GateIO, a leading crypto exchange (CEX), has once again made a significant impact on the market with its latest listing of the BAD/USDT pair. This move marks a continuation of GateIO’s influence in the crypto sphere, especially notable in the recent performance of tokens post-listing.
Historically, GateIO’s decision to list new tokens has been seen to positively affect their market value. This pattern was evident earlier in the month with the inclusion of Shiba Inu’s BONE token for margin trading, leading to a near 10% increase in its value. The listing of BAD (Bad Idea AI token) aligns with this trend, demonstrating GateIO’s potential to boost token visibility and market activity.
Shiba Inu (SHIB), a key player in the Ethereum-based cryptocurrency world, has shown a robust performance. With a current price of $0.00003044 and a significant 24-hour trading volume, SHIB’s market capitalization stands impressively high. Notably, its price has increased by 0.60% in the last 24 hours and an impressive 20.30% over the past week, significantly outperforming the global crypto market average growth of 3.70%.
Bone ShibaSwap (BONE), another Ethereum ecosystem cryptocurrency, holds a price of $0.9187 today. Despite a 3.92% decline in the past 24 hours, it has seen a 9.99% increase over the last week. The token’s market cap reflects its growing influence, although it slightly underperforms compared to its Ethereum ecosystem peers.
Doge Killer (LEASH) is another cryptocurrency that’s grabbing attention. Priced at $576.30 with a notable trading volume, LEASH has experienced a 4.21% decline in the past day but a 12.73% rise over the week. Its market performance is aligned with the general uptrend of Ethereum ecosystem cryptocurrencies.
GateIO’s strategic listings, such as that of BAD/USDT, significantly impact the cryptocurrency market. This influence extends beyond individual tokens, affecting entire ecosystems like those associated with Ethereum. As the market responds to these listings, GateIO continues to play a pivotal role in shaping the crypto landscape.
