Coinbase Announces DOGS And POL Listing, Prices Are Ready To Soar

Coinbase generalizes the listing of DOGS and POL (Photo; Doc. Decrypt)

JAKARTA - Coinbase International Exchange announced a virtual futures listing for two new assets, namely Polygon (POL) and Dogs (DOGS). These two assets will begin trading on September 19, amid growing market interest and optimism in the token. This move is expected to strengthen Coinbase's position as one of the world's leading crypto trading platforms.

Coinbase continues to innovate by introducing new products that answer global market needs. Virtual futures lending for POL and DOGS is part of their strategy to diversify futures trading products, providing traders with more choices in managing digital asset risk. With this new listing, Coinbase is expected to attract more experienced traders looking for more sophisticated derivative products.

The crypto community's response to this announcement is very positive. Listing on large platforms like Coinbase usually creates bullish sentiment, which often drives an increase in trading volume and a spike in related asset prices. Along with the growing interest in these two tokens, it is hoped that this platform will also experience a surge in users who support DOGS and POL trading.

Coinbase's move comes amid an enthusiastic market situation. Previously, Coinbase had also launched futures contracts for Immutable (IMX) and FLOW assets, which prompted investment in the derivative market. This year, participation in the decentralized financial sector (DeFi) continues to increase, providing support for various assets, including DOGS and POL.

Optimism towards DOGS and POL continues to strengthen ahead of the listing on Coinbase. Crypto market analysts predict an upward trend in prices for these two tokens. DOGS, for example, has been in the spotlight of crypto traders after a series of positive developments, including Binance's announcement of the perpetual DOGSUSD contract. Even so, the price of DOGS was corrected, down 1.25% in the last 24 hours due to bearish market sentiment.

On the other hand, POL recorded a slight price increase to 0.375 US Dollars (around Rp5,776) in the same period. Migration of tokens from MATIC to POL is a hot topic in the crypto community, which adds to optimism for the future of this token.