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Why? Because the Pluton crypto has seen a number of other significant spikes this year. On a year-to-date basis, most cryptocurrencies are down. Pluton on the other hand has more than doubled in 2022.
Part of this reason for this is its recent Coinbase listing. Alongside this jolt of exposure and accessibility, investors have a higher-liquidity token to trade, with more avenues to do so. Given Coinbase’s market share in the United States, this move has been very beneficial for PLU. Additionally, this listing provides validation for early investors.
For those interested in PLU right now, let’s dive into what the experts think.
For context, PLU currently trades at $10.80.
On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
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