tl;dr
Coinbase has added Shiba Inu, FLOKI, and BONK for full trading, aiming to boost their prices amid a sluggish crypto market. The listing includes limit, market, stop, and stop-limit orders. Although the market reaction was not immediate, historical trends suggest potential price increases. However, t...
Coinbase has launched full trading for Shiba Inu, FLOKI, and BONK to potentially boost their prices amid a sluggish crypto market. This move includes limit, market, stop, and stop-limit orders. Although the market reaction was not immediate, historical trends suggest potential price increases. However, the prices of Shiba Inu, FLOKI, and BONK traded in the red at the time of writing.
Coingape's report highlights the investor anticipation for price recovery as Coinbase lists Shiba Inu, FLOKI, and BONK in full trading mode, despite recent market declines. The full-trading mode launch aims to raise hopes for a potential price recovery after the exchange introduced these meme coins in post-only mode. It comes at a time of a gloomy trading scenario in the broader crypto market.
Coinbase's transition to enable full trading for Shiba Inu, FLOKI, and BONK from post-only mode is seen as a significant step, leading to growing demand for these digital assets on Coinbase International Exchange and Coinbase Advanced.
The market reaction to Coinbase’s announcement was not immediate, but the potential for a rally remains high. Historical trends show that such listings can lead to substantial price increases. Despite the announcement, the prices traded in the red at the time of writing, further reinforcing the anticipation for a potential price recovery.
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More about C3 Ai Inc
Stock Market Analysis Summary C3 Ai Inc (C3)
Sector: Technology
Industry: Services-Prepackaged Software
Market Cap: $29.41 billion
Revenue: $296.40 million
Price Change: -2.34
Price/Earnings Ratio: 2.536
Dividend Yield: -0.917%
Shares Outstanding: 1 billion
EPS: $29.73
Beta: 0
Volatility: 0.176
More about GameStop Corp
GameStop Corp. is a company headquartered in Grapevine, Texas. It operates within the trade and services sector, specifically in the retail-computer and computer software stores industry. The company's revenue stands at 7,859,565,000, with a net income of 746. It has a earnings per share (EPS) of 0.03 and a price-earnings (P/E) ratio of 17.28. The company's beta is 0.0013, and it has a market capitalization of 5,272,800,000. GameStop Corp. has a price-to-sales (P/S) ratio of 0.38, a return on equity (ROE) of 0.259, and an operating margin of -0.194.