Coinbase Adds New Altcoins to Engage Users

CoinMarketCap10-02

You can also read this news on BH NEWS: Coinbase Adds New Altcoins to Engage Users Coinbase, the leading cryptocurrency exchange by trading volume in the United States, has recently expanded its ...

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This strategic decision is aimed at attracting a broader user base, as the exchange anticipates further price surges in the cryptocurrency market.\nWhat is Coinbase’s Approach to Altcoin Listings?\nThe exchange’s selection process for new altcoins revolves around its roadmap, acknowledging that announcements can significantly affect altcoin prices, particularly during bullish market phases. In instances where altcoins experience low trading volumes, even a single announcement can induce price spikes of up to 20%.\nWhich Cryptocurrencies Have Been Recently Added?\nDespite Bitcoin‘s recent price drops, Coinbase has introduced two new cryptocurrencies on its listing roadmap. Although inclusion does not ensure actual listing, assets that appear on the roadmap are typically listed within a week, with rare exceptions resulting in their removal.\nThe newly added ioNet (IO) Token from the Solana network and Degen (DEGEN) are both notable inclusions. 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