Support for Listing Two Altcoins from Coinbase: Prices Soared!

Leading cryptocurrency exchange coinbasehas added two more assets to its listing roadmap. These listings were made as part of the plans to act as a bridge between retail customers and Web3 in the announcements from the stock market. Although the exact date for these listings is not known, it is expected to take place in the next few weeks.

California-based cryptocurrency exchange altcoinIt will list more on the stock market. These include metaverse-themed Virtua (TVK) and Polygon-based for the automobile industry Dimo (DIMO) is included.

After the news was published, the prices of the two altcoins showed a significant upward trend. TVK is up 4.5% in the last half hour and is currently trading at $0.04. Meanwhile, DIMO’s price has skyrocketed by over 50% and is currently changing hands at $0.093; this is nearly 400% above the all-time low of $0.018 recorded in December of last year.

Coinbase Adds Support for New Altcoins

Cryptocurrencies added to the exchange’s roadmap are shared transparently and undergo strict controls. However, transfers and exchanges of these assets are not yet supported until an official listing announcement is made. Some altcoins in Coinbase’s roadmap may be removed or not included at all, depending on a number of factors. But most of them are usually listed at the end.

The Coinbase roadmap is designed to reduce insider trading and increase transparency surrounding the exchange’s listing procedure.

You can follow the current price action here.

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