Is it safe to buy Bounce Token and ARPA Chain after they were listed on Coinbase Pro?

By: Milko Trajcevski
Milko Trajcevski
Milko leverages his passion for cryptocurrencies and teaches investors something new each day. During his spare time, he loves… read more.
on Oct 19, 2021
  • Bounce Token has seen an increase in trading volume of 919% within the last 24 hours.
  • ARPA Chain has seen a 132% increase in trading volume within the last 24 hours.
  • Each of the tokens has risen in value within the last 24 hours and is a worthwhile purchase.

Bounce Token AUCTION/USD is an Ethereum token intended to power Bounce, which is a decentralized auction protocol for token and NFT sales.

ARPA Chain ARPA/USD is a blockchain-based layer-2 solution for privacy-preserving computation, which is enabled through Multi-Party Computation.

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Both of these tokens have seen tremendous growth and a solid increase in their trading volume. 

A contributing factor to this is the fact that both of them got listed on Coinbase Pro.

Should you buy Bounce Token (AUCTION)?

On October 19, Bounce Token (AUCTION) had a value of $38.46.

To get a better perspective about what kind of value point this is for the token, we will be going over its all-time high value as well as its performance in September.

The all-time high value of the AUCTION token occurred on April 12, when the value of the token was $70.44. This means that the token was $31.98 higher in value or by 83%.

On September 14, the AUCTION token had one of its highest points of value at $38.62.

On September 29, the token had one of its lowest value points at $21.73. The token decreased in value by $16.89 or by 43%.

However, from September 29 to October 19, the token increased by $16.73 or 76%.

With that in mind, we can expect the token to increase its value to $43 by the end of October, making it a solid purchase.

Should you buy ARPA Chain (ARPA)?

On October 19, ARPA Chain (ARPA) had a value of $0.1779.

In order to get an indication as to what kind of value point this is for the token, we will be going over it’s all-time high value and its performance in September.

The all-time high value of the ARPA token occurred on October 19 as well, 10 hours prior to the price. It was at the time of this article when the token had a value of $0.1861. This put the token at its peak, $0.0082 higher in value or 4% higher in value.

On September 3, the ARPA token had one of its highest value points of the month at $0.0977.

On September 22, the token had one of its lowest points of value at $0.0610.

This means that throughout September, the token fell in value by $0.0367 or by 37%.

However, throughout the span of September 22 to the time of writing on October 19, the token increased in value by $0.1169 or by 191%, which makes it a solid purchase at even its current value.

This is due to the fact that, at this rate, the token has the potential to increase its value to $0.2223 by the end of October.

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