Coinbase exchange platform recently revealed that it is opening RNDR, HBAR, APT, HNT, and AKT crypto trading in New York, United States.
The most recent update from Coinbase, one of the most prominent cryptocurrency exchanges on a global scale, has garnered worldwide attention. The crypto trading platform has today announced that it will begin trading Render (RNDR), Hedera (HBAR), Akash Network (AKT), Helium (HNT), and Aptos (APT) crypto tokens in New York, U.S.
Following this, the CEX’s announcement promptly garnered significant traction in the broader crypto market despite the recent bearish crypto market, evoking hope for the future prices of these coins. We should investigate the reason in greater detail.
Coinbase Introduces RNDR, HBAR, APT, Other Trading Options in New York
RENDER, HBAR, AKT, HNT, and APT are now available for New York residents to trade on the Coinbase site, IOS, and Android app, according to the official statement of the CEX on X. The tokens’ ecosystems anticipate receiving a substantial infusion of new capital due to the decision to simplify trading offerings for these cryptos.
Also, the new listings have generated substantial market optimism, as evidenced by the typical market sentiments. As recently observed, the price of XRP experienced a significant increase after Coinbase prohibited trading in New York. In addition, the Bonk price of the meme coin experienced a considerable increase following its listing on Coinbase New York. These historical accounts have fostered optimism regarding the tokens’ potential future price fluctuations.
Market Performance of RNDR, APT, HBAR, and Others
At the time of this writing, the price of RNDR was $7.195, a decrease of 0.49% over the previous 24 hours. The cost of APT decreased by 0.63% to $6.787. The price of HNT experienced a decline, plummeting by 5.90% to $3.247. The price of HBAR decreased by 2.99% to $0.07562. AKT experienced a 2.99% decrease in value, reaching $2.846.