Kraken, a global cryptocurrency exchange, has announced the listing of Orderly Network’s $ORDER token for trading on its platform.
The listing potentially enhances the token’s liquidity and market visibility, evidenced by a short-term price increase.
Kraken Expands with Orderly’s $ORDER Token Listing
Kraken, a leading cryptocurrency exchange, has now listed the Orderly Network’s $ORDER token. The exchange co-led by Arjun Sethi and Dave Ripley continues expanding its token offerings. No direct quotes or statements have been published regarding the $ORDER listing.
Founded in 2011, Kraken is recognized for its compliance and security. The listing broadens Orderly’s market, marking a significant moment for both entities.
$ORDER Sees Price Surge Post-Listing on Kraken
ORDER experienced a daily price increase following the listing news, indicating market interest. However, no direct comments have been made by major crypto figures yet.
Historically, new listings on top exchanges lead to increased liquidity and short-term price volatility. The 10.81% daily bump aligns with this trend, signaling potential trader enthusiasm.
Exchange Listings Historically Boost Token Volatility
Previous listings on exchanges like Kraken have shown similar short-term market reactions. ORDER’s price activity mirrors past events, reflecting that trend.
Experts from Kanalcoin suggest the market’s response could herald sustained interest. Analyses highlight the importance of exchange liquidity in driving token valuation trends.
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