivatives Slowdown
- Shiba Inu Price Eyes Recovery as Burn Rate Jumps 10,785% – Can SHIB Hit $0.000016?
- Ethereum (ETH) Price Prediction: Analyst Eyes $7,000 by Q4 as Bitmine Accumulates $281M ETH — Will History Repeat Itself?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
