US-Based Crypto Exchange Coinbase Adds New Altcoin to Its Roadmap, Leading to a 350% Price Surge!
Coinbase Announcement Sparks 350% Surge for Altcoin: Keyboard Cat (KEYCAT)
Recent reports reveal that Coinbase, the US-based crypto exchange giant, has added Keyboard Cat (KEYCAT) to its listing roadmap.
Coinbase is known for quickly adding altcoins to its platform after making such roadmap announcements, so it is speculated that KEYCAT might soon start trading on Coinbase in the near future.
Coinbase Announcement and KEYCAT’s Price Surge
Following the announcement of KEYCAT‘s inclusion on Coinbase’s listing roadmap, the altcoin experienced a rapid and substantial price increase.
KEYCAT‘s price surged by approximately 350% in a matter of minutes, quadrupling its value. However, after this sharp rise, much of the price increase has been pulled back. Despite this, the coin is still trading at around $0.0064.
Coinbase Listing Roadmap and Listing Requirements
In its announcement, Coinbase mentioned that trading for KEYCAT will be initiated once sufficient liquidity and technical requirements are met. However, the exchange also emphasized that being added to the listing roadmap does not guarantee an immediate listing. This means KEYCAT still has to fulfill certain criteria before it can officially start trading on the platform.
Despite the significant price spike following the announcement, KEYCAT investors should exercise caution. Meme coins and altcoins often experience volatile price fluctuations after such announcements, creating both opportunities and risks for traders.
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