- Leading US-based cryptocurrency exchange Coinbase has added another little-known altcoin to its list of digital assets that it plans to list in the second quarter of 2022.
A low market cap decentralized finance (DeFi) altcoin, the largest US-based cryptocurrency exchange Coinbase listing roadmapAfter adding to the na, it started to rise and increased by more than 40 percent.
Ooki Protocol (OOKI)
Coinbase said in a statement Friday, Ooki Protocollocal presence of OOKIhas been added to the listing roadmap announced.
coinbase listing roadmapconsists of cryptocurrency projects that are being actively evaluated for inclusion in the exchange’s list of supported assets. The exchange, which updates this list every day, ensures that positive price movements occur in altcoins that are expected to be listed.
Assets added to the roadmap today: Ooki Protocol (OOKI) https://t.co/zu1IBdrD7X
— Coinbase Assets (@CoinbaseAssets) August 12, 2022
Ooki Protocolis a decentralized margin trading and lending platform that requires no verification. The project calls itself a “financial primitive for shorting, leverage, borrowing and lending that powers the decentralized, efficient and rent-free blockchain”:
“Ooki Protocol allows anyone, lenders, borrowers and traders to build applications that enable them to interact with the most flexible decentralized finance protocol on Ethereum. Ooki is a community-run project with a community vote for all major changes to the protocol.”
The management token of the project OOKI tokenIt is trading at $0.0081, an impressive gain at the time of writing. The crypto asset, which is ranked 598th by market capitalization, has increased by over 40 percent during the day after the news in the last 24 hours. Experiencing a slight correction, OOKI is up 27.8 percent at the time of writing and more than 84 percent from last month. Despite this good performance OOKIIt is trading down more than 87 percent from its all-time high of $0.060539 reached last December.
Coinbase’s listing roadmap was originally created to increase transparency by “providing as much information symmetry as possible” and to communicate with the market before deciding to list an asset, and it continues to grow with each passing day with new altcoins.
You can follow the current price action here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.