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Aethir Token Surges 8% After Coinbase Listing

Coin WorldWednesday, Mar 12, 2025 5:07 pm ET
1min read

Coinbase, a leading cryptocurrency exchange, has announced the listing of aethir (ATH), a DePIN “GPU-as-a-service” network. This decision has sparked an 8% price surge in the ATH token, reflecting renewed investor interest in the project. The listing comes at a time when the broader market conditions appear bearish, but the DePIN industry has shown resilience and growth.

Coinbase's decision to list Aethir marks a significant milestone for the project, which has seen its fair share of ups and downs. In June 2024, coinbase initially passed on the opportunity to list ATH, and the token experienced two significant peaks and crashes since then. Despite these fluctuations, Aethir's price has remained relatively stagnant for over a month, making it challenging to build strong momentum in the current market environment.

Coinbase's announcement to support Aethir on the Ethereum (ERC-20 token) network has been met with enthusiasm. Trading for ATH is set to begin on or after 9 AM PT on March 13, 2025, provided liquidity conditions are met. The exchange will launch the ATH-USD trading pair in phases once sufficient supply is established. This move by Coinbase is part of a broader trend where token projects often see substantial price jumps after being listed on the exchange, a phenomenon known as the "Coinbase Effect."

Despite the positive impact of the listing, Aethir faces challenges ahead. After Coinbase's initial refusal to list the token in 2024, ATH experienced a spike the following month, only to crash shortly after. The token managed to rebuild momentum and reach a new all-time high in December, but bearish market conditions have since taken their toll. For Aethir to rebound a third time, it will need fresh interest and support from the market.

The DePIN industry, which Aethir is a part of, has shown remarkable growth. Revenues in this sector grew over 100x in 2024, and the industry continues to make advancements in 2025. This growth suggests that market conditions may be more favorable for Aethir now compared to previous periods. However, the token will need to navigate the current bearish market conditions to achieve sustained growth.

In summary, Coinbase's listing of Aethir has provided a much-needed boost to the token's price, but the project still faces significant challenges. The DePIN industry's growth and the potential for renewed investor interest offer hope for Aethir's future, but the token will need to overcome the current market conditions to achieve sustained success.

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Hamlerhead
03/13
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vivifcgb
03/12
$COIN 200 call for a swing tomorrow morning at open just for kicks
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Ben280301
03/12
@vivifcgb I had $COIN calls last year, sold too soon. Regret not holding for the rally.
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Ditty-Bop
03/13
@vivifcgb What’s your plan for the $COIN call? Holding till close or cashing out early?
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Fit-Possibility-1045
03/12
$COIN dropping with the market but not rebounding like others.
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alpha_mu
03/12
$COIN has only gone down since I bought it, so I'm skeptical. I mean Bitcoin and Nasdaq were up today and this still ended up red.
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Ok-Memory2809
03/12
$COIN thoughts on the opening price for tomorrow 🤔
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joe4942
03/13
@Ok-Memory2809 Bullish vibes, let’s go.
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Interesting_Award_86
03/13
@Ok-Memory2809 What’s your target price?
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ZestycloseAd7528
03/12
Aethir's pump ain't sustainable without DePIN's growth. Market's bearish, but ATH got potential if investors keep faith.
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YungPersian
03/12
ATH-USD trading pair coming soon. Fingers crossed liquidity doesn't become a major issue.
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West-Bodybuilder-867
03/12
@YungPersian Ok bro
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EightBitMemory
03/12
8% surge ain't bad, but can Aethir maintain the hype? Eyes on the prize, folks.
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discobr0
03/12
@EightBitMemory Can Aethir hold this momentum?
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TheOSU87
03/12
I'm HODLing ATH, betting on the "Coinbase Effect."
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AP9384629344432
03/12
@TheOSU87 I'm in for ATH, holding since '24. Love the DePIN growth, bullish on its future.
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sobfreak
03/12
@TheOSU87 How long you planning to HODL ATH? Thinking long-term or just riding the short-term hype?
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Fauster
03/12
DePIN industry's 100x growth in 2024 is no joke. ATH's got some solid backing.
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Monkiyness
03/12
@Fauster Growth's cool, but ATH's still risky.
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James1997lol
03/12
Coinbase Effect at play again, huh? Listing a token and watching the magic happen.
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mmmoctopie
03/12
@James1997lol Magic, indeed. Next, we'll see ATH mooning, right? 🚀
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DumbStocker
03/12
ATH on Coinbase? Bullish signal or just noise?
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EightBitMemory
03/12
@DumbStocker ATH might pump, but watch the volume.
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meowmeowmrcow
03/12
@DumbStocker Bullish signal, maybe. Noise, too.
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Dependent-Teacher595
03/12
Market conditions might be tough, but Aethir's got potential. Keep your eyes peeled, traders.
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Bossie81
03/12
@Dependent-Teacher595 What do you think will drive the price up?
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daynightcase
03/12
Aethir's pump ain't over yet, hodlers rejoice.
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pais_tropical
03/12
@daynightcase How long you planning to hodl ATH? Any targets in mind?
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Greg Bates
03/12

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stydolph
03/13
@Greg Bates Ok bro
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Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
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