Polkadot Coinbase Listing Drives Price Up

After a strong appreciation trend over the past 24 hours, Polkadot is trading at around $24.50.

The price of Polkadot has increased by 15% after a listing on Coinbase Pro, which has led to an influx of buyers for the coin.

However, Coinbase urged caution in the course of the listing, it is to be seen how the coin will behave in the order books:

If at any time one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in a condition for an extended period of time or suspend trading in accordance with our trading Rules“Coinbase said in a statement.

If this phase is successful, then DOT for Coinbases can be added to non-Pro members, so you too can earn a share of the coin if you wish.

Polkadot joins a number of other coins recently added to Coinbase, including Gitcoin (GTC), Enzyme Token (MLN), Amp (AMP), Dogecoin (DOGE), Internet Computer (ICP), Cartesi (CTSI), iExec (RLC), Mirror Protocol (MIR) and Tellor (TRB).

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What makes Polkadot special and why strike now?

Polkadot will make its Coinbase debut tomorrow, so some traders will buy it now in anticipation of a possible price increase.

However, the old adage of „Buy with rumors, sell with facts!”- so that the 15% increase we have already seen could have already been included in this quotation.

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