Oasis Network Price Predictions: Where Will a Coinbase Listing Lead the Crypto ROSE?
Today’s top 100 cryptocurrencies Oasis Network (ROSE-USD) attracts a lot of attention. In an otherwise declining market, the ROSE crypto has managed to rise over 6% in the past 24 hours. As a result, interest in Oasis Network’s price predictions is also growing.
This movement occurs as Coinbase (NASDAQ:PIECE OF MONEY) announced support for Oasis. According to the company Posting on Twitter, incoming transfers from ROSE crypto are now available. Additionally, trading is expected to begin at 9:00 a.m. Pacific tomorrow, if liquidity conditions are met.
Like many other tokens that receive a Coinbase listing, a short-term price spike often follows. What has been dubbed the “Coinbase Effect,” listings can impact the short-term performance of many tokens for a variety of reasons. However, most attribute the upward trajectory to the improved liquidity these listings provide. Other positive impacts include name recognition and awareness. In the crypto world, these are important factors.
New feature: Coinbase will add support for Oasis (ROSE). Incoming transfers for this asset are now available on @Coinbase and @CoinbaseExch in regions where commerce is supported. Trading will begin at 9:00 a.m. PT on or after Tuesday, April 26, if liquidity conditions are met. pic.twitter.com/1AXTPZBB2i
— Coinbase Assets (@CoinbaseAssets) April 25, 2022
With that in mind, let’s take a look at where experts think the ROSE crypto could go.
Oasis Network Price Predictions
For context, ROSE is currently trading at 23 cents per token.
- WalletInvestor provides a one-year and five-year price target of 42 cents and $1.24, respectively, for ROSE.
- Likewise, Gov. Capital predicts that Oasis could be worth $1.09 in one year and $8.37 in five years.
- Finally, DigitalCoinPrice suggests that ROSE could be worth at least 40 cents per token in 2025.
As of the date of publication, Chris MacDonald had (neither directly nor indirectly) any position in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to InvestorPlace.com publishing guidelines.