Cryptocurrency exchanges’ listings are crucial ahead of the anticipated bull season. Exchanges like Binance, Coinbase, and OKX are actively listing altcoins expected to have high trading volumes while delisting others. Recently, OKX announced the listing of three new trading pairs, garnering significant attention in the market.
OKX Announces 3 New Listings
OKX has confirmed the addition of ARKM/USDT, PIXEL/USDT, and BOME/USDT trading pairs. Trading for ARKM kicks off at 3:00 PM on August 15, followed by PIXEL at 5:00 PM, and BOME at 7:00 PM. The announcement has generated substantial excitement among traders.
The exchange’s statement highlighted the listing of $ARKM by @ArkhamIntel, $BOME by @Darkfarms1, and $PIXEL by @pixels_online. Spot trading for these pairs will commence at different times on August 15 (UTC), starting with ARKM at 6:00 AM, PIXEL at 8:00 AM, and BOME at 10:00 AM.
Prices of ARKM, PIXEL, and BOME
Following the listing announcement, all eyes turned to the price movements of these three altcoins. ARKM saw a 1% price drop to around $1.02, disappointing some investors. Despite the listing news, its market cap stands at $209.6 million, with trading volume rising 7% to $38.6 million.
PIXEL, another notable project, also experienced a 1% decline in price, trading at $0.1394. Its market cap decreased to $107.4 million, influenced by key market unlocks. Lastly, BOME showed a slight upward trend, with a 0.5% price increase to $0.007183, and trading volume rising to $495 million.
Key Inferences and Insights
The listing announcement has market implications:
- ARKM’s trading volume increased by 7% after the listing news.
- PIXEL’s market cap dropped to $107.4 million due to market unlocks.
- BOME showed a positive trend, rising 0.5% in price.
- The 24-hour trading volume for BOME surged by 37% to $133.9 million.
These observations can help traders make informed decisions regarding these newly listed pairs.
The recent listings by OKX have stirred interest and positioned these altcoins for potential trading opportunities. Monitoring their price movements and trading volumes can provide further insights into market trends and investment strategies.