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Bounce and Arpa Chain up 25% after listing on Coinbase Pro

Cryptocurrency exchange Coinbase Pro has announced the listing of ARPA Chain, Bounce and Perpetual Protocol. Against the backdrop of this news, the cost of AUCTION and ARPA rose by 25% in a few hours.

Coinbase Pro announced the start of trading ARPA Chain (ARPA), Bounce (AUCTION) and Perpetual Protocol (PERP) against the US dollar, euro and USDT. Trading became available on October 19 at 9:00 am PT, subject to the availability of sufficient liquidity in the market. After this announcement, the prices for tokens began to rise.

According to CoinMarketCap data, AUCTION and ARPA were both up in the hours after the announcement was published. The value of the AUCTION token peaked at $ 42.33, after which it began to decline. ARPA rose to $ 0.1905 and PERP rose to $ 19.05. However, in the last 24 hours, the Perpetual Protocol token has lost 7.24%.

In April of this year, analyst firm Messari published a report according to which the “Coinbase effect” leads to the fact that the price of crypto assets grows on average by 91%.

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