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07/19 04:32
Coinbase is the latest of a suite of major exchange listings for ERA, adding weight to a bullish June Caldera price outlook with previously untapped demand.
The impact is already showing: the altcoin has surged 64% over the past 24 hours, outpacing the top 300 cryptocurrencies in a clear buy-the-news event.
ERA has fallen 30% since its peak as the Caldera Foundation opened for claims for its 70 million ERA airdrop, prompting holders to offload tokens for an immediate gain.
Coinbase uses the ‘Experimental Label’ to flag tokens that are new or have low trading volume, making them more susceptible to price volatility.
Geopolitical and macroeconomic FUD no longer cloud the narrative, with ever-closer regulatory clarity amid “Crypto Week” fueling a capital rotation into riskier assets.
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