Leading crypto exchange Kraken has announced the listing of two new tokens: the meme coin Apu Apustaja (APU) and the new utility token by Web3 firm Aethir, Aethir (ATH). Trading for both tokens is set to begin today, Nov. 12, at 14. With Kraken continuing to grow its roster of assets, the team competition will be held at 00 UTC.
The Aethir token (ATH) supports Aethir’s decentralized infrastructure to make GPU access more accessible through a Web3 approach. ATH is also an inherent part of Aethir’s mission and aids the coin’s initial launch on the LBank Exchange in June 2024 as payment for GPU rentals, AI services, and cloud gaming resources.
However, ATH had already seen strong price movement ahead of its Kraken debut: 17.14% in the past 24 hours, a decent portion of which was certainly due to Bitcoin’s recent rally to an all-time high of $89,604. Currently priced at $0.07, ATH has a market cap of over $280 million and a fully diluted valuation of $2.9 billion.
From its launch in March 2024, the meme token APU, inspired by a popular internet cartoon frog, has amassed a large community.
Despite market cap and diluted valuation in the six and eight digits, respectively, APU has recently seen price volatility surrounding its initial debut of $334 million. The token has already seen listings like MEXC, BitGet, and Gate and is now trading at $0.000982, down almost 3% over the past day.
Kraken’s latest listings show its dedication to creating utility-focused and meme coin investors. It not only has ATH + APU on its list of token listings but plans to make some meme coins, such as GOAT, NEIRO, FWOG, DOGS, and COW, available in line with different verticals in the crypto market.
