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Coinbase will introduce Hamster Kombat perpetual futures on September 26, raising speculation on whether this could spark a much-needed price recovery after a 43% plunge to $0.007094.
Coinbase, a cryptocurrency exchange, has listed perpetual futures for the Hamster Kombat token. This is in addition to the numerous exchanges that have recently added the coin to their platforms after its much-anticipated launch.
According to the statement, this asset is planned to be offered on Coinbase International Exchange and Coinbase Advance on September 26th.
Hamster Kombat Perp Futures to Launch on Coinbase
This is in accordance with the exchange roadmap, which aims to provide customers with a variety of options to manage their digital assets and to provide them with a diverse range of goods.
Because of the similar listings, the action prompted good remarks from the X (previously Twitter) community at large. As is customary, the price of an asset tends to rise in response to its prominent listing on an exchange.
Community Anticipates Hamster Kombat Price Surge
The increasing competition among centralized platforms is good news for crypto exchanges, who stand to benefit from increased community engagement with the assets. Listing cryptocurrency tokens is one way the exchange continues to show its support for the industry.
Four tokens—ZETA, CATI, WELL on Base, and CoW on Ethereum—are now supported by Coinbase. To help customers prevent losses, the platform also provided advice on how to transfer assets to other networks.
Holders Speculate on Potential HMSTR Price Rebound
How this change will affect the price of HMSTR is the key concern. Initiating a price surge is often the result of an asset's listing on an exchange, as mentioned before. Holders' fears of sell-offs caused the price of Hamster Kombat to plummet after its listing, Coingape reports.
Hamster Kombat Price Drops Despite High Expectations
Even though there was tremendous expectation prior to the debut of the asset, it has had a 43% drop today, trading at $0.007094."
