The cryptocurrency market continues to consolidate. Although the leading crypto Bitcoin lost altitude, it showed resistance and is struggling around $51 thousand. Even though the market took a break, crypto exchanges continue to update their listings. Leading crypto exchange Coinbase announced the listing for 2 altcoins.
Coinbase to list Starknet (STRK) with “experimental” label
Crypto exchange Coinbase will support Starknet (STRK) on the Ethereum network. The stock exchange stated that it would make the listing with the “experimental” label. Coinbase noted that trading will begin later today if liquidity conditions are met. Once the asset supply is sufficient, trading in the STRK-USD trading pair will begin gradually. In this context, Coinbase made the following announcement from its official X account:
Coinbase will add support for Starknet (STRK) on the Ethereum network (ERC-20 token). Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on Coinbase and CoinbaseExch in regions where trading is supported.
Coinbase will add support for Helium Mobile (MOBILE)
Additionally, Coinbase will add support for Helium Mobile (MOBILE) on the Solana network (SPL token). The exchange stated that if liquidity conditions are met, trading will begin around 12:00 UTC on February 22, 2024. In this context, the crypto exchange made the following announcement:
Coinbase will add support for Helium Mobile (MOBILE) on the Solana network (SPL token). Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on Coinbase and CoinbaseExch in regions where trading is supported.
The exchange noted that it will gradually start trading in the MOBILE-USD parity when sufficient supply of this asset is provided. It also noted that MOBILE support may be restricted in some supported jurisdictions.
First Starknet airdrop distributed 782 million tokens, altcoin price dropped!
When Starknet’s STRK tokens launched on February 20, they fell due to criticism of the way the team managed the issuance of airdrop tokens and the schedule for unlocking them. The altcoin price has fallen by more than 8% in the last 24 hours. At the time of writing, the token was trading at $1.90.
In a statement on Starknet According to the plan, the project will unlock tokens on a monthly basis for 31 months, starting from April. The criticism stems from the discovery that Starknet’s token creation event actually took place in November 2022, and the initial one-year vesting period was later postponed to April of this year. Approximately 13% of the supply, worth more than $2.6 billion, will be unlocked in April, according to Token Unlocks data.
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