A little-known, under-cap altcoin has corrected sharply after a mind-blowing 580% price jump this week following a surprise Coinbase Pro listing. cryptocoin.com We have compiled the details for you, let’s examine the subject together…
A little-known altcoin has been listed on Coinbase: Its price exploded and crashed!
Coinbase Pro on Wednesday listed Shping Coin (SHPING), an Ethereum-based token that powers the Shping App. The listing started a staggering price surge that took the coin from $0.015 to an all-time high of $0.102. Shping App allows shoppers to earn rewards by comparing prices, scanning barcodes, watching videos and writing product reviews.
SHPING has since corrected more than 64% and the 480th-ranked coin by market cap is trading at $0.034 at the time of writing. Amid the massive price swings of SHPING, the US-based crypto exchange has expanded its full retail support for the token. The exchange has also added full support for Stacks (STX). Customers can now buy and trade altcoins on both Coinbase.com and the exchange’s mobile apps.
Traded on Coinbase Pro on Stacks
Stacks is an open source Blockchain linked to Bitcoin (BTC) with a consensus mechanism that spans two chains called proof of transfer. Through this architecture, Stacks aims to leverage the security of Bitcoin and enable decentralized applications (DApps) and smart contracts. Coinbase Pro listed the coin on its platform earlier this week.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. 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, asset or service in this article.
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.