Hot Development: Coinbase Announces That It Will List the Altcoin Distributed via Airdrop on Its Platform

USA’s largest cryptocurrency Coinbase, the exchange, announced in its statement that it will list Celestia (TIA), which recently launched its mainnet and distributed 60 million coins to its users.

The exchange stated that trading will begin as soon as liquidity conditions are met and the TIA/USD pair will be traded.

According to the statement made by Coinbase, TIA coin will be listed on the exchange with the “experimental” label. This is a label that the company applies to particularly risky cryptocurrencies.

The TIA coin was recently listed on almost all major centralized cryptocurrency exchanges, and Binance Futures recently announced that it has added support for the TIA token with up to 50x leverage.

TIA price rose following Coinbase’s announcement. The coin, which started trading on the market at a price of $2.13, is traded at $2.41 at the time of writing this article and has a market value of $340 million.

*This is not investment advice.

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