Crypto Drama: Aethir’s Wild Ride on Coinbase’s Rollercoaster!

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Well, well, well! Coinbase has finally decided to roll out the red carpet for Aethir, the DePIN “GPU-as-a-service” network, and guess what? The ATH token just did a little happy dance with an 8% price spike! 🎉 But hold your horses, because while the DePIN industry is strutting its stuff, the broader market is looking as cheerful as a rainy Monday morning. ☔️

Remember when Coinbase had the chance to list ATH back in June 2024 and decided to ghost it? Classic! Since then, the token has peaked and crashed more times than a clumsy toddler on a tricycle. 🚴‍♂️ Aethir’s price has been as exciting as watching paint dry for over a month now, and let’s be real, building momentum in this market is like trying to push a boulder uphill. Good luck with that!

Coinbase Finally Gives Aethir a Shot During Its Snooze Fest

Aethir has been quieter than a library on a Sunday. Sure, it’s made a couple of major partnerships recently, but let’s face it, it hasn’t exactly been making headlines. But today, in a plot twist worthy of a soap opera, Coinbase announced it’s listing Aethir’s ATH token, and suddenly everyone’s buzzing like they just had a double espresso! ☕️

“Coinbase will add support for Aethir (ATH) on the Ethereum (ERC-20 token) network. Trading will begin on or after 9AM PT on 13 March, 2025 if liquidity conditions are met. Once sufficient supply of this asset is established, trading on our ATH-USD trading pair will launch in phases,” the exchange claimed via social media. Sounds fancy, right? 🤔

Now, let’s not kid ourselves—Coinbase is a bit late to the party. Last June, 16 other centralized exchanges were already dancing with the ATH token, while Coinbase and Binance were busy twiddling their thumbs. But hey, DePIN revenues grew over 100x in 2024, so maybe they’re finally catching on! 📈

Thanks to the “Coinbase Effect,” token projects usually see their prices skyrocket after getting listed. Aethir is no exception, jumping over 8% after the announcement. But let’s not forget, ATH’s price has been as stagnant as a pond in the summer heat for over a month. A little bullish momentum could be just the splash it needs to wake up! 💦

But let’s not get too carried away—Coinbase isn’t a magic wand that will solve all of Aethir’s woes. After the exchange snubbed it in 2024, the token spiked the following month only to crash harder than a bad reality show. 📺 It did manage to rebuild some momentum to hit a new all-time high in December, but those pesky bearish market conditions have been like a rain cloud over its parade. ☁️ Aethir will need a whole lot of fresh interest to bounce back for a third time, but hey, miracles do happen! 🙏

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2025-03-13 00:19