Two Small-Capital Altcoins Rise After Coinbase Listing!

US-based cryptocurrency exchange coinbase, on the professional trading platform Rarible (RARI) and BadgerDao (BADGER) announced that it has added support for and that altcoins are listed on the exchange. After this big announcement by Coinbase, two crypto assets experienced significant price increases.

Non-fungible token (NFT) RARI, the local presence of Rarible, Ethereum based governance token.

Rarible (RARI), currently the eighth largest NFT market in terms of daily active traders, rose over 45 percent from a 24-hour low of $1.59 to $28.5, according to data from CoinGecko.

Losing some of its gains after the announcement, RARI is trading at $26 with a 30 percent increase in the last 24 hours at the time of writing.

Source: CoinGecko

Another altcoin listed by Coinbase is a decentralized autonomous organization (DAO) focused on building products and infrastructure to simplify the use of Bitcoin (BTC) as collateral on decentralized finance (DeFi) platforms. to BadgerDao Ethereum-based governance token that powers It’s BADGER.

According to CoinGecko, the altcoin’s price has increased by nearly 20 percent as news of the new listing spread, from a 24-hour low of $32.50 to $38.66. BADGER is trading at $33.64 at the time of writing, losing some of its post-news gains.

Source: CoinGecko

Both RARI and BADGER will initially be traded against the US dollar, euro and Tether stablecoin (USDT).

Coinbase has added support for dozens of cryptocurrencies this year, bringing the total number of crypto assets supported by the company to over 100 on some of the platforms.

Just this month, Coinbase launched a cross-chain platform for decentralized apps and financial services. Function x (FX) and a token that aims to use blockchain technology to build decentralized IoT (Internet of Things) platforms. Jasmy (JASMY) Initiated support for altcoins such as

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.

source site