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Coinbase Plans to List Akash Network (AKT) and Ronin (RON), Surge in Akash Network’s AKT Coin Price

Coinbase added Akash Network (AKT) and Ronin (RON) to its listing plan, which might lead to exchange support. AKT's stock price rose 10% in response to the announcement.

Prof. Rkay Tiwari
By Prof. Rkay Tiwari
1 Min Read
Coinbase Plans to List Akash Network (AKT) and Ronin (RON), Surge in Akash Network's AKT Coin Price

Coinbase, the largest US cryptocurrencycurrency exchange by trading volume, has added Akash Network (AKT) to its listing roadmap, presumably indicating that the altcoin will soon receive formal support. The revelation caused AKT’s stock price to rise from $3.91 to $4.38, a gain of more than 10%.

Image from coinbase.com

While participation on the roadmap does not guarantee listing, previous announcements have caused huge price increases for other altcoins. Coinbase usually displays roadmap additions within 1-10 days, though some may be withdrawn. This announcement may lead to additional price rises for AKT in the following days.

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By Prof. Rkay Tiwari
Prof. Rkay Tiwari is a post graduate in Economics with specialization in International Economics & Finance and has joined Crypto SA with a skill building view in the world of cryptocurrency and blockchain. He regularly contributes latest happenings of crypto industry. He is dynamic and a quick learner with a hold on financial data analysis.
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