Main crypto platforms, Coinbase and Robinhood, have expanded their choices with new altcoin listings, signaling continued progress within the digital asset market.
Coinbase has added help for Mamo (MAMO), Euler (EUL), Succinct (PROVE), and Cities Protocol (TOWNS). In the meantime, Robinhood has launched buying and selling for Bonk (BONK), Pudgy Penguins (PENGU), Peanut the Squirrel (PNUT), and Stellar (XLM) on Robinhood Legend.
Coinbase Declares 4 New Altcoin Listings
In a sequence of consecutive posts on X (previously Twitter), Coinbase introduced that it’s going to add buying and selling help for the 4 altcoins. The alternate added that MAMO and EUL buying and selling is scheduled to begin on or after 9 AM Pacific Time (PT).
The launch of the EUL-USD and MAMO-USD buying and selling pair can be rolled out in phases as the required provide is secured, stated Coinbase.
As well as, the biggest US-based alternate additionally revealed the itemizing of two new altcoins: PROVE and TOWNS beneath the ‘Experimental Label.’ The altcoins are actually accessible to commerce on the web site and the iOS and Android apps.
These two new-entry tokens have additionally secured listings on Binance with the ‘seed tag’ utilized. Furthermore, South Korea’s largest crypto exchanges, Upbit and Bithumb, have additionally added PROVE to their spot buying and selling platforms, reflecting rising curiosity throughout exchanges.
Market information signifies significant price movements for the reason that bulletins. MAMO rose from $0.153 to $0.188, a 22.88% enhance. On the time of writing, it was buying and selling at $0.172 at press time, up 15.07% for the reason that announcement.
EUL noticed a modest uptick of 11.12% from $10.97 to $12.19. Nonetheless, the altcoin shed most of its beneficial properties and traded at $11.06 at press time.
PROVE has maintained an upward trajectory since its debut. Its worth has appreciated by 94.12%. TOWNS’ journey has been extra risky, sustaining beneficial properties of 6.8% since launching.
In addition to the 4 altcoins, Coinbase added dYdX (COSMOSDYDX) to its listing roadmap, indicating a strategic concentrate on increasing its altcoin ecosystem.
“The launch of buying and selling for these property is contingent on market-making help, and adequate technical infrastructure. We are going to announce the launch of buying and selling individually as soon as these situations have been met,” the announcement stated.
Robinhood Lists BONK, PENGU, PNUT, and XLM
In the meantime, Robinhood introduced the addition of 4 altcoins to its Robinhood Legend platform, as per an official X put up.
“BONK, PENGU, PNUT, and XLM are actually accessible to commerce on our superior buying and selling platform Robinhood Legend,” Robinhood said.
Regardless of the listings, the market response has been muted. All 4 tokens skilled declines following the announcement, with BONK dropping 3.95%, PENGU falling 2.76%, PNUT reducing 1.10%, and XLM slipping 2.17%.
Nonetheless, the declines are a part of a broader market correction. BeInCrypto Markets information confirmed that the entire market capitalization fell 1.64% over the past day.
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