Popular Exchange Listed These 2 Altcoins: Fiyadollarsar Has Jumped!

Analisdollarser comments on how the latest token listings by South Korean cryptocurrency exchange Upbit have impacted altcoin prices…

Algorand and Audius post double-digit gains

Upbit It recently listed its Aave and 1inch tokens, and the prices of both altcoins also responded positively. The same rally seems to be repeated today in Algorand (ALGO) and Audius (AUDIO), which were listed in the early saadollars. Historically, an exchange listing has offered a higher average return than most other market events. This is referred to as the “Coinbase Effect”. Upbit mimics the “Coinbase Effect,” and a listing announcement by the exchange represents the impetus for the tokens’ price rally. Crypto analisdollarseri also does not delay its comments on Upbit token listings…

Analisdollarser interprets Upbit altcoin listings

Let’s start with market analyst Alex Krüger:

Upbit listings new Coinbase is the list. The first was AAVE and 1INCH, now AUDIO and ALGO.

IntoTheBlock data shows that 81% of ALGO holding wallet addresses are currently It says it’s in the snow. ALGO price trend commented on Altcoin Sherpa last saadollarser.

Analyst expects a slight bounce in ALGO price due to low volume and low volatility. Altcoin Sherpa also believes that ALGO’s price rally is weird:

ALGO: I was so wrong about that…I thought about distribution the whole way. I was expecting a small bounce from the lows, nothing like that. Weird…

According to Anthony Scaramucci, gold lurks

Can the Upbit listing announcement explain the ALGO price increase? Former White House Communications Director Anthony Scaramucci, whose analysis we share on Cryptokoin.com , quoted in an interview recently:

I think gold will be fine, but it’s kind of a straight line situation. Can it rise smoothly? Yes, but I think technologies like Bitcoin, Ethereum, and Algorand will rank up due to the scalability (and) security issues around them.