DOGS Listing on Coinbase, How Much Will the Price Go?
2024-09-13Bittime - Crypto exchange Coinbase announced a listing for DOGS. Apart from that, they also announced that they would list the POL perpetual futures coin. How will this impact the prices of these assets?
Coinbase International Exchange has announced the listing of perpetual futures for Polygon (POL) and Dogs (DOGS). These assets will be available for trading on September 19 as enthusiasm around the coins increases.
Crypto users are anticipating bigger price increases for both tokens amid the current sentiment.
Coinbase Listing DOGS dan POL Perp Futures
Crypto exchange Coinbase has listed POL and DOGS perpetual futures, fueling sentiment within the crypto community. Perp futures will launch on Coinbase and Advance International Exchanges on September 19.
The addition of two products to the platform's futures market is in line with its commitment to diversify products to meet global demand.
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This move provides traders with more sophisticated options for managing digital asset risks while attracting advanced participants to the platform. Crypto enthusiasts praised this development for its potential market impact.
Listings on top exchanges attract bullish sentiment to crypto assets due to volume and other factors. On the other hand, the platform also benefits from the influx of mass users supporting these tokens.
Recently, the exchange has announced a perp futures contract which sparked a positive movement within the community. Coinbase lists Immutable (IMX) and FLOW to increase investment in the derivatives market.
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This year, decentralized finance (DeFi) has seen increased participation from the broader market, leading to support for several assets.
What's Next For DOGS & POL Prices?
Both POL and DOGS bulls are projecting an uptrend in price following Coinbase's listing. DOGS continues to attract the attention of crypto traders after a series of positive developments.
This week, crypto bulls projected a price target of $0.002 (Rp. 30) after crypto exchange Binance announced the DOGSUSD perpetual contract.
The price increase lost momentum as bearish market sentiment fell 1.25% in the last 24 hours. On the other hand, POL price recorded a minor increase in the same period, trading at $0.375 (Rp. 5,775). Asset migration from MATIC to POL has become a major topic in crypto circles.
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