Katy Perry-Backed Audius Rallies 38% On Coinbase Listing
Audius AUDIO/USD rallied 38% on Tuesday after the token was listed on Coinbase COIN/USD.
What Happened: AUDIO reached a new high of $0.36 on Tuesday, the highest price since Aug. 16.
Apex crypto Bitcoin BTC/USD was trading below $23,000, down 2%. Ethereum ETH/USD at $1,547, down 5.81% in the last 24 hours.
See More: Best Crypto Day Trading Strategies
AUDIO prices surged following the announcement that Coinbase has added the token to its platform, giving millions of Coinbase users the opportunity to invest and trade AUDIO. However, in the past, bullish moves triggered by exchange listings were short-lived.
Audius is a blockchain network built on Solana SOL/USD. It has mobile and web applications where people can download and stream music, mostly from independent musicians.
Audius raised over $13.6 million from musicians Jayson Derulo and Katy Perry.
Read Next: Bitcoin, Ethereum, Dogecoin Slide: Analyst Says Apex Crypto In For ‘Very Interesting’ Rally Or Short-Term Pullback
More Stories
Can Ethereum Hit $2,500 Following Increased DeFi Demand? – BeInCrypto
Can Ethereum Hit $2,500 Following Increased DeFi Demand? BeInCrypto Source link
Vechain Dev Tool Update — Electi Consulting and Vechain Deploy … – Medium
Vechain Dev Tool Update — Electi Consulting and Vechain Deploy ... Medium Source link
First Citizens Acquires Silicon Valley Bank, Assumes $72 Billion In Loans – Ethereum World News
First Citizens Acquires Silicon Valley Bank, Assumes $72 Billion In Loans Ethereum World News Source link
Bitcoin, Ethereum Fall as CFTC Sues Binance and CEO Changpeng Zhao – Decrypt
Bitcoin, Ethereum Fall as CFTC Sues Binance and CEO Changpeng Zhao Decrypt Source link
This Week in Coins: Ethereum And Solana Post Gains as Market … – The Coin Republic
This Week in Coins: Ethereum And Solana Post Gains as Market ... The Coin Republic Source link