Coinbase continues to expand its crypto footprint by adding more than half a dozen altcoins to its trading list.
Leading cryptocurrency exchange Coinbase continues to expand its crypto sphere of influence, adding more than half a dozen altcoins to its trade list following a surprise listing.
The United States-based cryptocurrency exchange announced that 7 new low-capital crypto assets will start trading on Coinbase Pro once the required liquidity conditions are met.
Aero (AERGO)
Ranked first in Coinbase’s latest altcoin basket, an open-source hybrid blockchain specifically designed for business efficiency and IT developers. Aero (AERGO) exists.
After Coinbase’s news of the listing, Aergo’s price rallied from as low as $0.19 today to as high as $0.28 before correcting itself following the trend. At the time of writing, AERGO is trading at $0.26, up nearly 40 percent on the day.
Golem (GLM)
Among the increasing altcoins in this altcoin listing package of Coinbase, there is also a resource-shared service that provides this service to users who need additional computing power. Golem (GLM) There is also.
According to the project’s website, the Golem network is an open-access and censorship-resistant protocol that aims to connect users through a “flexible” and open-source platform.
Golem initially gained 22.7% after the news and rallied from $0.44 to as high as $0.54. Despite a slight correction, the GLM is still up over 12% at $0.50.
Synapse (SYN)
A cross-chain bridge that ranks third in the altcoin listing package. Synapse (SYN) It also rose over 11 percent in response to the support announcement, rising from $1.95 to $2.17.
Status Network (SNT)
Offering users a secure messaging app, a Web3 browser, and a crypto wallet Status Network (SNT) It was also approved by Coinbase.
Status Network also experienced an upward price movement the other day after the news, reaching $ 0.061 from its initial level of $ 0.055, SNY rose by about 11 percent and then regressed to $ 0.58 at the time of writing.
Ethernet Chain (ERN)
Another altcoin listed by Coinbase is providing non-fungible token (NFT) enthusiasts with access to authenticated and fully licensed digital trading cards. Ethernet Chain (ERN). The platform’s offerings include NBA Hall of Famer Shaquille O’Neal and NFL quarterback Dak Prescott.
Ethernity Chain, which showed a different reaction to Coinbase support than other cryptocurrencies in the altcoin basket, dropped by 11.7 percent from $5.73 to $5.06 after the listing. The cryptocurrency, whose decline does not end here, is still in the red and is trading at $ 4.96 at the time of writing.
Aioz Network (AIOZ)
It is the sixth altcoin to be added to the Coinbase platform. Aioz Network (AIOZ)is a content delivery network that distributes bandwidth while reducing costs.
The other day, Ethernity Chain fell 11.7 percent from $5.73 to $5.06.
Aioz Network (AIOZ)
A content delivery network that distributes bandwidth while reducing costs. Aioz Network (AIOZ) was also among the new cryptocurrencies added to Coinbase’s platform.
The project’s website is Aoiz Network’s; He states that it is fully interoperable with Ethereum and Cosmos blockchains, providing instant certainty and low transaction fees.
Aioz Network jumped from $0.13 to just over $0.18, initially up 38.4 percent following the Coinbase announcement. After a slight correction, AIOZ is currently trading at $0.17, up 29.25 percent on the day.
Highstreet (HIGH)
An open-world metaverse game featuring Coinbase’s altcoin listing, virtual real estate, and an online store selling authentic, limited-edition items Highstreet (HIGH) ends with.
Highstreet’s price initially dropped 15.2% from $4.28 to $3.63, but has since rebounded some of its losses and is currently trading at $3.71.
Meanwhile, crypto king Bitcoin is trading at $38,724, up 2.24 percent in the last 24 hours, while Ethereum (ETH) is up nearly 4 percent at $2,571.
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.