Large cryptocurrency exchanges in Coinbase and Upbit announced the addition of new altcoins to their platforms.
Now Flock (Flock) is available on both exchanges, and Coinbase also added SPX6900 (SPX). These changes led to a significant increase in prices. Flock even reached a new record at the beginning of the Asian trading session today.
Ads from Coinbase and Upbit
In the official message on the social network X (former Twitter), the Coinbase Exchange team confirmed that both altcoin would add. Bidding will begin on September ninth at 9:00 p.m. Pacific time (PT) or later, subject to a sufficient number of tokens.
Bidding for SPX-OUSD and FLOCK-USD steam will be introduced in stages. The exchange also clarified that the availability of these assets may vary depending on the region due to possible restrictions.
How altcoins reacted
After the announcement of Coinbase, the SPX Memcoin showed a moderate increase in price. She rose from $ 1.33 to $ 1.41, which is an increase of 6.02%. However, soon token lost these achievements and at the time of writing is trading at $ 1.32, decreasing by 1.26%.
Meanwhile, Flock showed a noticeable growth. Altcoin rose from $ 0.26 to $ 0.30, increasing by 15.38%, which reflects the early enthusiasm of the market. This is due to the so -called “Coinbase effect”, when the listing on the platform often leads to an instant increase in prices due to an increase in visibility and perceived legitimacy.
In the meantime, the UPBIT solution to add FLOCK to the Korean Vona market (KRW) caused a stronger reaction.
Bidding began at 12:00 on Korean standard time (KST) and led to a sharp increase in FLOCK. The price of altcoin took off from $ 0.31 to $ 0.99, increasing by 219.35%, which has become a new historical maximum (ATH). At the time of writing, the price was adjusted to $ 0.50, which is an increase of 84.37%. In addition, the daily trading volume of Flock increased sharply, reaching $ 197 million, which is 2,051.30% more compared to the previous day.
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Source: Cryptocurrency

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