Coinbase Launches APR and MET USD Trading: APR Up, MET Down
Coinbase listing APR and MET expands USD spot trading options for altcoin traders. On October 23 (ET), Coinbase began spot trading for APR-USD and MET-USD pairs after meeting liquidity requirements. Following the Coinbase listing, APR rallied over 10%, driven by aPriori’s intelligent order book streams and a $30 million funding round led by Pantera, YZi Labs and ConsenSys. Meanwhile, Meteora (MET), launched on Solana, dipped 41% during initial price discovery. Built with Dynamic AMM and DLMM pools, MET aims to enhance DeFi liquidity. Traders should monitor liquidity conditions and trading volumes closely, as major exchange listings often drive short-term price movements and influence altcoin valuations.
Bullish
The Coinbase listing boosts liquidity and accessibility for both APR and MET. APR’s post-listing rally of over 10% reflects strong market demand backed by aPriori’s intelligent order book streams and a $30 million institutional funding round. MET’s 41% dip is typical of initial price discovery, and its Dynamic AMM and DLMM pools on Solana position it for DeFi growth. Historically, major exchange listings cause short-term volatility but lead to deeper liquidity and sustained upward trends. Overall, the news is bullish, offering both immediate trading opportunities and longer-term value upside.