High-volume cryptocurrency exchanges Crypto.com and Coinbase are announcing their support plans for 3 new altcoins.
Crypto.com lists this DeFi altcoin project
Cryptocurrency exchange Crypto.com is starting to support under-the-radar DeFi altcoin projects. The Singapore-based exchange will add a number of small-cap DeFi altcoins to its list. According to the announcement, Crypto.com users will now be able to trade with Ribbon Finance (RBN).
RBN is currently trading at $0.3445. It is positioned in the 150th place with its current market value of 196 million dollars. It has gained around 3% in the last 24 hours, along with the overall market. However, ATH price is still trading 90% below $4.89.
Credit platform Ribbon Finance was listed on Coinbase late last year. Despite the recent backlash, Crypto.com continues to add tradable cryptocurrencies to its portfolio. According to a report from Ad Age in October, the exchange laid off more than 2,000 employees, or 30-40% of its workforce.
Little-known altcoin explodes 244% after Coinbase listing news
A Solana-based altcoin is rallying after being listed on Coinbase. Coinbase announced today that it will list the Marinade (MNDE) and Marinade Staked SOL (mSOL) altcoins in a new announcement:
Marinade (MNDE) and Marinade Staked SOL (MSOL) are now live on Coinbase.com and on the Coinbase iOS and Android apps under the Experimental tag. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.
Meanwhile, MNDE, the management token of the liquid staking protocol that supports Marinade Finance’s centrality in the Solana ecosystem, has rallied around 250% in the last 24 hours. It is currently trading at $0.2513. It still holds the day’s rally around 200%.
On the other hand, the mSOL price is also rising by over 7%. It surpassed a critical resistance level of $33.22 on the day. It is currently trading at $36.11.
Solana ecosystem prepares to partner with social media giants
Meanwhile, Solana is working hard to establish its influence and dominance in the market despite all these obstacles. In a recent statement from Solana and Meta, it was revealed that Solana is one of the networks to be merged with Instagram and Facebook. Thanks to this link, users will be able to make and market their Solana NFTs using these platforms. As a result, Solana NFT creation and trading will no longer be limited to the Solana network and will now have a wider audience.
cryptocoin.comAs you follow, Solana is currently trading at $33.95. After Dogecoin’s last rally, it fell to 10th place in terms of market capitalization.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your own research and due diligence before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.