JUP, TNSR, JTO Price Predictions: Soaring After Listing on Coinbase?

Bittime - The crypto world is once again enlivened by the strategic steps of Coinbase, the leading cryptocurrency trading platform from the United States. This time, Coinbase announced the listing of perpetual futures contracts for three new altcoins : Jupiter (JUP), Tensor (TNSR), and Jito (JTO).

Coinbase Adds JUP, TNSR, and JTO Perpetual Futures Contracts

The launch of the JUP-PERP, TNSR-PERP, and JTO-PERP perpetual futures contracts is scheduled to begin May 16, 2024 at 09:30 UTC (16:30 IWST) and will be available on Coinbase International Exchange and Coinbase Advanced.

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This move reflects Coinbase's commitment to providing a more diverse trading experience for crypto enthusiasts and institutional investors. Users will have access to a variety of order types such as limit, market, stop, and stop-limit orders to control their positions on Coinbase's perpetual futures platform.

Impact on JUP, TNSR and JTO prices

The launch of perpetual futures contracts for JUP, TNSR, and JTO is anticipated to trigger trading opportunities for speculators and hedgers across a variety of crypto assets. Previously, Coinbase International had launched perpetual futures contracts for AR (AR-PERP), HBAR (HBAR-PERP), and THETA (THETA-PERP).

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Additionally, Coinbase International Exchange and Coinbase Advanced have also added AEVO (AEVO-PERP), ENA (ENA-PERP), and ETHFI (ETHFI-PERP) markets to provide more complex trading opportunities for their users.

Coinbase and Creative Crypto Project Support

Coinbase's expansion into new altcoins is part of their efforts to support innovative crypto projects. This is in line with Coinbase's goal to be a leader in cryptocurrency futures and options products, and offer products that can meet the interests and needs of a diverse range of modern traders.

Also read: Polkadot Price Prediction: Will it Soar Amid High Blockchain Activity?

Price movements of JUP, TNSR, and JTO

News of the listing on Coinbase has attracted the interest of traders and increased trading activity for the three altcoins.

• Jupiter (JUP) : Currently trading at $1.09 and saw a 5.35% gain in the last 24 hours, supported by trading volume that surpassed $132 million. This positive performance places JUP at #62 on CoinMarketCap with a market capitalization above $1.47 billion.
• Jito (JTO) : Experienced a 3.09% price drop to $3.83, with 24-hour trading volume exceeding $197 million. JTO is ranked #141 on CoinMarketCap with a market cap of over $465 million.
• Tensor (TNSR) : Recorded a price increase of 3.60%, trading at $0.812191, with daily volume above $59 million. TNSR's current CoinMarketCap ranking is 439, with a market cap of just over $101 million.

JUP, TNSR, and JTO Price Predictions

Even though listing on Coinbase has the potential to push up the prices of JUP, TNSR, and JTO, investors still need to carry out fundamental research and analysis before making investment decisions. Short-term price movements can also be influenced by overall crypto market sentiment.

How to Buy Crypto from Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn Complete Guide How to Buy Crypto on Bittime . 

Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.